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

Examining the technical analysis landscape, FTX Token is likely to reverse course and start pointing downward in the short term.

FTX Token shows positive signs, other assets are also on par: Dogecoin skyrockets 22.09% to trade around $0.096. Bitcoin Cash climbs 3.89% to trade around $127.81.

Meanwhile, after ending today's session at $1.23, EOS lost $0.054 and is trading around $1.18.

Having soared to a high of $50.46 approximately a year ago, FTX Token is now trading 97.54% lower. With an average daily volume of 19.60 million.