Coinpedia-Market-Insight

Is FTX Ready For An Exponential Jump?

Long
CRYPTO:FTTUSD   FTX Token
FTT price action indicates a bullish reversal.
The FTX token is gaining breakout momentum.
If FTT surpasses $1.25, it could reach $1.76.
In 2023, FTT price has been moving sideways.
Each uptrend starts with a trendline breakout.
Three significant price jumps for FTT in 2023.
Recent trendline breakout struggled at the $1 level.
25% price jump in the last 5 days, surpassing the 50-day EMA.
Potential to reach the $2 mark.
MACD shows a bullish rally with a positive crossover.
RSI indicates strong bullishness.
A drop below $1.25 could lead to a downtrend to $1.

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