Flow is Trading 9.28% Above Our Price Prediction for Jul 18, 2023

Flow is Trading 9.28% Above Our Price Prediction for Jul 18, 2023

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 -3.24% today against the US Dollar
  • FLOW/BTC decreased by -2.03% today
  • FLOW/ETH decreased by -2.38% today
  • Flow is currently trading 9.28% above our prediction on Jul 18, 2023
  • Flow gained 15.19% in the last month and is down -60.37% since 1 year ago
Flow price$ 0.575636
Flow prediction $ 0.526751 (-8.49%)
Sentiment Bearish
Fear & Greed index 57 (Greed)
Key support levels$ 0.576859, $ 0.567709, $ 0.556034
Key resistance levels$ 0.597683, $ 0.609358, $ 0.618507

FLOW price is expected to drop by -8.49% in the next 5 days according to our Flow price prediction

is trading at $ 0.575636 after losing -3.24% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.60% in the same time period. FLOW performed poorly against BTC today and recorded a -2.03% loss against the world’s largest cryptocurrency.

According to our Flow price prediction, FLOW is expected to reach a price of $ 0.526751 by Jul 18, 2023. This would represent a -8.49% price decrease 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 positive trend recently, as the coin gained 15.19% in the last 30-days. The medium-term trend for Flow has been bearish, with FLOW dropping by -45.27% in the last 3 months. The long-term picture for Flow has been negative, as FLOW is currently displaying a -60.37% 1-year price change. On this day last year, FLOW was trading at $ 1.45.

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 $ 0.784570, while the cycle low is at $ 0.417929. FLOW has been displaying high volatility recently – the 1-month volatility of the coin is at 12.90. Flow recorded 15 green days in the last 30 days.

Flow technical analysis for today – Jul 13, 2023

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 $ 0.576859, $ 0.567709 and $ 0.556034, while $ 0.597683, $ 0.609358 and $ 0.618507 are the key resistance levels.

Bearish sentiment for Flow

2 indicators are currently signaling a bullish prediction for Flow, while 26 indicators are showing a bearish forecast. With 93% 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 57 (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.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 0.597390 (SELL)$ 0.586008 (SELL)
MA5$ 0.600969 (SELL)$ 0.595508 (SELL)
MA10$ 0.619511 (SELL)$ 0.605243 (SELL)
MA21$ 0.592126 (SELL)$ 0.598345 (SELL)$ 0.830787 (SELL)$ 0.771683 (SELL)
MA50$ 0.606078 (SELL)$ 0.625293 (SELL)$ 1.18 (SELL)$ 1.79 (SELL)
MA100$ 0.747787 (SELL)$ 0.719302 (SELL)$ 5.10 (SELL)$ 4.40 (SELL)
MA200$ 0.877750 (SELL)$ 0.978264 (SELL)
PeriodValueAction
RSI (14)44.88NEUTRAL
Stoch RSI (14)4.77BUY
Stochastic Fast (14)36.26NEUTRAL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)18.27NEUTRAL
Awesome Oscillator (5, 34)0.05NEUTRAL
Momentum (10)-0.09SELL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-63.74NEUTRAL
Ultimate Oscillator (7, 14, 28)45.10NEUTRAL
VWMA (10)0.67SELL
Hull Moving Average (9)0.55BUY
Ichimoku Cloud B/L (9, 26, 52, 26)0.61NEUTRAL

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 44.88, 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 decrease by -8.49% to hit our $ 0.526751 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/29926/flow-prediction-july-13-2023/