1
Flow price currently trades at $0.496 with a gain of 2.06% during the intraday session.
2
FLOW price breaks the major support level of $0.50.
3
The year-to-date return of Flow has dropped to -24.20%.
Flow price has been in a strong downtrend since it faced rejection near the major psychological level of $0.80. The cryptocurrency price consolidated between the range of $0.545 and $0.565.
On 15 August 2023, the FLOW price finally gained bearish momentum to break and close below the support and major psychological level of $0.50. The last two candles have been strong bearish candles.
However, the current candle is bullish and is rising toward the $0.50 level. The candle might retest the $0.50 level and continue falling downwards.
Source: FLOW/USDT By TradingView.
Flow price recovered nearly 80% from the all-time low of $0.408 which was hit at the beginning of June 2023 as the Securities and Commission Exchange (SEC) labeled Flow as
We współpracy z: https://www.thecoinrepublic.com/2023/08/17/flow-price-prediction-active-addresses-declines-more-than-60/