Flow

Resistance

Coin

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>The Flow network crypto’s price decreased by 4.91% over the last week and it is trading below major EMA’s.</a> </li> 
 <li> <span>2</span> <a>The price of the FLOW crypto is trading at $0.445 and the 52-week range is $0.400 – $2.058.</a> </li> 
</ul> 
<p>Flow Network crypto plummeted by 1.63% in market value and surged by 12.37% in trading volume in the last day, as per Coinmarketcap, a crypto data analysis website. Its market value is $460,318,909 and its trading volume is $21,060,287. There are 1,036,200,000 FLOW in circulation.</p> 
<p>The FLOW crypto has not performed well in the last month, decreasing by 23.54% and by 61.57% in the last six months. Flow Network (COINBASE: FLOW) crypto has a negative year-to-date return of 31.54% and a one-year return of 75.60%.</p> 
<p>Flow crypto’s (FLOW) open interest is $10.28 Million. As per Coinglass, another crypto analysis website, it rose by 5.43% in the previous session. The long versus short ratio for 24 hours is 0.7844. The short liquidation is nill versus $3.46 K for the long liquidation.</p> 
<p>FLOW coin price has shown bearish movements in the last three months, from a supply zone of $1.437 and falling by making lower lows and lower highs.&nbsp;</p> 
<p>At the time of publication, the FLOW Coin’s current price is trading around $0.445.</p> 
<p>Therefore, If Flow fails to maintain the current level, the Flow coin price could continue to drag downwards and hit the nearest support levels around $0.436 and $0.400.</p> 
<p>However, if the Coin price sustains the current level and the Flow price increases, then it might reach the nearest resistance levels of $0.772 and $1.073.</p> 
<h2 class="wp-block-heading" id="strong-flow-price-technical-analysis-in-the-1-day-timeframe-strong"><strong>Flow Price Technical Analysis in the 1-Day Timeframe</strong></h2> 
<p>At the time of publishing,<a href="https://www.thecoinrepublic.com/2023/08/17/flow-price-prediction-active-addresses-declines-more-than-60/" rel="noopener noreferrer nofollow"> the FLOW crypto price (COINBASE: FLOW) </a>is trading underneath the 20, and 50-day EMAs (exponential moving averages), which is throwing the FLOW crypto price trend down.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/dOOKBQvFwSOeyiAmeKpC6gweVk5vy_HXuBid8yTHY71ulgJIH37H8HzGkxE_CBwtdE0Fz14GPS__EbQ5R89EBEyBCy5B859gSNFbXptoTCbBpiURR3gdDSYC2T12-_vNMiBooGc0vgojyIyzvB518u4" alt="Flow Price Forecast 2023: Does It Have Caliber To Surpass $2?"> 
  <figcaption class="wp-element-caption">
    Source: FLOW/USD.1D.COINBASE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>The MACD line at 0.032 and the signal line at 0.031 are below the zero line both lines are intermingled to each other highlighting consolidation in the MACD oscillator, suggesting bearish signals. The current value of the RSI is 27.54 points and the 14-day SMA is below the median line at 26.53 points, which indicates bearish sentiments as the RSI is in the oversold zone and highlights bearishness.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>FLOW crypto price prediction highlights the bearish sentiments and perspectives regarding FLOW crypto in the daily time frame. Flow price action highlights consolidation to a bearish view at the time of publishing. Moreover, the technical parameters of the Flow price suggest the continuation of the downtrend over the daily time frame chart. Major reliable and trustworthy indicators MACD, RSI, and EMA, suggest bearish signals regarding the FLOW crypto price.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels:</strong></h4> 
<ul> 
 <li><strong>Support levels: </strong>The nearest support levels are $0.436 and $0.40.</li> 
 <li><strong>Resistance levels: </strong>The nearest resistance levels are $0.772 and $1.073.</li> 
</ul> 
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4> 
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Flow Price Forecast 2023: Does It Have Caliber To Surpass $2?

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