- FLOW coin price is currently seeing a strong consolidation in the daily chart. In contrast, the coin price has seen a gain of more than 4% in the intraday session.
- Technical indicators of FLOW hints towards a strong upside trend for the future. Meanwhile, FLOW/BTC pair has also seen a gain of more than 3% in the past 24 hours.
FLOW coin price is currently seeing a strong consolidation in the daily chart and might break down to lower levels. FLOW price is currently trading near the value of $13 and has seen a gain of more than 4% in the intraday session. The token price is currently trading above the 50 and 100 Daily Moving Average. The 50 DMA is currently very near to the price. If the asset price breaks down below it then a strong downside momentum can be seen. One can forecast a strong upside trend in the token in the upcoming days.
FLOW coin is currently ranked 48th in the CMC and has a market dominance of more than 0.15%. The volume of the coin has seen a small pump of 3% which suggests the further consolidation in price. The volume to market cap ratio of the coin is currently near 0.06 which hints towards a strong consolidation in price. If the ratio jumps over 0.8 then a strong upside to $25 can be seen.
FLOW Coin Price May Remain In The Consolidation For While
FLOW coin price weekly technical chart is currently seeing a strong consolidation in the price. On the daily chart, the asset is in a strong consolidation momentum. The hostile region of the FLOW while going upwards can be seen near $17. The support region of the coin can be observed near $10. The asset price is currently above 0.78fib and can soon surpass above 0.5fib. If the asset price rallies over 0.5fib then a strong upside trend in the coin price can be seen. If the coin price dumps 15 to 20% below the current level then a downside momentum can be seen. FLOW/BTC pair can also see a strong downtrend in the future.
FLOW coin price is currently seeing a strong consolidation in price but can soon see a recovery to a new high. FLOW/BTC pair can also see similar gains in the future. One should do their due diligence before investing.
Major Resistance: $15
Major Support: $12