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FTX Token (FTT) Reviews for July 2022

FTT Reviews Leg0la$ March 29, 2022
FTX Token (FTT) broke and closed above $49 on March 24, completing an ascending triangle pattern. Although buyers pushed the price above the psychological resistance at $50 on March 25, they could not sustain the higher levels. This suggests that the bears have not yet given up and are continuing to sell at higher levels. The bears will now try to pull and sustain the price back below $49. If they manage to do that, the aggressive bulls who purchased the breakout from the triangle may get trapped. This could sink the FTT/USDT pair to the 20-day EMA of $45. If the price rebounds off this level, the buyers will again try to clear the overhead resistance zone between $49 to $52 and resume the up-move. Conversely, if the price slips below the moving averages, it will suggest that bears are attempting a strong comeback. A break and close below the uptrend line of the triangle will invalidate the bullish pattern. The pair may then decline to $39. The rally above $51 pushed the RSI deep into the overbought territory. Usually, such moves are followed by a sharp correction or consolidation. If bears pull the price below $49, the pair could decline further to the 50-SMA. If the price rebounds off this level, the buyers will again try to push the pair above $52 and resume the up-move. On the other hand, if bears pull the price below the 50-SMA, the selling could intensify and the pair may drop to $45.

FTT Reviews Vilenskaya February 15, 2022
FTX Token (FTT) has been volatile inside a broadening formation. The failure of the buyers to propel the price above the resistance line indicates that bears are selling the rallies to this level. However, a minor positive is that bulls are buying the dips in the zone between the 20-day EMA ($43.85) and the 50-day SMA ($41.50). If the price rebounds off the current level, the buyers will make one more attempt to clear the overhead hurdle. If they manage to do that, the FTT/USDT pair could start a new uptrend. The pair could then rally to $53.50 where the bears may again pose a strong challenge but if this resistance is crossed, the rally could extend to $65. This bullish view will invalidate if the price turns down and plummets below the 50-day SMA. That will indicate that the pair could extend its stay inside the broadening pattern for a few more days. The failure of the bulls to push the price above the $48 to $50 overhead resistance zone may have attracted profit-booking from short-term traders. The pair has broken below both moving averages and could drop to the 38.2% Fibonacci retracement levels at $41.99. If the price rises from the current level or $41.99, it will suggest that buyers are accumulating on dips. The bulls will then again try to push the price above the 50-SMA. If they succeed, the pair could challenge the overhead resistance. On the downside, a break and close below $41.99 could signal the start of a deeper correction to the 50% retracement level at $39.95.

* Crypto Rating accepts no liability for content of the FTX Token reviews made by the site users. The entire responsibility for the contents rests with the authors.

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# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 53.6% 94 $19 601.45 1.08% -6.16% $374 035 671 245 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 58.8% 91 $1 069.36 1.22% -6.90% $129 781 761 094 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.8% 1 $0.998838 -0.01% -0.05% $66 155 226 088 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 91.2% 1 $1.000222 0.01% 0.01% $55 814 989 943 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 59.6% 84 $222.98 5.98% -3.62% $36 406 780 076 BNB 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 90.8% 1 $1.001650 0.21% 0.09% $17 576 185 471 BUSD 7 days price change
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12 Polkadot (DOT) DOT Polkadot predictions 64.4% 72 $6.79 0.01% -14.24% $6 708 513 693 DOT 7 days price change
13 TRON (TRX) TRX TRON predictions 55.2% 91 $0.065271 2.22% 1.89% $6 037 017 196 TRX 7 days price change
14 UNUS SED LEO (LEO) LEO UNUS SED LEO predictions 74.8% 55 $6.05 2.00% 4.28% $5 770 009 473 LEO 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 64% 71 $0.000010 2.69% 0.29% $5 612 816 170 SHIB 7 days price change

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