FTX Token cryptocurrency trades up $0.119, approximately 9.54% higher going into tomorrow

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

Meanwhile, Algorand USD is trading around $0.221 (down $0.013). Bitcoin is down $820.9 from the beginning of the session and now trades around $29,479. After ending today's session at $0.451, Cardano lost $0.014 and is trading around $0.438.

FTX has shed 94.67% over the past six months. With an average daily volume of 19.60 million.