Worth exercise within the FTX market has slipped decrease to $1.8165 from $1.9812. Nevertheless, from buying and selling indicators, this would possibly simply be a minor downward retracement and the worth might recuperate towards the $2.00.
FTX’s Forecast Statistics Knowledge
FTT worth: is $1.8165
FTT market capitalization: $554 million
FTX circulating provide: 338.90 million
FTX Whole provide: 338.90 million
FTT Coinmarketcap rating: #209
Necessary Worth Marks:
Resistance Marks: $1.8165, $1.8190 $1.8220
Help Marks: $1.8145 $1.8125, $1.8100
FTX Worth Prediction Immediately, November 17, 2022: FTT/USD Seems Weak
FTT/USD dips downwards from close to the $2.00 worth stage. That is occurring when hopes of breaking the resistance $2.00 appear extra possible. Worth motion stays approach beneath the MA traces, with the final worth candle pulling the decrease. Moreover, the Stochastic indicator traces appear to be sticking to their upside bearing following a bullish crossover within the oversold. Nevertheless, the RSI traces are nonetheless very shut to one another, and they’re nonetheless deep within the oversold. Consequently, this portrays that the development continues to be weak.
FTX Worth Prediction Immediately, November 16, 2022: FTT/USD Market Is Undecided
Right here on the 4 hours FTT/USD market we understand that this market appears to be largely consolidating. The most recent worth candle appeared within the favor of the consumers, and it someway aligned worth to be roughly on the similar stage because the MA line. Nevertheless, opposite to what the final worth candle implies is the habits of the Stochastic RSI. The road of this indicator seems to be slipping down towards the 75 stage. Consequently, this portrays a downtrend. However it is very important word that since RSI continues to be above the 75 stage, and FTX worth might quickly recuperate and transfer in direction of and above $2.00.
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