Flare is Trading -21.71% Below Our Price Prediction for Mar 07, 2025

| CoinCodex

Flare is Trading -21.71% Below Our Price Prediction for Mar 07, 2025

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 up 5.96% today against the US Dollar
  • FLR/BTC increased by 5.06% today
  • FLR/ETH increased by 5.36% today
  • Flare is currently trading 21.71% below our prediction on Mar 07, 2025
  • Flare dropped -33.74% in the last month and is down -61.95% since 1 year ago
Flare price$ 0.017355
Flare prediction $ 0.022168 (30.64%)
Sentiment Bearish
Fear & Greed index 26 (Fear)
Key support levels$ 0.016421, $ 0.015734, $ 0.015366
Key resistance levels$ 0.017476, $ 0.017845, $ 0.018532

FLR price is expected to rise by 30.64% in the next 5 days according to our Flare price prediction

is trading at $ 0.017355 after gaining 5.96% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 5.31% in the same time period. FLR performed well against BTC today and recorded a 5.06% gain against the world’s largest cryptocurrency.

According to our Flare price prediction, FLR is expected to reach a price of $ 0.022168 by Mar 07, 2025. This would represent a 30.64% 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 negative trend recently, as the coin lost -33.74% in the last 30-days. The medium-term trend for Flare has been bearish, with FLR dropping by -41.47% in the last 3 months. The long-term picture for Flare has been negative, as FLR is currently displaying a -61.95% 1-year price change. On this day last year, FLR was trading at $ 0.045608.

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 8.51. Flare recorded 13 green days in the last 30 days.

Flare technical analysis for today – Mar 02, 2025

The sentiment in the Flare markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.016421, $ 0.015734 and $ 0.015366, while $ 0.017476, $ 0.017845 and $ 0.018532 are the key resistance levels.

Bearish sentiment for Flare

9 indicators are currently signaling a bullish prediction for Flare, while 22 indicators are showing a bearish forecast. With 71% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Flare.

Crypto market is currently experiencing Fear

Currently, the Fear & Greed index is at 26 (Fear), which signals that investors have a negative 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.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 0.019100 (SELL)$ 0.020307 (SELL)
MA5$ 0.018063 (SELL)$ 0.021502 (SELL)
MA10$ 0.019512 (SELL)$ 0.023001 (SELL)
MA21$ 0.020258 (SELL)$ 0.024525 (SELL)-$ 0.31 (BUY)$ 0.022297 (SELL)
MA50$ 0.022728 (SELL)$ 0.024979 (SELL)-$ 0.41 (BUY)$ 0.021786 (SELL)
MA100$ 0.025039 (SELL)$ 0.023329 (SELL)-$ 0.21 (BUY)$ 0.016119 (BUY)
MA200$ 0.021092 (SELL)$ 0.022461 (SELL)
PeriodValueAction
RSI (14)32.08BUY
Stoch RSI (14)0.00BUY
Stochastic Fast (14)14.62BUY
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)34.41SELL
Awesome Oscillator (5, 34)0.00NEUTRAL
Momentum (10)0.00NEUTRAL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-85.38BUY
Ultimate Oscillator (7, 14, 28)38.55NEUTRAL
VWMA (10)0.02SELL
Hull Moving Average (9)0.02BUY
Ichimoku Cloud B/L (9, 26, 52, 26)0.02NEUTRAL

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 32.08, 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 30.64% to hit our $ 0.022168 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/64119/spark-token-prediction-march-02-2025/