Flow Price Prediction – FLOW Price Estimated to Drop to $0.684348 By May 22, 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 up 3.33% today against the US Dollar
• FLOW/BTC increased by 4.86% today
• FLOW/ETH increased by 4.71% today
• Flow is currently trading 14.05% above our prediction on May 22, 2023
• Flow dropped -24.19% in the last month and is down -74.56% since 1 year ago

FLOW price is expected to drop by -12.32% in the next 5 days according to our Flow price prediction

Flow price today is trading at $ 0.780531 after gaining 3.33% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.80% in the same time period. FLOW performed well against BTC today and recorded a 4.86% gain against the world’s largest cryptocurrency.

According to our Flow price prediction, FLOW is expected to reach a price of $ 0.684348 by May 22, 2023. This would represent a -12.32% 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 negative trend recently, as the coin lost -24.19% in the last 30-days. The medium-term trend for Flow has been bearish, with FLOW dropping by -33.10% in the last 3 months. The long-term picture for Flow has been negative, as FLOW is currently displaying a -74.56% 1-year price change. On this day last year, FLOW was trading at $ 3.07.

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 $ 1.44, while the cycle low is at $ 0.641314. FLOW has been displaying low volatility recently – the 1-month volatility of the coin is at 9.45. Flow recorded 16 green days in the last 30 days.

Flow technical analysis for today – May 17, 2023

The sentiment in the Flow markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.755313, $ 0.745405 and $ 0.739658, while $ 0.770968, $ 0.776715 and $ 0.786623 are the key resistance levels.

Bearish sentiment for Flow

12 indicators are currently signaling a bullish prediction for Flow, while 16 indicators are showing a bearish forecast. With 57% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Flow.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 50 (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.

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.

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 31.90, 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 -12.32% to hit our $ 0.684348 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.