Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Fasttoken is up 6.22% today against the US Dollar
- FTN/BTC increased by 6.69% today
- FTN/ETH increased by 6.63% today
- Fasttoken is currently trading 23.36% below our prediction on Oct 22, 2024
- Fasttoken gained 10.95% in the last month and is up 147.19% since 1 year ago
| Fasttoken price | $ 2.70 |
| Fasttoken prediction | $ 3.52 (30.14%) |
| Sentiment | Bullish |
| Fear & Greed index | 71 (Greed) |
| Key support levels | $ 2.53, $ 2.51, $ 2.50 |
| Key resistance levels | $ 2.55, $ 2.56, $ 2.57 |
FTN price is expected to rise by 30.14% in the next 5 days according to our Fasttoken price prediction
Fasttoken price today is trading at $ 2.70 after gaining 6.22% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 4.62% in the same time period. FTN performed well against BTC today and recorded a 6.69% gain against the world’s largest cryptocurrency.
According to our Fasttoken price prediction, FTN is expected to reach a price of $ 3.52 by Oct 22, 2024. This would represent a 30.14% price increase for FTN in the next 5 days.
FTN Price Prediction Chart
Buy/Sell Fasttoken
What has been going on with Fasttoken in the last 30 days
Fasttoken has been displaying a positive trend recently, as the coin gained 10.95% in the last 30-days. The medium-term trend for Fasttoken has been bullish, with FTN increasing by 16.45% in the last 3 months. The long-term picture for Fasttoken has been positive, as FTN is currently displaying a 147.19% 1-year price change. On this day last year, FTN was trading at $ 1.09.
Fasttoken reached its all-time high price on Oct 17, 2024, when the price of FTN peaked at $ 2.73. The current FTN cycle high is $ 2.70, while the cycle low is at $ 2.69. FTN has been displaying low volatility recently – the 1-month volatility of the coin is at 4.75. Fasttoken recorded 15 green days in the last 30 days.
Fasttoken technical analysis for today – Oct 18, 2024
The sentiment in the Fasttoken markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 2.53, $ 2.51 and $ 2.50, while $ 2.55, $ 2.56 and $ 2.57 are the key resistance levels.
Bullish sentiment for Fasttoken
23 indicators are currently signaling a bullish prediction for Fasttoken, while 3 indicators are showing a bearish forecast. With 88% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Fasttoken.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 71 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Fasttoken moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Fasttoken is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 2.55 (BUY) | $ 2.49 (BUY) | – | – |
| MA5 | $ 2.56 (BUY) | $ 2.48 (BUY) | – | – |
| MA10 | $ 2.57 (BUY) | $ 2.47 (BUY) | – | – |
| MA21 | $ 2.49 (BUY) | $ 2.45 (BUY) | $ 3.42 (SELL) | $ 2.28 (BUY) |
| MA50 | $ 2.46 (BUY) | $ 2.39 (BUY) | $ 2.28 (BUY) | $ 1.71 (BUY) |
| MA100 | $ 2.42 (BUY) | $ 2.28 (BUY) | – | – |
| MA200 | $ 2.18 (BUY) | $ 2.06 (BUY) | – | – |
| Period | Value | Action |
| RSI (14) | 56.84 | SELL |
| Stoch RSI (14) | 29.55 | NEUTRAL |
| Stochastic Fast (14) | 61.79 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 15.90 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.10 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -38.21 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 60.38 | NEUTRAL |
| VWMA (10) | 2.57 | SELL |
| Hull Moving Average (9) | 2.53 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 2.44 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Fasttoken is at 56.84, suggesting that FTN is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Fasttoken over the last 50 days. Currently, Fasttoken is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the FTN closing price for the last 200 days. FTN is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Fasttoken prediction
After considering the above factors, we can conclude that the current forecast for Fasttoken price prediction is Bullish. FTN would have to increase by 30.14% to hit our $ 3.52 target within the next five days. Moving forward, it will be important to monitor the FTN market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Fasttoken price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/49923/fasttoken-prediction-october-18-2024/