The post Will FLOW Break Out Above $0.454? appeared on BitcoinEthereumNews.com.

FLOW price is down by 5.50% over the past 7 days, whereas according to the price action, the FLOW price continues to move in the bears’ influence. Sellers are trying to pull FLOW crypto price toward the lower trendline. FLOW must attract buyers in order to surge toward the upper trendline. Investors in FLOW crypto need to wait for any directional change over the daily time frame chart.  FLOW price prediction showcases the decline of FLOW crypto price from the higher level over the daily time frame chart. FLOW crypto needs to attract buyers in order to reach the recovery level. However, trading volume was below average and needs to grow for the FLOW crypto price to sustain at a higher level. Meanwhile, FLOW crypto is trying to surpass above 50, 100, and 200-day daily moving averages. FLOW price gained 3.00% in a month and lost 35.42% in the last three months. Moreover, the FLOW price has plunged around 60.65% in the last six months and lost 36.52% year to date, confirming that FLOW will be bearish in the coming sessions. Technical Analysis of FLOW Crypto Price in 1-D Time Frame If it can sustain at this level, the FLOW price could continue to go up and reach the first and second targets of $0.454 and $0.600, respectively. However, if FLOW price cannot maintain this level and falls, then it might hit the closest support levels of $0.393 and $0.300. At the time of publishing, FLOW crypto (USD: FLOW) was above the 50 and 200-day exponential moving averages (EMAs), which are supporting the price trend.  However, if selling volume adds up, then the price might conquer supporting EMAs by making lower highs and lows. Hence, the FLOW price is expected to move downwards giving bearish views over the daily time…

---

Filed under: News - @ October 13, 2023 5:12 am