FTT/USD Stays Below $2.5 Level

The FTX Token value prediction couldn’t transfer in direction of the higher boundary of the channel because the coin might settle in consolidation.

FTX Token Prediction Statistics Data:

• FTT value now – $2.13
• FTT market cap – $607.8 million
• FTT circulating provide – 328.89 million
• FTT whole provide – 328.89 million
• FTT Coinmarketcap rating – #209

FTT/USD Market

Key Levels:

Resistance ranges: $10, $12, $14

Support ranges: $2.10, $1.90, $1.70

According to the day by day chart, FTT/USD is pushing for consolidation round $2.15, however the pattern has a bearish inclination, which might check the help at $2.0 because it might stay beneath the 9-day and 21-day transferring averages. The technical indicator remained bearish because the Relative Strength Index (14) is seen transferring throughout the oversold area.

FTX Token Price Prediction: FTT Price May Go Higher

The FTX Token value is possible to check the closest help at $2.0, however the perfect the bulls can do is to defend the help at this degree and concentrate on pulling in direction of $5.0. In the previous few weeks, the FTX Token misplaced steadiness alongside different cryptos, and the sharp drop affected the consumers from an tried restoration above the transferring averages. As it is now, any additional bearish motion in direction of the beneath boundary of the channel might hit the helps at $2.10, $1.90, and $1.70 respectively.

Moreover, the coin is already buying and selling on common and subsequently a slight bullish motion is anticipated to appropriate the declines with a potential soar above $2.5. Meanwhile, if there is a rise in shopping for strain, the worth could break above the 9-day and 21-day transferring averages to attain the resistance ranges of $10, $12, and $14.

Against Bitcoin, the bears are nonetheless exhibiting extra dedication to buying and selling because the market value stays on the unfavourable indicators, subsequently, the coin could proceed to observe the downtrend as a lot because the consumers failed to push the worth above the 9-day and 21-day transferring averages.

Nevertheless, because the sign line of the Relative Strength Index (14) strikes throughout the oversold area, staying there could trigger the coin to proceed the downward motion to contact the help degree of 800 SAT and beneath, however a rebound above the transferring averages might take the FTX Token value to the resistance degree of 100 SAT and above.