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

Overall, looking at the technical analysis landscape, it seems FTX Token is likely to reverse course and start pointing down in the short term.

FTX shows positive signs, other assets are also on par: Litecoin is up 5.14% to $87.94. TRON moves up 1.49% to trade around $0.07.

Meanwhile, UNICORN Token USD closed at $6.43 (down 2.98%).

FTX reached a significant high of $41.46 around 11 months ago but has lost 97% since then. With an average daily volume of 19.60 million.