The Flow price prediction shows that FLOW may cross above the 9-day moving average to hit the $3.0 resistance level.
Flow Prediction Statistics Data:
- Flow price now – $2.8
- Flow market cap – $3 billion
- Flow circulating supply – 1.04 billion
- Flow total supply – 1.3 billion
- Flow Coinmarketcap ranking – #28
FLOW/USD Market
Key Levels:
Resistance levels: $3.5, $3.7, $3.9
Support levels: $2.5, $2.3, $2.1
FLOW/USD bulls are trying to push the coin above the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) reveals that the market may embark on a positive movement as the signal line moves to cross above the 60-level.
Flow Price Prediction: FLOW Price Follows the Uptrend
The Flow price is changing hands at $2.8 where it faces up. If the coin breaks the $3.0 resistance level, the coin may begin the upward movement by crossing above the 9-day and 21-day moving averages. However, the nearest resistance levels may be located at $3.5, $3.7, and $3.9, while falling below the 21-day moving average and moving towards the lower boundary of the channel could reach the support levels of $2.5, $2.3, and $2.1 respectively giving a fade bullish trading volume.
FLOW/BTC Market: Flow Price May Consolidate to Upside
When compared with Bitcoin, the Flow price is moving towards the 9-day moving average as the bulls head to the positive side. On the downside, if the market price fall and drop towards the lower boundary of the channel, the next support level may surface at 1200 SAT to locate further key support at 1000 SAT and below if the sell-off later becomes huge.
On the upside, if the bulls push the price above the upper boundary of the channel; further bullish movement may hit the potential resistance level at 1550 SAT and above while the signal line of the Relative Strength Index (14) moves above the 60-level to continue the bullish movement. On the other hand, if it moves below this level, it may bring more bearish pressure into the market.
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Source: https://insidebitcoins.com/news/flow-price-prediction-for-today-august-9-flow-may-trend-upwards