FTX Token (FTT) Up 5.22% Saturday: What's Next?

Saturday, July 30, 2022 01:32 PM | InvestorsObserver Analysts

FTX Token (FTT) has been relatively less volatile compared to the crypto market. So far Saturday, the Derivatives has added 5.22% to $32.

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!

See Full Report

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 analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. 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 above resistance. With support around $29.71 and resistance set at $31.33. This positions FTX Token out of range and potentially in a volatile position if the rally burns out.