Slightly weaker but mostly flat: FTX is currently trading at $1.61 as it maintains an active range between $1.54 and $1.84.
Despite being in the red so far in the current trading session, FTX Token peaked above its 5 day Simple Moving Average around $1.88 — typically an early indicator of a new bullish trend beginning to emerge. Although FTX Token is pointing down today (was as low as $1.54), it's climbing away from the $1.33 support line and is now 28 cents above it.
Despite suffering losses in today's session, technical analysis is indicating that FTX will undergo a significant bounce in the immediate term.
In the meantime, negative performances are also seen in other markets, Ripple is down to $0.37, losing $0.019, after closing at $0.389 in the preceding trading session. MaticNetwork USD is down to $0.893, losing $0.049, after closing at $0.942 in the preceding trading session. Ethereum closed at $1,211.28 (down 3.29%).
FTX Token has shed 94.05% over the past three months. FTX Token is currently trading with a market cap of 528.69 million with an average daily volume of 140.63 million.