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

At the same time, after ending today's session at $244.21, Binance Coin lost $8.04 and is trading around $236.17. EOS closed at $0.71 (down 3.34%). Dogecoin is down $0.002 from the beginning of the session and now trades around $0.066.

10 months ago FTX Token reached a significant high of $31.51 but has consequently lost 96.05% since then. With an average daily volume of 19.60 million.