Resistance

Parallel

Daily

<ul class="list-ic vertical">
 <li><span>1</span> <a>FLOW price showed a range breakout and took support on the 20 day EMA.</a></li>
 <li><span>2</span> <a>Buyers are looking for a pullback and are not gaining as of now.</a></li>
</ul>
<p>FLOW price convalesced from the demand zone of $0.400 and cited a comeback in recent sessions. Moreover, the price action exhibits buyer accumulation and a range breakout. Recently, the FLOW coin punched the psychological round mark of $1 but did not sustain long enough. The ensuing profit booking which was noted tossed the FLOW price to the 20-day EMA.</p>
<p>FLOW price is trading above the key moving averages and is upholding gains in the bullish territory, displaying bullish beliefs. Furthermore, the chart shows the rising parallel channel, and the FLOW coin persists in lengthening gains. For the past sessions, buying momentum was witnessed, and higher high swings ushered the FLOW price to contend bullish territory.</p>
<p>The live price of the FLOW coin is $0.8989, with an intraday gain of 1.83%, showing bullishness on the chart. Moreover, the trading volume increased by 3.78% to $45.87 Million. However, the pair of FLOW/BTC is at 0.0000214 BTC, and the market cap is $946.14 Million. Analysts have maintained a bullish rating, suggesting the FLOW price will continue to surge in the following sessions.</p>
<h2 class="wp-block-heading" id="strong-flow-on-daily-chart-displays-rising-parallel-channel-strong"><strong>FLOW on Daily Chart Displays Rising Parallel Channel</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-784-1024x474.png" alt="FLOW Price Prediction: Is FLOW Ready to Pull back &amp; Retest $1?" class="wp-image-186365" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-784-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-784-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-784-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-784-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-784-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-784-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-784.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><strong>Source: <strong> <a href="https://in.tradingview.com/" target="_blank" rel="noopener noreferrer nofollow">FLOW/USD</a></strong></strong> <strong>Chart by TradingView</strong>
  </figcaption>
 </figure>
</div>
<p>On the daily chart, the FLOW price has been overhauled from the bottom zone and poured gains above neutrality in the past few sessions. However, the FLOW coin faced downward pressure from the channel’s top near $1 and is bearing gains near the 20-day EMA. Per the Fibonacci retracement levels, FLOW coin is trading above the 50% zone above the mid bollinger band.</p>
<p>The relative strength index (RSI) curve endured above the midline near 65, showcasing a bullish crossover retreat on the chart. Moreover, the MACD indicator formed green bars on the histogram highlights strong performance in the past few sessions.</p>
<h2 class="wp-block-heading" id="strong-weekly-charts-reflects-falling-wedge-breakout-strong"><strong>Weekly Charts Reflects Falling Wedge Breakout</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-785-1024x474.png" alt="FLOW Price Prediction: Is FLOW Ready to Pull back &amp; Retest $1?" class="wp-image-186366" style="width: 100%;height:auto" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-785-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-785-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-785-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-785-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-785-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-785-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-785.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><strong>Source: <a href="https://in.tradingview.com/" target="_blank" rel="noopener noreferrer nofollow">FLOW/USD </a>Chart by TradingView</strong>
  </figcaption>
 </figure>
</div>
<p>On the weekly chart, the FLOW coin reminisced a trend reversal, rebounded from the demand zone of $0.400, and finally ended the correction. Moreover, the technicals are implying the optimistic buy signal and are suggesting that the<a href="https://www.thecoinrepublic.com/2023/12/29/flow-price-forecast-how-much-it-can-fly-after-the-1-00-breakout/" target="_blank" rel="noopener noreferrer nofollow"> FLOW coin </a>will pull back and flee the prompt swing burden of $1 in the coming sessions.</p>
<h4 class="wp-block-heading"><strong>Summary</strong></h4>
<p>FLOW price echoes outperformance and is shelving for a pullback to ascend above $1, the supply zone. Furthermore, the trend is bullish, and buyers have prevailed in accumulation, which pinches the FLOW coin beyond the encumbrances and the 20-day EMA mark. Additionally, the follow-on buying momentum reveals investor interest and the FLOW coin will soon flee the psychological round mark of $1.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels:</strong> $0.8500 and $0.8300</p>
<p><strong>Resistance Levels:</strong> $0.9300 and $1</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.</p>

FLOW Price Prediction: Is FLOW Ready to Pull back & Retest $1?

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