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FTX Token Price Prediction – Will FTT Price Hit $100 in 2022?

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FTX Token Price Prediction – Will FTT Price Hit $100 in 2022? thumbnail
  • Bullish FTX Token price prediction ranges from $29.58 to $83.47.
  • The FTX Token price might also reach $100 soon.
  • FTX Token’s bearish market price prediction for 2022 is $20.97.

This FTX Token (FTT) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our FTX Token (FTT) price analysis and prediction.

Over the past few days, the crypto market looks to be recovering fast. Moreover, after the dip in the past two months, the crypto market surges steadily. At present, it looks like the crypto-asset industry will surge high again. It has gained 0.4% in the past 1 year.

Will FTX Token (FTT) experience the same price volatility? We’ll find out soon in this FTX Token (FTT) price analysis 2022 article. But first, let’s have a look at what FTX Token (FTT) is.

What Is FTX Token (FTT)?

FTX Token (FTT) is the native crypto token of the digital asset derivatives trading platform FTX which is launched on May 8, 2019. Moreover, the team behind FTX consists few of the hugest crypto traders over the past few years who have found problems with most mainstream crypto futures exchanges, decided to launch their own platform.

Furthermore, FTX emphasizes the benefits of centralized collateral pools, clawback prevention, and universal stablecoin settlement as reasons for its popularity. In terms of clawback prevention, a significant amount of customer funds have been claimed by socialized losses on other derivative exchanges. This is reduced by FTX’s three-tiered liquidation model.

In existing crypto futures exchanges, collateral is fragmented among separate token wallets; this is challenging for traders as it prevents them from liquidating positions. FTX derivatives, in contrast, are stablecoin-settled and only require a single universal margin wallet.

Now that we have an idea about FTX Token, do you think FTT will be profitable crypto in 2022? Join me, and together let us check the charts in this FTT price analysis and FTT price prediction.

FTX Token (FTT) Current Market Status

When writing this FTX Token price analysis, FTT trades at $25.64 with a 24-hour trading volume of $92,665,969. The price of FTT has decreased by 5.61% in the last 24 hours.

Furthermore, FTT has a current circulating supply of 135,348,550.22 FTT. Currently, the top digital asset trading platforms for FTT are BinanceHuobi GlobalKuCoin, FTX, Gate.ioBitfinex, Bithamp, and Mandala Exchange.

Now, let’s move to the next part of this FTT technical analysis for 2022.

FTX Token (FTT) Price Analysis 2022

Recently, FTT took the 21st position on CoinGecko. But will the recent developments, upgrades, and changes in the blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this FTT price prediction article.

FTT/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for FTT/USDT, it could be seen that the present gain could continue since the last candlestick is still within the first part of the curve from the bottom. This shows that the present uptrend in the price of FTX Token will be sustained for some days before any reversal would be expected.

FTT/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of FTT/USDT 1day chart is 46.41.  This shows that FTX Token is showing a neutral trend since it is between 30 and 50. This value is triggering a bullish run already since it seems that more buyers are repositioning as the value is moving towards the 50 RSI value which is the strong trend region.

FTT/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

From the 200 days and 100 days moving averages for FTX Token (FTT), it could be seen that FTT would go bullish in the long-term since the 200-day moving average is above the 100-day moving averages. Hence, long-term investors could recover some part of their investments that had been lost in recent weeks due to crypto winter.

FTX Token (FTT) Price Prediction 2022

The chart below shows that FTT has performed great over the past few days. Moreover, the FTT price shows a bullish trend and has gained 6.4% in the past 14 days. If this trend continues, FTT might run along with the bulls, overtaking its $29.58 resistance1 level and move even higher to $83.47 resistance7 level, the bullish signal for 2022.

FTT/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

Conversely, if the investors turn against the crypto, the bears might take over and push FTT from its uptrend position. In simpler terms, the price of FTT might decrease to almost $20.97 and even lower.

Meanwhile, our long-term FTT price prediction 2022 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many previous psychological resistances.

If this bullish trend continues, FTT will reach $83.47 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $29.58. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $100 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

FTX Token (FTT) Price Prediction 2023

If FTT holds the support level around 200-MA, the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $250, making it not plummet but play consistently.

FTX Token (FTT) Price Prediction 2024

As per the latest upgrades, developments, FTT price prediction, and new project forecasts of the platform, FTT investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of FTT in the crypto market, and it will be the best investment as the price can spike and reach around $400.

FTX Token (FTT) Price Prediction 2025

In the next three years, FTT prices could race up to $800. However, reaching this level could not be so difficult for FTT as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that FTT has a high possibility of reaching a new ATH soon in the next three years as per the prediction.

FTX Token (FTT) Price Prediction 2026

The price of FTT could reach $1000 by the end of 2026 when we consider the increased adoption of crypto and exchange activities.

FTX Token (FTT) Price Prediction 2027

As per the latest upgrades, developments, FTT price prediction, and new project forecasts of the platform, FTT investors could expect many partnerships and integrations around 2027. Moreover, this might boost the price of FTT in the crypto market, and it will be the best investment as the price can spike and reach around $1500.

FTX Token (FTT) Price Prediction 2028

In the next six years, FTT prices could race up to $2000. However, reaching this level could not be so difficult for FTT as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that FTT has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

FTX Token (FTT) Price Prediction 2029

As per the latest upgrades, developments, FTT price prediction, and new project forecasts of the platform, FTT investors could expect many partnerships and integrations around 2029. Moreover, this might boost the price of FTT in the crypto market, and it will be the best investment as the price can spike and reach around $3000.

FTX Token (FTT) Price Prediction 2030

In the next eight years, FTT prices could race up to $5000. However, reaching this level could not be so difficult for FTT as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that FTT has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

FTT seems to have a great future ahead in 2022. With the ongoing developments happening within the FTT ecosystem and the overall crypto market, we may see FTT reach new heights.

Meanwhile, our long-term FTT price prediction 2022 is bullish. Even more, the bullish FTT has a high possibility of reaching $83.47. However, that will only happen if it breaks the past psychological resistance. It may even reach $100 if investors continue to side with FTT this year along with the mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is FTX Token?

FTX Token (FTT) is the native crypto token of the digital asset derivatives trading platform FTX which is launched on May 8, 2019.

How to Buy FTT Tokens?

FTX Token’s native asset FTT is a good investment in 2022. Users can obtain FTT tokens by purchasing them from cryptocurrency exchanges such as Binance, Huobi Global, Mandala Exchange, FTX, and KuCoin.

Can FTT reach $100 soon?

Yes, it’s very much possible that FTT might reach $100 in the near future as per the current bullish trend.

What will be the FTX Token price by 2022?

FTX Token (FTT) price is expected to reach $83.47 by 2022.

What will be the FTX Token price by 2023?

FTX Token (FTT) price is expected to reach $250 by 2023.

What will be the FTX Token price by 2024?

FTX Token (FTT) price is expected to reach $400 by 2024.

What will be the FTX Token price by 2025?

FTX Token (FTT) price is expected to reach $800 by 2025.

What will be the FTX Token price by 2026?

FTX Token (FTT) price is expected to reach $1000 by 2026.

What will be the FTX Token price by 2027?

FTX Token (FTT) price is expected to reach $1500 by 2027.

What will be the FTX Token price by 2028?

FTX Token (FTT) price is expected to reach $2000 by 2028.

What will be the FTX Token price by 2029?

FTX Token (FTT) price is expected to reach $3000 by 2029.

What will be the FTX Token price by 2030?

FTX Token (FTT) price is expected to reach $5000 by 2030.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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