Token

bullish

FTX Token

Resistance

<p>The altcoin market has displayed a significant uptrend this week. Following this, the FTX price experienced a jump of ~10% in 24 hours with a trading volume of $86.913 million.</p>   
<p>With a strong bullish breakout, will the FTT crypto price record a new 52-week this month? In this article, we have covered the short-term price prospects of the FTX token.</p>   
<h2 class="wp-block-heading" id="h-ftt-price-retests-its-important-resistance-level">FTT Price Retests Its Important Resistance Level!</h2>   
<p>Amid the ongoing bullish sentiment, the FTT price has soared over 20% in seven days. Furthermore, with a monthly return of ~60%, this altcoin has secured the 105th position with a market cap of $1.078 billion.</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/12/11190429/FTX-Token-Price-Analysis-11th-December-2024-1024x542.webp" alt="FTX Price Retests Its Important Resistance Level!" class="wp-image-391961">
 <figcaption class="wp-element-caption">
  TradingView: FTT/USDT
 </figcaption>
</figure>   
<p>The EMA 50/200-day displays a Golden Cross in the FTT price chart. This suggests a strong buying-over-selling pressure for the altcoin in the cryptocurrency space.</p>   
<p>The Relative Strength Index (RSI) records a sharp rise toward the overbought range in the 1D time frame. Moreover, its average trendline is on the verge of displaying a bullish convergence, highlighting a bullish outlook.</p>   
<h2 class="wp-block-heading" id="h-will-ftt-price-rise-back-again">Will FTT Price Rise Back Again?</h2>   
<p>If the bullish sentiment intensifies, this could result in the FTX price retesting its resistance level of $3.4650. Maintaining the price above that level could set the stage for this altcoin to head toward its upper resistance trendline of $4.1625.</p>   
<p>Conversely, if a bearish trend reversal occurs, the FTT token could drop to its support at $2.8360. If the bears gain dominance, this could result in it brushing its low of $2.20.</p>   
<p>Curious to find out answers to questions like Will FTX token reach $5? Read CoinPedia’s <a href="https://coinpedia.org/price-prediction/ftx-ftt-price-prediction/" target="_blank" rel="noreferrer noopener">FTX Token Price Prediction</a>.</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1733923931822">
  <strong class="schema-faq-question"><strong>What is the max supply of FTT token?</strong></strong> 
  <p class="schema-faq-answer">The circulating supply of FTX tokens is 328.89 million FTT tokens.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733923932708">
  <strong class="schema-faq-question"><strong>How much is FTX worth?</strong></strong> 
  <p class="schema-faq-answer">With a 24-hour surge of 8.78%, this altcoin is currently valued at $3.32 with a trading volume of $86.48 million.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733923933530">
  <strong class="schema-faq-question"><strong>What is the all-time high for FTT coin?</strong></strong> 
  <p class="schema-faq-answer">The ATH of the FTX token is $85.02 and was recorded on 09th September 2021.</p> 
 </div> 
</div>

FTX Token To Hit New 52-week High With A 20% Rally?

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