Why our Oracle predicts this for FTX Token
As of today, FTX Token (FTT) trades at $0.261471, with a 24-hour move of -2.00%. Our algorithmic Oracle combines technical indicators (RSI, MACD, Bollinger Bands), the Bitcoin halving cycle and per-asset volatility beta to project price targets across 1 month, 12 months and 5 years. Below we walk through exactly why the Oracle reaches the figures shown above.
