Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Flow is down -4.38% today against the US Dollar
- FLOW/BTC decreased by -3.29% today
- Flow is currently trading 23.27% below our prediction on Oct 28, 2024
- Flow dropped -7.62% in the last month and is up 5.04% since 1 year ago
| Flow price | $ 0.544720 |
| Flow prediction | $ 0.709950 (30.29%) |
| Sentiment | Bearish |
| Fear & Greed index | 71 (Greed) |
| Key support levels | $ 0.555967, $ 0.543846, $ 0.533021 |
| Key resistance levels | $ 0.578913, $ 0.589738, $ 0.601859 |
FLOW price is expected to rise by 30.29% in the next 5 days according to our Flow price prediction
Flow price today is trading at $ 0.544720 after losing -4.38% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -1.16% in the same time period. FLOW performed poorly against BTC today and recorded a -3.29% loss against the world’s largest cryptocurrency.
According to our Flow price prediction, FLOW is expected to reach a price of $ 0.709950 by Oct 28, 2024. This would represent a 30.29% price increase for FLOW in the next 5 days.
FLOW Price Prediction Chart
Buy/Sell Flow
What has been going on with Flow in the last 30 days
Flow has been displaying a negative trend recently, as the coin lost -7.62% in the last 30-days. The medium-term trend for Flow has been bearish, with FLOW dropping by -13.37% in the last 3 months. The long-term picture for Flow has been positive, as FLOW is currently displaying a 5.04% 1-year price change. On this day last year, FLOW was trading at $ 0.518578.
Flow reached its all-time high price on Apr 19, 2021, when the price of FLOW peaked at $ 44.91. The current FLOW cycle high is $ 1.68, while the cycle low is at $ 0.391680. FLOW has been displaying low volatility recently – the 1-month volatility of the coin is at 5.46. Flow recorded 11 green days in the last 30 days.
Flow technical analysis for today – Oct 24, 2024
The sentiment in the Flow markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.555967, $ 0.543846 and $ 0.533021, while $ 0.578913, $ 0.589738 and $ 0.601859 are the key resistance levels.
Bearish sentiment for Flow
5 indicators are currently signaling a bullish prediction for Flow, while 23 indicators are showing a bearish forecast. With 82% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Flow.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 71 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Flow moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Flow is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 0.561005 (SELL) | $ 0.551487 (SELL) | – | – |
| MA5 | $ 0.568052 (SELL) | $ 0.550274 (SELL) | – | – |
| MA10 | $ 0.553685 (SELL) | $ 0.549547 (SELL) | – | – |
| MA21 | $ 0.555204 (SELL) | $ 0.553627 (SELL) | -$ 22.91 (BUY) | $ 0.630266 (SELL) |
| MA50 | $ 0.559059 (SELL) | $ 0.562366 (SELL) | -$ 18.03 (BUY) | $ 0.740205 (SELL) |
| MA100 | $ 0.573640 (SELL) | $ 0.596736 (SELL) | -$ 10.29 (BUY) | $ 0.630612 (SELL) |
| MA200 | $ 0.706967 (SELL) | $ 0.671023 (SELL) | – | – |
| Period | Value | Action |
| RSI (14) | 49.85 | NEUTRAL |
| Stoch RSI (14) | 93.16 | SELL |
| Stochastic Fast (14) | 66.70 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 12.44 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.02 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -33.30 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 56.41 | NEUTRAL |
| VWMA (10) | 0.56 | BUY |
| Hull Moving Average (9) | 0.58 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.58 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Flow is at 49.85, suggesting that FLOW is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Flow over the last 50 days. Currently, Flow is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the FLOW closing price for the last 200 days. FLOW is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Flow prediction
After considering the above factors, we can conclude that the current forecast for Flow price prediction is Bearish. FLOW would have to increase by 30.29% to hit our $ 0.709950 target within the next five days. Moving forward, it will be important to monitor the FLOW market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Flow price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/50730/flow-prediction-october-24-2024/