Flow

Token

Resistance

Time

Coin

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Flow price (FLOW)&nbsp; surged 1.21% in the past 24 hours and is currently trading at $0.46.</a> </li> 
 <li> <span>2</span> <a>Flow price (FLOW) is declining strongly and hit an all-time low of $0.4005 a few days ago.&nbsp;&nbsp;</a> </li> 
</ul> 
<p>Flow price has been in a strong declining trend wiping out 61.08% of its value in the past 6 months and continued with the same momentum to decline more than 5% in the last week and hit an all-time low of $0.4005.&nbsp;</p> 
<p>The price broke the previous all-time low which the crypto had created in June 2023 after which buyers showed some interest and the price surged. The buyers tried a recovery but faced selling pressure from the upper supply zone.&nbsp;</p> 
<p>The price also seemed to respect a trendline and faced multiple rejections. Recently, the price slid down from the trendline resistance and hit a new all-time low and consolidated.&nbsp;</p> 
<p>Flow Token (FLOW) is a blockchain for the next generation of digital experiences. It is fast, decentralized, and developer-friendly. It was built by the same team that created CryptoKitties, Dapper Wallet, NBA Top Shot, and other popular consumer blockchain products.</p> 
<h2 class="wp-block-heading" id="strong-flow-price-hit-an-all-time-low-after-suffering-rejection-from-trendline-resistance-strong"><strong>Flow Price Hit An All Time Low After Suffering Rejection From Trendline Resistance</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/crsL8QQ1YZLglqK8aXRPcsrZWQo1opaQy1oyEBefA_hmVqFbvBfjZ-d_kn7cN-o5-wsvv3G2d6DHMjGN6dxsQu9_-tIGFK12EgYu0i2yrzJOCZQZJojMM1gc5acZggnaKad9gyvfZPwrVT72IvRUUCY" alt="Flow Price Prediction: Can Flow Get Buyers Back From All Time Low?"> 
  <figcaption class="wp-element-caption">
    Source: FLOW/USD By <a href="https://www.tradingview.com/x/E9ff22G1/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>The short-term outlook for the FLOW price remains bearish until the price trades below the trendline resistance. The price may decline further if fails to gain the support of buyers from the lower levels.&nbsp;</p> 
<p>The volume analysis states that the FLOW Coin has received $25.955 Million in the past 24 hours with a decline of 2.03% in the past 24 hours. Crypto has a circulating supply of 1.45 Trillion. The volume to market cap ratio is 5.44% indicating low volatility in the market.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-rsi-and-macd-showing-weakness-over-the-daily-chart-strong"><strong>RSI And MACD Showing Weakness Over The Daily Chart</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/YIo_o84ssCWhr3zs1W1ddt_kfqHsjKZcydaNUXdRlCy9rf_dnKAEV-akM-zgJjeh9W9XXqhiDhkzhJnmMhB7qROd0NoSGgovBm4hQVjQ0MhSA9vUbxgRUchifxjirqSHKczakJbmHl9Y62a2ScTGhFk" alt="Flow Price Prediction: Can Flow Get Buyers Back From All Time Low?"> 
  <figcaption class="wp-element-caption">
    Source: FLOW/USD By <a href="https://www.tradingview.com/x/E9ff22G1/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>MACD lines have made a bearish crossover. Also, histogram bars are being formed below the mean line but decreasing height indicating a neutral to bearish sentiment in the short term.</p> 
<p>As per the EMA Analysis, the FLOW price is currently trading below the 50 and 200 EMA indicating weakness prevailing in both the short-term and long-term.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/08/23/enjin-crypto-price-prediction-will-enj-coin-price-touch-0-5/" rel="noopener noreferrer nofollow">Flow price prediction</a> concludes that the price price has been falling sharply and reached a new all-time low of $0.4005. The price broke the previous low after suffering resistance from an upper trendline. The short-term outlook is bearish until the price breaks above the trendline. The volume-to-market cap ratio is 5.44%, indicating low volatility. The crypto has a circulating supply of 1.45 Trillion.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support levels:</strong> $0.438 and $0.4011.</li> 
 <li><strong>Resistance levels:</strong> $0.558 and $0.605.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Flow Price Prediction: Can Flow Get Buyers Back From All Time Low?

Table of Contents

Thecoinrepublic.com

Other articles published on Aug 24, 2023

Tornado Cash developers charged with money laundering in US

New Zealand is ‘Cautious’ on Crypto While Singapore Takes Proactive Approach to Regulate Stablecoins

Former NJ Officer Arrested for Alleged Crypto Scheme Targeting First Responders

Bitcoin (BTC) Should Hit $135,000 After Halving, Says Pantera Capital

Dunamu’s Luxury Watch Trading Platform Thrives with Blockchain Edge

Bitcoin Price Prediction as Crypto Research Firm Says BTC Could Fall to $20,000 – What's Going On?

Join our free newsletter for daily crypto updates!