FTX Token (FTT) has been relatively less volatile compared to the crypto market. So far Thursday, the Derivatives has fallen 2.65% to $29.12.
InvestorsObserver is giving FTX Token a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on FTX Token!
Low Volatility
InvestorsObserver gives FTX Token a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. FTT's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
FTX Token price is trading near resistance. With support around $28.11 and resistance set at $29.3. This leaves FTX Token with potential selling pressures ahead as it may be getting over extended.