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FTX Token (FTT) has a Neutral Sentiment Score, is Rising, and Underperforming the Crypto Market Saturday: What's Next?

Saturday, August 06, 2022 02:55 PM | InvestorsObserver Analysts
FTX Token (FTT) has a Neutral Sentiment Score, is Rising, and Underperforming the Crypto Market Saturday: What's Next?

FTX Token (FTT) gets a neutral rating from InvestorsObserver Saturday. The Derivatives asset is up 2.46% to $30.87 while the broader crypto market is up 7.3%.

Sentiment Score - ,
FTX Token has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on FTX Token!

Neutral

Over the last five days, FTX Token has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of FTX Token over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

FTX Token is currently trading near its midpoint for the past five-days. The Derivatives asset is 2.32% off its five-day high and is 7.27% higher than its five-day low of $28.78.

FTX Token price is trading near resistance. With support set around $29.24 and resistance at $30.89, could face selling pressures soon.

FTX Token has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on FTX Token

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