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Cryptocurrency News Articles
BTT, FTT, and APT Are Grabbing Attention Today With Noteworthy Price Movements and Market Activity
Jan 08, 2025 at 02:00 am
Three altcoins are grabbing attention today with notable price movements and market activity. Among them, BTT leads the way with a remarkable surge, while FTT and APT also showcase promising trends.
BitTorrent (BTT) price🆙
BTT has formed a golden cross, a bullish signal where the shortest-term EMA crosses above the longest-term EMA, indicating potential sustained upward momentum.
Over the last 24 hours, BTT price has risen nearly 6%, bringing it to $0.00000127 at the time of writing. This uptrend is accompanied by a surge in trading volume, which has now reached $130 million, indicating increased interest in the token.
With a market cap of $1.25 billion, BTT ranks among the top 100 altcoins. If the uptrend continues, BTT could test the resistance at $0.00000132. A breakout above this level might push the price toward $0.00000144 and potentially $0.00000159.
However, if the trend reverses, BFT may retest the support at $0.00000123. A break below this level could lead to declines toward $0.00000117 and $0.00000111.
FTX Token (FTT) price🆙
FTT has attracted attention following rumors that former FTX CEO Sam Bankman-Fried might be under consideration for a presidential pardon.
Over the last 24 hours, FTT price has risen roughly 4%, pushing its market cap back above $1 billion to $1.1 billion. This comes after FTT dropped below $3 and even $2 during the FTX bankruptcy saga.
Now, FTT price attempts to form a golden cross, a bullish signal that could reignite upward momentum. If successful, FTT could test the resistance at $3.57, and breaking this level might lead to further gains toward $3.88 or even $4.03.
However, if the golden cross fails to materialize and the trend reverses, FTT could retest its support at $3.23. A break below this level might push the price further down to $3.10, with a potential decline to $2.64 if the selling pressure intensifies.
Aptos (APT) price🆙
APT is showing signs of recovery after a challenging period, where its price dropped 25% between December 20 and January 1 due to the resignation of its former CEO, Mo Shaikh.
Over the last 24 hours, APT price has gained more than 4%, bringing it to $9.6 at the time of writing. This uptrend is accompanied by a surge in trading volume, which has now reached $466 million.
Currently, APT holds a $5.8 billion market cap, placing it among the top 30 altcoins. If the trend continues, APT could test the resistance at $10.18, and a breakout above this level might push the price toward $11.3 and $12.
However, if APT fails to break the resistance at $10.18, the trend may reverse, putting downside pressure on its price. In this scenario, APT could retest the support at $9.05, and a break below that level might lead to further declines toward $8.42 and $7.82.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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