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

After closing the previous trading day at $1.24, FTX 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. Having crossed its lower Bollinger Band® at $1.39, FTX Token could be headed for a downward correction.

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

FTX Token shows positive signs, other assets are also on par: having closed the previous session at $0.065, TRON is up 1.82% today to currently trade at around $0.066. Binance Coin is up 1.49%.

Meanwhile, after ending today's session at $6.63, UNICORN Token USD lost $0.197 and is trading around $6.43.

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