- FTX coin price is currently seeing a correction on the daily chart and can soon see a new high being formed in future. It has seen a gain of more than 10% in the past 24 hours.
- Technical indicators of FTT Crypto suggests a strong upside momentum in price for the future. In contrast, the FTT/BTC pair has observed a gain of more than 8% in the intraday session
FTT crypto price is currently seeing a strong upside momentum and can soon see a major breakout in future. FTX token has seen a decline due to the fall in BTC. Through the regulated futures and options of ledger X, FTX aims to increase its hold on the US and other world markets. They are aiming to provide various derivative instruments to both retail and institutional investors. One can forecast that the price may soon see a new high in the future.
FTX market dominance along with the market cap has seen a surge in the past few days and can return to the previous levels. The volume of the coin along with the coin has seen a surge in the past few days. The volume to market cap ratio of the coin suggests a strong price movement for the future. One can invest in FTX as per their needs and risk capacity
FTT Crypto Price Technical Indicators Suggests A Strong Bullish Move For The Future
The weekly technical chart of FTT token price suggests a strong upside momentum for the future . The daily chart of the asset price highlights a strong bullish move in price for the future. The price of the asset is trading above the 50 and 100 Daily Moving Average,with a positive crossover in the past. The positive crossover in the price can act as a positive catalyst for the future. The 50 MA line is currently near the value of $55 making it a temporary support region for the asset price. FTX token price upside trend can see a resistance area near the value of $80. Meanwhile, support in the asset can be seen near $40. FTT/BTC pair can also see a new high being formed in future.
Conclusion
FTT coin price is seeing a strong upside momentum and can soon see a new high in future. FTT/BTC pair can also see a new high in the future
Technical Levels
Major Support:$50
Major Resistance:$80