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Flow is Trading -23.52% Below Our Price Prediction for May 02, 2024

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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 -3.45% today against the US Dollar
  • FLOW/ETH decreased by -3.51% today
  • Flow is currently trading 23.52% below our prediction on May 02, 2024
  • Flow dropped -35.46% in the last month and is down -0.87% since 1 year ago
Flow price$ 0.888798
Flow prediction $ 1.16 (30.19%)
Sentiment Bearish
Fear & Greed index 67 (Greed)
Key support levels$ 0.891686, $ 0.879431, $ 0.860852
Key resistance levels$ 0.922519, $ 0.941098, $ 0.953353

FLOW price is expected to rise by 30.19% in the next 5 days according to our Flow price prediction

Flow price today is trading at $ 0.888798 after losing -3.45% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.81% in the same time period. FLOW performed poorly against BTC today and recorded a -1.53% loss against the world’s largest cryptocurrency.

According to our Flow price prediction, FLOW is expected to reach a price of $ 1.16 by May 02, 2024. This would represent a 30.19% price increase 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 -35.46% in the last 30-days. The medium-term trend for Flow has been bullish, with FLOW increasing by 18.06% in the last 3 months. The long-term picture for Flow has been negative, as FLOW is currently displaying a -0.87% 1-year price change. On this day last year, FLOW was trading at $ 0.896628.

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 $ 1.68, while the cycle low is at $ 0.391680. FLOW has been displaying high volatility recently – the 1-month volatility of the coin is at 16.68. Flow recorded 13 green days in the last 30 days.

Flow technical analysis for today - Apr 27, 2024

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 $ 0.891686, $ 0.879431 and $ 0.860852, while $ 0.922519, $ 0.941098 and $ 0.953353 are the key resistance levels.

Bearish sentiment for Flow

7 indicators are currently signaling a bullish prediction for Flow, while 22 indicators are showing a bearish forecast. With 76% 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 67 (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$ 0.921540 (SELL)$ 0.906145 (SELL)--
MA5$ 0.955161 (SELL)$ 0.929387 (SELL)--
MA10$ 1.00 (SELL)$ 1.00 (SELL)--
MA21$ 1.05 (SELL)$ 1.11 (SELL)-$ 22.28 (BUY)$ 1.01 (SELL)
MA50$ 1.21 (SELL)$ 1.15 (SELL)-$ 18.07 (BUY)$ 0.940317 (SELL)
MA100$ 1.05 (SELL)$ 1.07 (SELL)-$ 10.08 (BUY)$ 0.616395 (BUY)
MA200$ 0.859813 (BUY)$ 0.949386 (SELL)--

PeriodValueAction
RSI (14)38.42BUY
Stoch RSI (14)84.25SELL
Stochastic Fast (14)33.98NEUTRAL
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)31.59SELL
Awesome Oscillator (5, 34)-0.19NEUTRAL
Momentum (10)0.05NEUTRAL
MACD (12, 26)0.01NEUTRAL
Williams Percent Range (14)-66.02NEUTRAL
Ultimate Oscillator (7, 14, 28)53.09NEUTRAL
VWMA (10)0.91BUY
Hull Moving Average (9)0.98SELL
Ichimoku Cloud B/L (9, 26, 52, 26)1.07NEUTRAL

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 38.42, 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 increase by 30.19% to hit our $ 1.16 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.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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