đ FTT/USDT Chart Analysis & Price Prediction đ
đ„ Current Momentum
FTT/USDT is on a strong uptrend, trading at $2.0964, with a +15.68% increase over the last 24 hours. The price reached a high of $2.33, showing solid buying activity and interest in the asset.
đ Bollinger Bands Analysis
The price is moving close to the upper Bollinger Band, which is currently at $2.1837, suggesting potential for further gains. The bands are widening, signaling growing volatility and likely continuation of the bullish trend.
đč RSI Indicator
The RSI(6) at 60.7685 shows the pair is in healthy bullish territory but not yet overbought, indicating room for further upside. RSI(12) and RSI(24) are at 56.4461 and 51.5032, respectively, confirming growing strength across multiple timeframes, though the market is still in a stable, upward-moving phase.
đ Key Support & Resistance
âą Resistance: The next major resistance is at $2.6821, which could be tested if the current bullish momentum continues.
âą Support: On the downside, the nearest support lies around $1.9659. This level could provide a solid base if the market experiences a temporary pullback.
đ Docâs Prediction
Given the bullish indicators and the expanding Bollinger Bands, FTT/USDT has the potential to test $2.68 in the short term. With the RSI showing strength but not yet overbought, the rally could extend further if buyers continue to drive momentum.
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