FTX cryptocurrency trades up $0.119, approximately 9.54% higher this afternoon

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

FTX is likely to reverse course and start pointing downward in the short term.

Other markets are also showing gains as having closed the previous session at $95.35, Litecoin is up 1.45% today to currently trade at around $96.73. UNICORN Token USD gained 1.62% and is now trading at $6.47.

Meanwhile, after ending today's session at $0.524, Ripple lost $0.003 and is trading around $0.521.

FTX has fallen back around 97% over the past 11 months, from a notable high of $41.46. With an average daily volume of 19.60 million.