FTX Token Came Into Today Down -0.54%

The Hourly View for FTX Token

  • Currently, FTT’s price is down $-0.32 (-0.52%) from the hour prior.
  • FTX Token has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears.
  • Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
  • Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, so that price is now turning below it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

FTX Token’s hourly price chart is shown below.

FTT

The Daily View for FTX Token

  • Currently, FTT’s price is down $-0.33 (-0.54%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe.
  • Of note is that the 50 day changed directions on FTT; it is now pointing down. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of FTX Token.

FTT

The Latest From FTT’s Blockchain

  • FTT has a count of active addresses of 612, up 51.49% from its value day prior.
  • Over the past 29 weeks, the trend for FTT’s daily large transaction count has been choppy and unclear. It has oscillated between 0 and 500.
  • For FTT, its daily transaction count is now at 973.