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    5 Best New BSC Cryptocurrencies To Invest In 2023

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    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

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    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

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    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

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    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

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    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

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  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

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    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

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    Gala Games 2023 Roadmap – Play to Earn

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Can FTX Token Outperform BNB Coin? Bullish Divergence Patterns on HTF Hint Rise In Demand

2021-10-29
in Altcoins
0
FTX Exchange Announces Support For these Solana NFTs
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FTT, the native token of the FTX crypto trade is seeing a steady rise in demand in opposition to the Dollar and restoration from a decline in opposition to Bitcoin BTC. On this publish, we analyze the FTT paired in opposition to the primary crypto-asset Bitcoin, and the USDT.

We’ll determine the numerous help, resistance ranges and determine chart patterns that recommend development reversal and continuation on each the FTTBTC and FTTUSDT.

Let’s dive into it.

FTT Worth Evaluation: FTTBTC Day by day Chart

The FTTBTC chart above exhibits a 50% worth hunch following a bull-trap candlestick sample on 09 September ’21. Bearish momentum discovered a worth ground at 0.000814 following a daily bullish divergence sample on 19 October ’21 with RSI values piercing above level-75 for the primary time because the worth hunch.

We anticipate a bullish marketing campaign to kick-off from right here contemplating that the weekly timeframe of the FTTBTC additionally maintains a robust bullish outlook with the RSI printing greater figures above level-25 since 11 January ’21.

FTT Worth Evaluation: FTTUSDT Weekly Chart

A current hidden bullish divergence on the weekly timeframe of the FTTUSDT confirms a worth ground for the FTT token at $48.016 because the relative energy index prints greater values above level-25 and units a brand new ATH at $85.00.

We anticipate the bullish marketing campaign to persist so long as the FTT worth trades above the $43.064 help and a projected 2021 all-time excessive above the $85.00 mark.

FTT Worth Evaluation: FTTUSDT Day by day Chart

A view from the each day timeframe exhibits the weekly timeframe worth ground of $48.016, this time confirmed by a daily bullish divergence sample on 28 September ’21.

Such confluence of patterns on the weekly and each day timeframe additional reinforces the choice to renew the uptrend.

Moreover, hidden bullish divergence is flagged at press time and we’re set to witness an upward and parabolic wave of the FTX native cryptocurrency.

We now, discover that the RSI is printing greater readings above level-25. Let’s transfer to the 4HR timeframe to seize the worth pull-back ranges.

FTT Worth Evaluation: FTTUSDT 4 Hr Chart

The entry and exit of oversold territory [level-25] on the intraday 4HR chart above, confirms the worth backside and uptrend noticed on the each day timeframe. We anticipate a rise in demand from this level because the FTT token worth surge towards the $69.744 mark.



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