FTX Token posts light gains on a low-volatility day, ranging between $21.93 – $22.89 and is now at $22.68.
FTX Token's lower Bollinger Band® is at $21.46, indicating that the market is oversold and fertile for new buyers. Despite this, FTX Token could be slowing down soon as it approaches resistance at $24.67. Of course, crossing it might suggest further gains are ahead.
Examining the technical analysis landscape, FTX might continue its downtrend in the short term.
FTX Token shows positive signs, other assets are also on par: having closed the previous session at $1.14, MaticNetwork USD is up 6% today to currently trade at around $1.2. Having closed the previous session at $68.29, Litecoin is up 3.94% today to currently trade at around $71. Algorand USD is up 4.41%.
FTX is now trading 65.93% below the significant high of $65.36 it set around 11 months ago. FTX Token is currently trading with a market cap of 3 billion with an average daily volume of 23.92 million.