FTX Token (FTT) Down 0% Monday: What's Next?

Monday, September 19, 2022 10:47 AM | InvestorsObserver Analysts

FTX Token (FTT) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the Derivatives has fallen 0.39% to $24.16.

InvestorsObserver is giving FTX Token a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on FTX Token!

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Low Volatility

InvestorsObserver gives FTX Token a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. FTT's low volatility reading is coupled 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 in a good position going forward. With support set at $23.43 and resistance near $24.67. This leaves FTX Token with room to run before facing selling pressures.