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Trading Signals

FTX Token cryptocurrency trades up $0.119, approximately 9.54% higher this afternoon

23 April 2023

FTTUSD

After closing the previous trading day at $1.24, FTX Token is up to $1.36, which makes for a move of 9.54%/$0.119 today.

The Commodity Channel Index (CCI) indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Technical analysis indicates that a new, strong downtrend could be forthcoming with short positions favored. Having crossed its lower Bollinger Band® at $1.39, FTX could be headed for a downward correction.

Examining the technical analysis landscape, FTX Token is likely to reverse course and start pointing downward in the short term.

At the same time, Ripple slumps 2.12% to trade around $0.462. Cardano is down $0.009 from the beginning of the session and now trades around $0.387. Bitcoin Cash is down to $120.14, losing $2.04, after closing at $122.19 in the preceding trading session.

Over the past 10 months, FTX Token has retreated 97% from a noteworthy peak of $41.46. With an average daily volume of 19.60 million.

Market Summary

Latest Crypto News

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Ether cryptocurrency trades up $15.34, approximately 0.8% higher going into tomorrow

Binance Coin cryptocurrency trades up $1, approximately 0.32% higher going into tomorrow

Passive Asia-Pacific markets defy bearish US sentiment

XRP is down 0.31%, trading at $0.458

After five days of going down, Solana is flat today, hovering around $20.62

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