FTX Token Price Prediction: Will Bulls Reach $1.20 in May?

FTX Token is experiencing a resurgence, climbing over 13% in the past day and registering a significant surge in trading volume. This renewed momentum follows April’s sideways movement. The price surged to $1.09, just above the crucial support level of $1.00. A possible bullish trend could see FTT break through resistance at the $1.15-$1.20 range as seen in recent technical indicators like the MACD histogram turning positive and RSI trending upward. 24-hour volume has surged by 420.89%, signaling a potential shift towards bullish momentum.