Crypto Money News – Dash is seeing a wave of selling pressure. FTX Token, on the other hand, is on the verge of losing $ 113 as a support level, as the price has broken above $ 10, as it shows a decline in purchase volume.
DASH formed a bullish wedge and this bearish reversal pattern was confirmed when the price broke below the formation. The week following the approval of this model, DASH was seen returning to the base of the model at $ 113.
The RSI showed that the downside momentum increased as it fell further into the bearish zone. A rising divergence could be exhibited. The RSI made higher lows, while the price reached lower levels. This could see DASH bounce off the $ 113-110 zone.
If the price does not return, the $ 107, 100 and $ 93 levels could serve as support.
The Fixed Range Volume Profile defined $ 9.6 as the Control Point (PoC) for FTT. This was also a level that it had risen to last week and retested as support.
However, OBV recorded a series of lower peaks to show decreasing purchase volume, even if FTT surpasses PoC. This disagreement showed that a fix is possible for FTT. If it drops below $ 9.6, we can see that FTT is testing the $ 8.8 level as support.