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- 1 FTT Token crypto price slipped 0.07% in the past 24 hours and was at $4.995 at press time.
- 2 The daily FTT/USD chart witnesses the formation of an ascending triangle pattern.
- 3 Currently, the price has reached a make or break level and is expected to break out soon.
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FTT Token Technical Analysis
The daily FTT/USD chart shows the price taking support multiple times from an inclining trendline support. The price made multiple attempts to break above the $5.6 level.
The bulls are trying to push the support areas higher whereas the bears are holding on to the $5.610 mark, forming an ascending triangle pattern. Moreover, the price reached a deciding level from which it might show a directional movement on either side.
The breakout may trigger a short covering among the sellers and the price may show a bullish rally to reach the upper supply levels. The breakdown below the trendline support may lead to a long unwinding and the price may drop to lower levels.
FTT Token Price Prediction 2023
The price prediction for 2023 is a neutral to bullish outlook, indicating an upside potential of nearly 25.36%. On the most optimistic note, the price may reach a high of $6.320 by year-end. Moreover, analysts expect the price to drop, if it drops, to as low as $3.562.
FTT Token Price Prediction 2024
As per analysts, the most optimistic target that the FTT Token price may achieve is $10.609; indicating an upside potential of 112.25% from the CMP. The average analyst price target to be attained is $7.804 by the end of 2024. However, the pessimistic view points to $6.712.
FTT Token Price Prediction 2025
According to the most optimistic analysts’ projections, the FTT price can go as high as $21.46 in the next three years. The price may surpass $15.866 according to the average forecast of analysts. The minimum forecasted price by the end of 2025 is $11.344.
FTT Token Price Prediction 2026
If the crypto market favors a bullish scenario, the FTT price could soar to $32.01 at its highest level. On the flip side, the most pessimistic view of the analysts suggests the price could go as low as $20.820 by 2026.
FTT Token Price Prediction 2027
The most bullish analysts foresee a potential value of $44.581 by 2027. The minimum price target that the FTT crypto may achieve by 2027 is $32.71.
FTT Token Price Prediction 2028
The price forecast of FTT Token crypto shows that it may reach a high of $64.96 by 2028 if positive conditions prevail in the crypto market. By 2028, the analysts’ negative forecast for FTT is $47.34.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
