🌎 Black Agnus FTW Token Surges 112% After CoinGecko Listing

FTW, the native token of the new memecoin project Black Agnus, has emerged as the market’s top performer following its official listing on CoinGecko.

At press time, Black Agnus (FTW) had surged by 112%, trading at $0.000034. Within the same period, the token’s daily trading volume increased by 43.30%, reaching approximately $7,883,560.

FTW’s recent price rally follows its listing on popular crypto data aggregators, which is considered a positive development for memecoin projects seeking to gain exposure within the crypto community.

Technical Indicators and Market Performance

Technical indicators on the 15-min FTW/USDT chart suggest that the bulls are currently in control. FTW is trading near the upper limit of its Bollinger Bands, showing sustained buying interest that could push the price higher.

The Moving Average Convergence Divergence (MACD) supports this outlook, with the MACD line crossing above the signal line, indicating continued upward momentum. Meanwhile, the Relative Strength Index (RSI) is at 54.94, slightly above the neutral threshold of 50, suggesting there may still be room for the rally to continue.

Additional Technical Analysis

The Aroon indicator points to a largely bullish trend for the FTW/USD pair. The Aroon Up is at 78.57%, reflecting strong upward momentum, while the Aroon Down is at 21.43%, suggesting minimal downward movement. This divergence generally indicates bullish control in the short term.

Supporting this positive outlook, FTW is positioned above both the 50-period and 200-period simple moving averages, at $0.00000296 and $0.00000304, respectively. This setup forms a “golden cross,” a pattern often seen by traders as a sign of potential continued price growth.

The upward trend for FTW is further confirmed by an ascending trendline around the $0.00000282 mark, which has been repeatedly tested and remains intact. As long as this trendline holds, the market is expected to maintain its bullish stance.