Fasttoken (FTN) is currently trading at $1.75, reflecting a slight decline of 1.52% over the past 24 hours. The price has fluctuated between a high of $2.01 and a low of $1.73 within the same timeframe, indicating a daily range of 0.28%.

Volume over the past 24 hours stands at approximately 1.98 million, with a volume-to-market cap ratio of 0.26%. The hourly moving averages show a consistent downtrend, with all key SMAs (8, 13, 21, 55, and 144) hovering around $1.79, indicating negative momentum across short to medium-term timeframes.

The 1-hour RSI is at 46, which suggests that FTN is nearing oversold conditions but not yet confirming bullish momentum. Meanwhile, the 7-day RSI at 48 reflects a similar indecisiveness, indicating that FTN has experienced a downward trend of approximately 12.55% over the past week.

Over the past 14 and 30 days, the price has decreased by 12.99% and 13.19%, respectively, showing a consistent bearish trend. The all-time high of $4.61, reached on July 27, 2025, remains significantly above the current price, indicating substantial room for growth if bullish momentum resumes.

Given the recent price action, negative moving average trends, and lack of strong buying signals, FTN is currently in a weak position. Therefore, I recommend a Sell rating, as the asset appears to be in a bearish phase with no immediate catalysts for recovery.