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Cryptopolitan 2021-09-07 23:25:49

FTX Token price analysis: FTT skyrockets to $83, will the bulls retain momentum?

TL;DR Breakdown FTX Token price analysis shows FTT at an all-time high of $74.strong support present at $60.92 level.FTT retraces after swinging as high as $83. The FTX Token price analysis shows FTT is at an all-time high. At the time of writing, the FTT/USD price is $74.06, while the price swung as high as $83 today. FTT Gained a value of six percent in the last 24 hours, while an increase of 51 percent has been observed during the past week. Today the FTT/USD pair is trading between $73.1-$74.89. The intraday traders have to be careful enough as FTT is retracing after touching the new record high. Though most altcoins gained value in the last week, many are on the lose today, whereas FTT is among the several retainers. FTT being the utility token of the FTX cryptocurrency exchange, gained a new high after the news of new acquisitions of assets by FTX surfaced, which triggered the bullish momentum to take the price higher. FTT/USD 1-day price chart: FTT bulls trigger upswing to gain six percent value The 1-day FTX Token price analysis reveals Bullish momentum. Support present at $62 seems strong. During the last few days, some bearish activity has also been observed, but the bulls seem to overcome every bearish attempt. Yesterday FTT swiftly crossed the psychological mark of $63 and gained a new record all-time high. FTT/USD 1-day price chart. Source: Tradingview The FTX Token price analysis is showing the volatility is inc...

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