The coming days will be very interesting for FTX Taken (FTT) holders, where FTX Digital Markets announced that it will display its creditors. On February 4, 2025, the FTX creditors shared a publication on X (previously on Twitter) stating that FTX will soon do its circular, which appears to be a great relief for those who lost their origins in November 2022.
Traders and investors are getting more interested in FTT
After this update on X, investors and merchants showed strong interest and confidence in the FTT code, as it appears in Coinmarketcap. The distinctive symbol is currently being traded near two dollars, and has witnessed a price increase of more than 4.5 % during the past 24 hours. This increase in prices occurred after the announcement of the payment of creditors.
In addition, during the same period, the trading volume showed an impressive recovery, due to the remarkable participation of merchants and investors.
At a value of $ 2.05 million of the external flow
Data from the analysis company on the series Coinglass It revealed that the long -term holders and investors have begun to accumulate the distinctive symbol. Immediate flow/flow data showed that exchanges have witnessed an external flow worth $ 2.05 million of FTT distinctive symbols in the past 48 hours, indicating a possible accumulation.
This huge external flow of stock exchanges in such a situation indicates that there is an ideal purchase opportunity and has the ability to cause purchase pressure and further bullish direction.
Take ftt price actions and key levels
According to recent price procedures, FTT was traded in the Tawhid area ranging from $ 1.84 and $ 2.30 for more than two weeks and is currently at the lower border of the region.
Based on the historical price momentum, if the distinctive symbol exceeds $ 1.83, there is a strong possibility that FTT can increase by 100 % to reach a level of $ 3.90 in the future. However, before you can reach this level and gather to this level, there is resistance at 2.30 dollars and $ 2.75, which may represent an obstacle to achieving the expected goal.
Nowadays, the morale of the total cryptocurrency market appears to be recovering, and this last update may benefit from the distinguished symbol of FTT.
