Fasttoken (FTN) is currently priced at $1.044, experiencing a significant 24-hour decline of 9.10%. The daily trading range has been narrow, with a low of $1.042 and a high of $1.15, indicating a lack of volatility in the short term.

Volume stands at approximately 13.56 million, reflecting a Vol/Market Cap ratio of 2.99%, suggesting moderate trading activity relative to its overall market capitalization. The moving averages indicate bearish sentiment, with the 8 SMA at $1.05 showing a slight downward trend of 0.28%, while the 13 SMA and 21 SMA are down 1.42% and 3.29%, respectively.

The 1-hour RSI is critically low at 12, indicating extreme oversold conditions, while the 7-day RSI at 44 suggests a neutral market sentiment. Over the past week, FTN has decreased by nearly 20%, contrasting sharply with a notable 91.35% increase over the past 14 days, pointing to recent volatility.

Technical indicators reveal that the price is currently below all key short-term moving averages, signaling potential bearish momentum. However, the substantial 17.37% gain in the 55 SMA suggests that there may be support around the $0.8895 level, providing a buffer against further declines.

In conclusion, while FTN is facing downward pressure in the short term, the extreme oversold RSI readings may indicate a potential for a rebound. Given the current technical landscape and recent volatility, a Hold rating is advised; investors should monitor for signs of stabilization before making any additional commitments.