The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish the financial, investment, or other advice. MACD exhibits the bullish momentum of the FLOW coin. RSI is at 75 and has entered the overbought territory. Technical indicators point to the FLOW coin’s rising momentum. In order to lessen the volatility brought on by bears during the intraday trading session, the volume change of the FLOW coin, which is now below average, needs to improve. The current increasing momentum needs to be sustained for the token to cross the daily chart. The token first traded below a line with a downward slope, but was able to move out of the pattern and into the channel with an upward slope. Flow price is moving upward with a small upward momentum throughout the daily price chart. The MACD line is ahead of the signal line after a positive crossover.įlow price has successfully recovered above the ascending parallel channel over the daily price chart. The relative Strength Index showcases the uptrend momentum of FLOW coin. The coin needs to accelerate in the direction of the top trendline in order to escape the ascending pattern. The price of flow coin has been varying across the daily price chart within an upward parallel channel. This exemplifies how bulls are attempting to allow FLOW to exit the parallel channel. The volume of transactions increased by 170% during the intraday trading session. The estimated current value of the Flow price is $3.02, and on the last day, it increased its market capitalization by 12.96%. The token needs to get the required upward push from flow bulls in order to go closer to the upper trendline. FLOW coin is currently trading between the upper and lower trendlines of the ascending parallel channel. FLOW investors must wait for the token to regain momentum and reach a meaningful resistance level. The pair of FLOW/BTC is at 0.0001258 BTC with an intraday gain of 8.06%.įlow price has successfully recovered above the ascending parallel channel over the daily price chart.FLOW crypto has recovered above the 20, 50, and 100-day Daily Moving Average.Flow price has successfully breakout of the parallel channel it has been trading in over the daily price chart.
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