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

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

Other markets are also showing gains as UNICORN Token USD gained 5.83% and is currently trading at $4.29. Having closed the previous session at $8.44, Cosmos USD is up 3.78% today to currently trade at around $8.76.

Meanwhile, Binance Coin is trading around $230.06 (down $5.21).

FTX Token reached a significant high of $31.51 around 10 months ago but has lost 96.05% since then. With an average daily volume of 19.60 million.