FTX Token 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. FTX 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.

FTX shows positive signs, other assets are also on par: TRON rises 1.02% to trade around $0.076. Polkadot ascends 1.68% to trade around $5.33. Having closed the previous session at $6.37, UNICORN Token USD is up 1.62% today to currently trade at around $6.47.

Having set a significant high of $41.46 11 months ago, FTX is trading 97% lower. With an average daily volume of 19.60 million.