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March 14, 2023
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 could be headed for a downward correction.
Overall, looking at the technical analysis landscape, it seems FTX Token is likely to reverse course and start pointing down in the short term.
Other markets are also showing gains as UNICORN Token USD is up 2.05%. Having closed the previous session at $24,200, Bitcoin is up 0.77% today to currently trade at around $24,400.
At the same time, after ending today's session at $0.374, Ripple lost $0.003 and is trading around $0.371.
FTX Token has fallen back around 97.61% over the past 11 months, from a notable high of $51.96. With an average daily volume of 19.60 million.
