In November, the altcoin market saw a rally with major tokens like ETH, SOL, XRP, ADA, and DOGE surging. Ethereum hit $3.7K, increasing anticipation for the altcoin season. Flare (FLR) also rallied by 18.20%, trading at $0.02839 with a market cap of $1.50 billion and a daily trading volume of $89.41 million. FLR experienced a bullish trajectory, reaching a daily high of $0.03141 from a low of $0.02349. The monthly price chart shows a gain of over 108% for FLR. The four-hour price chart indicates current bullish momentum, with potential to reach the $0.03216 mark if the altcoin continues to trade in a bullish territory. If the upward trajectory fades, a downside correction may occur, testing support at the $0.024 level. The technical indicators for FLR suggest positive sentiment and building upward momentum in the market. The asset's daily trading volume has also increased by over 467%.
- Content Editor ( thenewscrypto.com )
- 2024-11-30
Is Flare (FLR) Poised for More Gains After an 18% Rally?