{"id":5046,"date":"2022-07-18T21:09:29","date_gmt":"2022-07-18T21:09:29","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/07\/18\/is-the-ftt-token-a-buy-after-rising-past-a-resistance-zone\/"},"modified":"2022-07-18T21:09:29","modified_gmt":"2022-07-18T21:09:29","slug":"is-the-ftt-token-a-buy-after-rising-past-a-resistance-zone","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/07\/18\/is-the-ftt-token-a-buy-after-rising-past-a-resistance-zone\/","title":{"rendered":"Is the FTT token a buy after rising past a resistance zone?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<ul>\n<li>\n<p dir=\"ltr\">FTX crypto change has remained extremely steady in the wake of a market crash<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">FTX\u2019s native token FTT is bullish, including greater than 16% in a week<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">FTT has damaged a key resistance, and consumers might be making ready so as to add positions<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">FTX crypto change\u2019s token FTT\/USD is bullish. The token was up by 4.43% in the final 24 hours, taking whole good points in the week to 16.41%. Investors ought to take observe that the token has blasted a key resistance and is aiming greater.<\/p>\n<p dir=\"ltr\">As most cryptocurrencies stumbled just lately, fears unfold throughout the sector. Some crypto exchanges, starring a doable liquidity disaster, introduced cost-cutting measures. That noticed exchanges comparable to Crypto.com announce a discount of workers to remain liquid.<\/p>\n<p dir=\"ltr\">However, FTX crypto change liquidity remained intact. Its founder, Sam Bankman-Fried, even hinted at bailing out struggling crypto companies. It reassured buyers that FTX remained steady. This might have ignited curiosity in its crypto token FTT.\u00a0<\/p>\n<h2><strong>FTT embarks on a bullish breakout as worth turns bullish<\/strong><\/h2>\n<p dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/06\/18\/1658178379244-df3864c8-8ab3-4f40-8733-3ff35f35b305.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\"\/><\/p>\n<p dir=\"ltr\">Source -TradingView<\/p>\n<p dir=\"ltr\">Technically, the FTT token has breached a key resistance at $28. The breakout occurred after the cryptocurrency remained bullish for the past week. We now want to attend for the closure of the every day candlestick to verify a bullish transfer. If the candlestick collapses under the $28 degree, the worth might slide. However, the crypto sentiment stays robust, and FTT might already be embarking on a bullish push.<\/p>\n<p dir=\"ltr\">\u00a0Investors can buy FTT after the affirmation of the bullish momentum. The subsequent key degree to look at can be $32.5.<\/p>\n<h3><strong>Concluding ideas<\/strong><\/h3>\n<p dir=\"ltr\">FTT is bullish as crypto sentiment improves. The crypto is backed by Sam Bankman-Fried\u2019s FTX Exchange. FTX has been robust in the wake of a crypto crash. FTT will proceed rising if a clear breakout above the $28 resistance happens.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/is-the-ftt-token-a-buy-after-rising-past-a-resistance-zone\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] FTX crypto change has remained extremely steady in the wake of a market crash FTX\u2019s native token FTT is bullish, including greater than 16% in a week FTT has damaged a key resistance, and consumers might be making ready so as to add positions FTX crypto change\u2019s token FTT\/USD is bullish. The token was 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