After closing the previous trading day at $23.87, FTX is up to $24.32, which makes for a move of 1.87%/$0.447 today.
Technical analysis trend indicators suggest that the MACD index is indicating that momentum is shifting from bearish to bullish following a positive crossover. When the MACD rises above the signal line, it is typically considered to be a bullish development favoring long positions. According to asset volatility analysis, Bollinger Band® analysis indicates that current price action is approaching the upper band at $24.63, thereby suggesting that FTX is becoming overvalued.
Overall, while FTX Token has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
FTX shows positive signs, other assets are also on par: having closed the previous session at $0.063, Dogecoin is up 4.35% today to currently trade at around $0.066. Ethereum added 3.24% to its value, now trading at $1,509.27. EOS moves up 1.83% to trade around $1.12.
After hitting an important low of $22.41 approximately 6 days ago, FTX has bounced back 6.53% since. FTX has a market cap of 3.24 billion with an average daily volume of 11.34 million.