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SatochiTrader
Oct 5, 2023 3:36 PM

Satochi -- IS THERE A HUGE INCREASE COMING ON FTT? Long

FTX Token / TetherUSBinance

Description

Thank you for reading our update. Please keep in mind that this is not trading advice.

There is still a 400M market cap + max supply and it's not possible to mint more coins.

Will we witness a similar impact on Luna's price, like the one it experienced when it increased to $7 after the huge fall? What could be the reason behind the data showing buy orders at $11 USD on FTT? Typically, it seems unlikely that Luna has a chance of rebounding to $11 after such a significant decline, especially given the current trends in this risky coin, FTT.

Data and technical analysis (TA) play a crucial role in trading, sometimes offering insights into patterns. Is there a substantial price increase anticipated in the upcoming days for FTT?

We will closely monitor FTT to see if it can achieve a price increase.

Comment

order book
$2.20 - High orders
$11 - still orders on the order book.
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