Crypto

Bullish Pattern in FTT Token: Double Bottom Breakout Coming?


FTT is trading around $0.83, reflecting a modest 0.13% gain in the last 24 hours. After bottoming near $0.70 in late June, the token is stabilizing amid continued developments around FTX’s bankruptcy process.

In this article, we will look at FTT crypto token next target along with technical analysis and latest news.

FTT Crypto Next Target

  • Current Price: $0.8312
  • 24h Price Change: +0.13%
  • 24h Range: $0.8287 – $0.8523
  • Market Cap: ~$277 million
  • 24h Trading Volume: ~$14 million
  • Circulating Supply: ~329 million FTT
FTT Crypto Next TargetFTT Crypto Next Target

The price is forming a double bottom. Here, we can expect a potential bullish rally.

Key Technical Indicators

  • RSI (14): ~48 – Neutral
  • MACD: Flattening, showing early signs of recovery
  • Support Levels: $0.80, $0.75
  • Resistance Levels: $0.85, then $0.90–$1.00
  • Trend: Consolidating after June’s decline; holding steady

Latest FTT News & Developments

  • Bankruptcy Progress:
    Positive signals around FTX’s restructuring are supporting token stability.
  • Volatility Decline:
    Price has steadied above $0.80, with trading volume returning to moderate levels.
  • Forecast Models:
    Short-term projections target a range of $0.79–$0.89, with upside potential if legal clarity improves.

👉 Short-Term Outlook: Neutral to Bullish
📉 Risk Level: High – legal uncertainty persists

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Harsh PanghalHarsh Panghal

Harsh Panghal

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