Stellar Lumens, BitTorrent, FTX Token Price Movement Analysis for 3rd April, 2021

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Stellar Lumens shifted from a supply to a demand zone and seemed to be heading towards $0.5. On the tables, BitTorrent Token was highly bullish, and FTX Token was still approaching all-time highs.

Stellar Lumens [XLM]

Stellar Lumens burst out past a supply area at $0.42-$0.44 with good upward momentum and large trading volume, and retested it as a supply region. This was a positive move, and XLM has already tested the resistance level of $0.458 twice in the last few days.

The MACD suggested that bullish momentum was still high. The next resistance thresholds to watch are $0.458 and $0.5, while help is at $0.438.

BitTorrent Token [BTT]

Stellar Lumens, BitTorrent Token, FTX Token Price Analysis: 03 April

Source: BTT/USDT on TradingView

BTT had reached the point that the Fibonacci extension levels necessitated their own extension levels. Any extension thresholds for BTT’s jump up from $0.001 to $0.003 are seen in pink, and BTT could hit as far as $0.0089 in the coming days.

The OBV was steadily rising, indicating that buyer demand much outweighed sale pressure. The Supertrend indicator is another thing that BTT bulls would like to see. It displayed a buy signal and a stop-loss number.

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The indicator was not flat, but rather moving upward with the market, which isn’t a warning in and of itself, but rather an indication that there is still space for more gains.

FTX Token [FTT]

Stellar Lumens, BitTorrent Token, FTX Token Price Analysis: 03 April

Source: FTT/USD on TradingView

The 20-period EMA (white) crossed above the 50-period EMA (yellow) a few days ago, and FTT has been steadily rising since breaking through the $37 mark.

Growing over $42 is noteworthy; it is similar to the all-time high of $43.5. The previous month saw a pullback, giving the sector time to gain momentum for an upward leap. FTT could hit $50 or higher in the coming weeks if it rises above $43.5.

A drop down to $41.87 and $40.15 is likely, which will be a good time to invest.

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