FTT, which has been on the rise with the re-launch of FTX, has experienced a 100 percent increase in the last two weeks.
FTX, which is preparing to re-open internationally, continues to shake the agenda. New managers have been appointed to head the popular crypto exchange FTX, which declared bankruptcy in November 2022. The executive staff stated that the stock market will be operational soon and they have accelerated their work on this issue. Accelerating upwards with these events, FTT rose from $ 0.78 to $ 1.57, showing an increase of more than 100 percent.
Where Is FTX Token (FTT) Price Heading?
FTT, which has been in an uptrend since $0.78, has risen to $1.58. Traded at $1,436 as of the writing of the news, FTT can target $1.57 – $1.65 and $1.80, respectively, if it can sustain above $1.44. The price movements of FTT, which is backed by the FTX wind, are closely followed by most investors.
If FTX, which is on its way to being active again, is met with negative results, this situation may be directly reflected in the FTT price and cause large sales. The support points that can be followed for FTT are 1.33 – 1.20 – 1.04 – $0.93 and $0.76, respectively.
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