Peter Zhang
Jul 26, 2025 07:43
FTT value surges to $0.96 with bullish MACD indicators and RSI in impartial territory, suggesting potential upward momentum regardless of buying and selling beneath key transferring averages.
Fast Take
• FTT presently buying and selling at $0.96 (+3.62% in 24h)
• FTX Token’s MACD histogram reveals bullish momentum constructing
• No important information catalysts in previous week, value motion pushed by technical elements
What’s Driving FTX Token Worth At present?
The FTT value motion over the previous 24 hours seems to be primarily technical in nature, with no main information occasions reported within the final seven days. The three.62% acquire brings FTX Token nearer to its 7-day easy transferring common of $1.01, suggesting merchants could also be positioning for a possible break above this near-term resistance degree.
Buying and selling quantity on the FTT/USDT pair reached $974,903 on Binance spot market, indicating average curiosity from merchants. The value motion has established a transparent each day vary between $0.91 and $0.98, with the present degree sitting close to the higher finish of this vary.
FTX Token Technical Evaluation: Bullish Indicators Emerge
The FTX Token technical evaluation reveals a number of encouraging indicators for bulls. Most notably, FTX Token’s MACD histogram has turned optimistic at 0.0014, signaling that bullish momentum is starting to construct. The MACD line itself sits at 0.0353, above its sign line at 0.0339, confirming this upward momentum shift.
FTT RSI presently reads 54.42, putting it in impartial territory with room to maneuver larger earlier than reaching overbought situations. This means FTX Token has further upside potential with out fast concern of a momentum reversal.
The transferring common construction presents a combined image. Whereas FTT value trades above each the 20-day SMA ($0.93) and 50-day SMA ($0.88), it stays considerably beneath the 200-day SMA at $1.32. The 12-period EMA at $0.97 sits simply above present ranges, probably performing as fast resistance.
FTX Token’s Bollinger Bands present the value positioned at 0.5877 inside the bands, indicating impartial positioning with the potential for growth in both course. The bands span from $0.75 to $1.11, offering clear boundaries for the present buying and selling vary.
FTX Token Worth Ranges: Key Assist and Resistance
Based mostly on Binance spot market information, FTX Token assist ranges are clearly outlined. The fast assist sits at $0.79, which aligns carefully with the current 52-week low of $0.72. Ought to this degree fail, FTX Token sturdy assist emerges at $0.70, representing a essential space for bulls to defend.
On the upside, FTT resistance seems concentrated across the $1.30 degree, which serves as each fast and robust resistance in keeping with technical evaluation. This degree coincides roughly with the 200-day transferring common, making it a major psychological and technical barrier.
The present pivot level at $0.95 sits slightly below the current FTT value, suggesting the token has efficiently reclaimed this degree and will use it as assist for additional development.
Ought to You Purchase FTT Now? Threat-Reward Evaluation
For swing merchants, the present setup presents an fascinating alternative. With FTT value exhibiting bullish MACD momentum and impartial RSI readings, there’s potential for motion towards the $1.30 resistance degree. This is able to characterize roughly 35% upside from present ranges.
Conservative merchants would possibly look forward to a transparent break above the 7-day SMA at $1.01 earlier than establishing positions, as this might affirm the bullish momentum recommended by the MACD indicators. Cease-loss ranges could possibly be positioned beneath the fast assist at $0.79.
Day merchants ought to monitor the FTT/USDT pair carefully across the $0.97 EMA degree, as a break above this might set off short-term momentum towards $1.01. The each day ATR of $0.08 suggests affordable volatility for intraday alternatives.
Threat-averse traders ought to notice that FTX Token stays nicely beneath its 52-week excessive of $3.87, and the broader technical image reveals the token remains to be in a restoration part slightly than a confirmed uptrend.
Conclusion
FTX Token’s present value motion suggests constructing momentum, with bullish MACD indicators and impartial RSI offering a basis for potential upward motion. The important thing degree to look at over the following 24-48 hours is the break above $1.01, which might open the trail towards the numerous $1.30 resistance zone. Merchants ought to stay cautious of the fast assist at $0.79, as a break beneath this degree might sign a return to current lows.
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