FTX Worth Prediction At the moment, November 17, 2022: FTT/USD Slips Decrease

Worth exercise within the FTX market has slipped decrease to $1.8165 from $1.9812. Nevertheless, from buying and selling indicators, this may simply be a minor downward retracement and the worth could get better towards the $2.00.

FTX’s Forecast Statistics Information
FTT value: is $1.8165
FTT market capitalization: $554 million
FTX circulating provide:  338.90 million
FTX Complete 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 At the moment, November 17, 2022: FTT/USD Seems Weak

FTT/USD  dips downwards from close to the $2.00 value degree. That is taking place when hopes of breaking the resistance $2.00 appear extra probably. Worth motion stays approach beneath the MA strains, with the final value candle pulling the decrease. Moreover, the Stochastic indicator strains appear to be sticking to their upside bearing following a bullish crossover within the oversold. Nevertheless, the RSI strains are nonetheless very shut to one another, and they’re nonetheless deep within the oversold. Consequently, this portrays that the pattern continues to be weak.

FTX Worth Prediction At the moment, 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 newest value candle appeared within the favor of the patrons, and it someway aligned value to be roughly on the similar degree because the MA line. Nevertheless, opposite to what the final value candle implies is the habits of the Stochastic RSI. The road of this indicator seems to be slipping down towards the 75 degree. Consequently, this portrays a downtrend. However you will need to observe that since RSI continues to be above the 75 degree, and FTX value could quickly get better and transfer in the direction of and above $2.00.

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