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.
- Flare is down -3.01% today against the US Dollar
- FLR/BTC decreased by -2.44% today
- FLR/ETH decreased by -2.25% today
- Flare is currently trading 24.24% below our prediction on Oct 10, 2024
- Flare gained 5.90% in the last month and is up 43.10% since 1 year ago
| Flare price | $ 0.015371 |
| Flare prediction | $ 0.020290 (30.06%) |
| Sentiment | Bearish |
| Fear & Greed index | 49 (Neutral) |
| Key support levels | $ 0.015418, $ 0.015049, $ 0.014623 |
| Key resistance levels | $ 0.016213, $ 0.016640, $ 0.017009 |
FLR price is expected to rise by 30.06% in the next 5 days according to our Flare price prediction
Flare price today is trading at $ 0.015371 after losing -3.01% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.68% in the same time period. FLR performed poorly against BTC today and recorded a -2.44% loss against the world’s largest cryptocurrency.
According to our Flare price prediction, FLR is expected to reach a price of $ 0.020290 by Oct 10, 2024. This would represent a 30.06% price increase for FLR in the next 5 days.
FLR Price Prediction Chart
Buy/Sell Flare
What has been going on with Flare in the last 30 days
Flare has been displaying a positive trend recently, as the coin gained 5.90% in the last 30-days. The medium-term trend for Flare has been bearish, with FLR dropping by -25.90% in the last 3 months. The long-term picture for Flare has been positive, as FLR is currently displaying a 43.10% 1-year price change. On this day last year, FLR was trading at $ 0.010742.
Flare reached its all-time high price on Aug 13, 2022, when the price of FLR peaked at $ 0.702240. The current FLR cycle high is $ 0.053939, while the cycle low is at $ 0.008248. FLR has been displaying low volatility recently – the 1-month volatility of the coin is at 3.59. Flare recorded 16 green days in the last 30 days.
Flare technical analysis for today – Oct 05, 2024
The sentiment in the Flare markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.015418, $ 0.015049 and $ 0.014623, while $ 0.016213, $ 0.016640 and $ 0.017009 are the key resistance levels.
Bearish sentiment for Flare
8 indicators are currently signaling a bullish prediction for Flare, while 18 indicators are showing a bearish forecast. With 69% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Flare.
Crypto market is currently experiencing Neutral
Currently, the Fear & Greed index is at 49 (Neutral), which signals that investors have a neutral 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.
Flare 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 Flare is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 0.015852 (SELL) | $ 0.015366 (BUY) | – | – |
| MA5 | $ 0.015555 (SELL) | $ 0.015329 (BUY) | – | – |
| MA10 | $ 0.015743 (SELL) | $ 0.015400 (SELL) | – | – |
| MA21 | $ 0.015495 (SELL) | $ 0.015919 (SELL) | -$ 0.36 (BUY) | $ 0.020544 (SELL) |
| MA50 | $ 0.015639 (SELL) | $ 0.018006 (SELL) | -$ 0.39 (BUY) | $ 0.021763 (SELL) |
| MA100 | $ 0.017455 (SELL) | $ 0.021147 (SELL) | -$ 0.34 (BUY) | $ 0.013318 (BUY) |
| MA200 | $ 0.024865 (SELL) | $ 0.024557 (SELL) | – | – |
| Period | Value | Action |
| RSI (14) | 50.21 | NEUTRAL |
| Stoch RSI (14) | 32.39 | NEUTRAL |
| Stochastic Fast (14) | 41.68 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 17.32 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -58.32 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 46.43 | NEUTRAL |
| VWMA (10) | 0.02 | SELL |
| Hull Moving Average (9) | 0.02 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | 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 Flare is at 50.21, suggesting that FLR is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Flare over the last 50 days. Currently, Flare 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 FLR closing price for the last 200 days. FLR is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Flare prediction
After considering the above factors, we can conclude that the current forecast for Flare price prediction is Bearish. FLR would have to increase by 30.06% to hit our $ 0.020290 target within the next five days. Moving forward, it will be important to monitor the FLR 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 Flare 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/48309/spark-token-prediction-october-05-2024/