Join Our Telegram channel to stay up to date on breaking news coverage
The FTX token price soared 19% in the last 24 hours to trade at $5.95 as of 10:49 p.m. EST, while trading volume skyrocketed 201% to $482 million.
FTT has shown strong performance in the past 7 days, with a price surge of 7.90%.
FTX Token Price Poised for Further Gains
The FTX Token price has solidified a robust support level at $1.05, followed by an upward surge that led to a new peak at $6.02.
However, this peak seems to be strong, initiating a resistance point and triggering a corrective phase, causing the price to retreat to the $3.15 support, empowering bulls to regroup and lay a sturdy foundation for potential future gains.
The Relative Strength Index (RSI) indicates a downward trend with a minor rebound, yet it remains bullish at 61.
FTX Token Price: Intense Buying Pressure
However, it remains bullish, indicating intense buying pressure. If the bullish momentum sustains, the RSI could enter overbought territory, further supporting the case for an upward price movement above the $6.02 resistance.
The FTX Token price is in the process of reclaiming its former resistance at $6.02. If the bullish sentiment persists, there is potential for the price to surpass this level, ultimately aiming for $7.90.
In an attempt to correct the price, bears may seek to push it back to the $3.15 support.
FTX Token Price: Breach Of Support
A breach of this support level could prompt bulls to look for additional support around $2.10, aligning with the 50-day Simple Moving Average (SMA).
Alternative investment opportunities such as TG.Casino present a good option for investors seeking to diversify with coins that have good upside potential.
TG.Casino Poised to Explode as It Raises $3.7 Million
The TG.Casino (TGC) presale has achieved remarkable success, securing over $3.7 million in funding in just under ten weeks, and is rapidly approaching its $5 million goal.
We passed $3.7 million earlier today! $TGC is going absolutely ballistic🎰 pic.twitter.com/xxLtQyHdsI
— TG Casino (@TGCasino_) December 9, 2023
TG.Casino operates as a Telegram-based casino that provides a hassle-free gaming experience without the tiresome Know Your Customer (KYC) process typically associated with gambling platforms.
All that’s required is a Telegram account, enabling users to enjoy a wide array of casino games using popular cryptocurrencies like BTC, ETH, or TGC.
Wagering with TGC tokens also comes with perks, including free rewards, a 25% cashback on any losses, and exclusive access to games and rooms.
Playing with $TGC provides so many benefits but our cashback when playing is the best one by far🤩 pic.twitter.com/Wmywl30K1F
— TG Casino (@TGCasino_) November 26, 2023
According to statistics shared on the project’s official account, the casino has already witnessed an impressive $38 million in wagers, with total deposits amounting to $3.7 million.
Currently, there are more than 2,450 active players participating in the casino, all of which have been achieved during the presale phase. Just imagine the potential once it officially launches.
https://twitter.com/TGCasino_/status/1732542551624646960?s=20
Buying and Staking TGC
You can participate in TG.Casino by purchasing tokens during the presale and staking them. Currently, 1 TGC token is available at a discounted rate of $0.18, with staking giving an annual percentage yield (APY) of 164%.
It’s important to note that as the presale progresses, the token price will increase while the APY decreases.
Renowned YouTuber and crypto trader Michael Wrubel, boasting over 310,000 subscribers, recently disclosed his $1000 investment in TGC, offering insights into the project’s potential for a 10x return after its official launch.
To invest in TGC, you can visit the official TG.Casino website.
Related News
- NFT Sales Surge Over $300M In The Past Week – Is The NFT Summer Finally Here?
- Tether Freezes Wallets
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage