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March 22, 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.
FTX Token is likely to reverse course and start pointing downward in the short term.
FTX Token shows positive signs, other assets are also on par: Algorand USD ascends 5.14% to trade around $0.235.
At the same time, Ripple closed at $0.448 (down 4.66%). EOS is down to $1.15, losing $0.034, after closing at $1.19 in the preceding trading session.
With an average daily volume of 19.60 million.
