Fasttoken (FTN) is currently trading at $0.731932, reflecting a significant decline of 11.96% over the past 24 hours. The price has tested a low of $0.732341 and reached a high of $0.851731, indicating increased volatility within a narrow daily range of 0.11939%.

Trading volume stands at 2,122,707, with a market cap volume ratio of 0.67%, suggesting relatively low liquidity. The hourly moving averages present a bearish outlook, with the 8 SMA at $0.7781 and the 21 SMA at $0.7978, both indicating negative trends of -5.93% and -8.26% respectively.

The 1-hour RSI is currently at 29, which signals that FTN is in oversold territory and may be due for a rebound. However, the 7-day RSI at 44 suggests that there is still room for further downside before reaching a potential support level.

In terms of longer-term price action, FTN has experienced significant declines with a 7-day price change of -58.79%, a 14-day change of -58.76%, and a 30-day change of -57.84%. This persistent downtrend reflects a broader bearish sentiment, particularly given that the current price is approximately 84% below its all-time high of $4.61.

The technical indicators and momentum signals suggest that FTN is currently under pressure, with resistance levels significantly higher than the current price. Given the lack of bullish momentum and the extended downtrend, a cautious approach is warranted.

Considering the current technical and fundamental data, a Sell rating is appropriate for Fasttoken (FTN). The current price action, combined with persistent bearish indicators and a significant decline from all-time highs, suggests further downside potential in the near term.