In FLOW Price Prediction, Flow is a revolutionary blockchain designed specifically for the modern-day app and game developers. Developed by the same team that has produced renowned games like Crypto Kitties, this blockchain has been designed from the ground up to accelerate its mainstream adoption. The network has a multi-role architecture which plays a critical role in delivering a resource-oriented programming language to developers.

Its applications extend from smart contracts through to the Non-Fungible Token (NFT) sectors, with the network being used by more than 11,000 developers and achieving more than 20m user accounts with a mind-boggling 360m transactions in total. With its market cap of $902m, the asset currently stands at 53rd amongst the cryptoverse.

The weekly technical analysis of the asset price reveals a clear battle between the bulls and the bears, with the Total Value Locked (TVL) of the asset being in a state of consolidation. This is mainly to do with the trading price hovering just above the value of $0.87, however, there is a fall of 0.87% observed in the intraday session.

The outlook looks positive, with the price looking to make a run to the resistance of $1 if the underlying momentum sets in. However, analysts believe it may hit the floor of $0.6, which is seen as the major support in terms of technical analysis. The Relative Strength Index (RSI) of FLOW is at 40, indicating the asset is in a state of neutrality without any real direction for the time being.

Reinforcing the consolidated trend of the asset’s price, the data from Defilama suggests its Total Value Locked (TVL) continues to remain stagnant. So, in summary, FLOW Price Prediction is currently in a symmetrical pattern, meaning its future momentum is unpredictable. But with the major resistance and support in place, we may soon find out what the ‘flow’ of the asset will be.



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