FTT Token (FTT) does not stop: FTX Rumors Blown Away!

With the re-launch of the cryptocurrency exchange #FTX , the news flow adds value to FTT Token (FTT) day by day.

#FTT , which started its upward trend with the relaunch of FTX 2.0, has wreaked havoc on the market with its increase in the last 24 hours. The stock exchange token, which increased by 28.90 percent with #BTC exceeding $ 41,500, seems to be on its way to its peak price recently. Approaching an important resistance level again, can FTT break this level and trigger new rises? How are things on the technical side?

Exploding from $4.19 to $5.40 in a very short time, #FTT showed a performance of nearly 30 percent in total. FTX's native token, which is traded at $ 5.19 as of the writing of the news, will want to try higher levels in case of good news from the stock market or if BTC advances to $ 42,500. In such a scenario, it can target $5.53 – $5.96 – $6.23 and $6.48 respectively.

Factors such as the release of negative news about FTX or #BTC retreating to $40,000 will cause an increase in sell-side transactions. In such a case, the levels where relaxation can be expected are 4.88 – 4.76 – 4.49 – 4.2395, 4.0036 – 3.6833 – 3.996 and 3.1543 dollars, respectively. In particular, maintaining $4.76 as support will be decisive in the short-medium term price structure.
$BTC $FTT