FLOW is an open-source technology that has been designed to offer maximal efficiency and sustainability in the realm of Web 3.0. In recent weeks the coin has experienced a decline which has been attributed to the volatility of larger cryptocurrencies such as Bitcoin. Still, there are a number of factors which point to potential gains in the future and the current dip providing a unique opportunity for potential investors.

Analysts point to the 332 per cent surge in interactions among buyers in the last 24 hours as evidence of positive sentiment, with the EMA ribbon likewise illustrating bearish attributes. The Bollinger Bands also seem to signal a 'sideway' movement for the coming days, whilst the On-Balance Volume points get a possible uptick in the future. Super Trends presently point to a 'bearish' trend for the near future.

In the four hour chart, more positive signs have been seen, such as the Commodity Channel Index reaching positive ranges, and MACD displaying positive crossover. The Relative Strength Index has also moved slightly away from the 40-range, indicating a decline in seller interest and an increase in buyers.

Therefore, despite the current downtrend that is being experienced by FLOW, there are a number of signs suggesting a possible rebound in the near future. If the dip continues, then it could be a great opportunity for investors, but the holders are encouraged to look towards the support levels at $0.865 and $0.650 if they wish to hold in the meantime. There are also the resistance levels at $1.070 and $1.235.



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