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Market Cap:
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CoinGape
2022-01-31 19:33:03

FTX Price Analysis: Bullish RSI Divergence Signals Breakout; Can FTT Price Flip $50 Resistance?

FTX Price Analysis: Bullish RSI Divergence Signals Breakout; Can FTT Price Flip $50 Resistance?

The FTT buyers made an impressive recovery last week, reclaiming the $37.5 and 50 MA line along the way. The coin price preparing for a bullish breakout from the falling wedge pattern indicates a possible trend reversal. Key technical points: FTT price reclaim 50-day MA line The daily-RSI chart shows a bullish divergence The intraday The post FTX Price Analysis: Bullish RSI Divergence Signals Breakout; Can FTT Price Flip $50 Resistance? appeared first on CoinGape.

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