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  <h3 class="wp-block-heading the-subtitle" id="story-highlights">Story Highlights</h3>  
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   <li>FTX reveals its $8 billion repayment plan, to begin in March 2025.&nbsp;</li>  
   <li>The FTT price soars 30% in 24 hours with a 284% jump in trading volume.</li>  
   <li>Technical sentiments record increased positive action, hinting at retesting a higher price target.</li> 
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  <p>With the announcement of the FTX’s repayment plan, this failed crypto exchange’s native token “FTT” price has experienced a strong bullish recovery, with it on the verge of achieving a new 52-week high in the upcoming time.</p>  
  <p>Amid current market sentiments, is FTX a good buy for this crypto bull run? In this article, CoinPedia’s expert panel has uncovered the possible short-term price analysis of the FTX token.</p>  
  <h2 class="wp-block-heading" id="h-ftt-price-records-bullish-reversal">FTT Price Records Bullish Reversal!</h2>  
  <p>With a constant rise in the cryptocurrency market, the FTX coin is on the path to achieving a new 52-week high. This indicates a strong comeback for the altcoin this year. Notably, it has surged ~125% from its July low.</p>  
  <figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/11/22175144/FTX-Price-Analysis-22nd-November-2024-1024x539.webp" alt="FTX Token Price Analysis 22nd November 2024" class="wp-image-383735">
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    TradingView: FTX/USDT
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  <p>The Simple Moving Average (SMA) constantly acts as a support to the FTT price chart in the daily time frame. This suggests a bullish outlook for the altcoin in the upcoming time.</p>  
  <p>Further, the Relative Strength Index (RSI) is headed toward its overbought range, with its average trendline recording a positive action. This highlights that the FTX token may continue gaining value this week.</p>  
  <h2 class="wp-block-heading" id="h-will-ftt-price-hit-5-this-year">Will FTT Price Hit $5 This Year?</h2>  
  <p>If the FTX price breaches its resistance level of $2.65, the bulls will maintain their bullish sentiment and prepare to test its upper resistance level of $3.25. Maintaining the price at that level will set the stage for it to head toward its upper price target of $4.</p>  
  <p>On the contrary, if a trend reversal occurs, the FTT coin price will retest its support trendline of $2. Furthermore, if the bulls fail to regain momentum at that point, this could result in this altcoin retesting its lower support level of $1.60.</p>  
  <p>Curious about the long-term projections of this altcoin? Read CoinPedia’s <a href="https://coinpedia.org/price-prediction/ftx-ftt-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">FTX Price Prediction</a> and also subscribe to us to get your hands on the latest crypto news first!</p>  
  <h2 class="wp-block-heading" id="h-faqs">FAQs</h2>  
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   <div class="schema-faq-section" id="faq-question-1732277915773"><strong class="schema-faq-question"><strong>What is the price prediction for the FTT FTX?</strong></strong>
    <p class="schema-faq-answer">If the bullish sentiment sustains, this altcoin could reach a high of $3.50 this year.</p>
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   <div class="schema-faq-section" id="faq-question-1732277916479"><strong class="schema-faq-question"><strong>Will the FTT token recover?</strong></strong>
    <p class="schema-faq-answer">With its latest repayment plan, this failed exchange is prepared to make a strong comeback.</p>
   </div>
   <div class="schema-faq-section" id="faq-question-1732277917031"><strong class="schema-faq-question"><strong>Will the FTX token go up?</strong></strong>
    <p class="schema-faq-answer">The FTT price may reach a high of $14 by 2030, making it a return of 445.6%.</p>
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FTX Price Analysis: FTT Price To Hit $5 With Creditor Repayment Plan?

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