Cryptocurrency

<ul>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/ftx-token-ftt-prices-usd" title="FTT token" class="f-link" rel="noopener noreferrer nofollow">FTT token</a> formed a base around $2.30 and successfully broke through the $2.90 resistance level.</li>
 <li>FTX token exhibited a substantial jump after a brief period of sideways trading, suggesting heightened bullish activity in the market.</li>
 <li>The previous day saw FTT token breaking out of a descending triangle pattern that had persisted for one month.</li>
 <li>Recent market dynamics witnessed the bulls gaining momentum, leading to a notable over 20% surge and signaling a prevailing bullish sentiment.</li>
 <li>&nbsp;According to <a href="https://www.coingabbar.com/en/price-analysis" title="FTT Price Prediction" class="f-link" rel="noopener noreferrer nofollow">FTT Price Prediction</a>, FTT faces resistance from the 21-Day MA.&nbsp;</li>
 <li>Successful clearance From this hurdle by the bulls could potentially propel the token toward the $5-$6 range in the months ahead.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $4.00-$5.00
SUPPORT LEVEL : $2.75-$2.00
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Bullish Breakout: FTT Ready for Liftoff with Trendline Triumph

Coingabbar

Other articles published on Jan 12, 2024

Understanding Bitcoin’s Volatility: Insights from Samson Mow

Elon Musk Reveals His DOGECOIN Holdings in Recent Twitter Space

Concordium CTO foresees promise and peril in EU digital IDs

Genesis to surrender BitLicense, pay $8m fine in NYDFS lawsuit

Shiba Inu (SHIB) Price Could Double If It Breaks This Barrier

Top 5 Altcoins to Stack in This Crypto Bull Run

Join our free newsletter for daily crypto updates!