- The Flow token price is in a downtrend, around -5.5%, during the intraday trading session.
- The 24-hour trading volume is at $79 million.
- FLOW/BTC pair is trading down by -1.6% at 0.00040355 BTC.
Daily technical chart and price trend of FLOW token are showing a bearish trend. Based on the pivot level, the first support zone is 15.0 USDT. From another perspective, if it rushes, the resistance level to watch is 20.0 USDT. Thus, the graph made a pin bar candle pattern during the day, and the cost is relied upon to remain downside with unwavering medium force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost slips below the green ribbon and 200-EMA, so it will guarantee a downswing in FLOW until it’s below the ribbon.
Trading volume (33.810 K) is underneath the 20-day moving average (77.315 K). To put it plainly, the volume is low but increasing, making the cost remain at the support levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.
The RSI indicator gave a signal (bearish) with 35, projecting a selling signal in the currency. Investors can observe an inclined slope from 67 to 35. It can plunge in future trading sessions.
Flow Token Price Slips Below EMA-50
Flow value today is $17.47 with a 24-hour exchanging volume of $79,778,021. FLOW cost is down – 5.5% as of now. It has a circling supply of 63 Million FLOW coins and a complete stock of 1.37 Billion. The RSI points to a selling indication, and the traders have prompted low volume. In fact, the cost is around the support regions and proceeds in a downtrend. In like manner, with the general market perspective, the pattern stays bearish for coming trading days.
Resistance Level: $20
Support Level: $15