FTX cryptocurrency trades up $0.119, approximately 9.54% higher going into tomorrow

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. FTX Token has just crossed the lower Bollinger Band® at $1.39, indicating a downward correction could occur..

Overall, looking at the technical analysis landscape, it seems FTX is likely to reverse course and start pointing down in the short term.

At the same time, after ending today's session at $6.63, UNICORN Token USD lost $0.197 and is trading around $6.43. Cardano is down to $0.383, losing $0.006, after closing at $0.389 in the preceding trading session. Ethereum stumbles 1.41% to trade around $1,835.71.

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