.png)
9 months ago
6
ARTICLE AD BOX
- Bullish FLOW price prediction for 2024 is $0.840 to $1.407.
- Flow (FLOW) price might reach $1 soon.
- Bearish FLOW price prediction for 2024 is $0.242.
In this Flow (FLOW) price prediction 2024, 2025-2030, we will analyze the price patterns of FLOW by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
FLOW (FLOW) PRICE PREDICTION 2024 |
|
| FLOW (FLOW) PRICE PREDICTION 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Flow (FLOW) Current Market Status
| Current Price | $1.58 | 24 – Hour Price Change | 1.63% Down |
| 24 – Hour Trading Volume | $222,534,437 |
| Market Cap | />$2,360,312,718 |
| Circulating Supply | 1,493,452,839 FLOW | All – Time High | $46.16 (On Apr 05, 2021) |
| All – Time Low | $0.3921 (On Sep 12, 2023) |
What is Flow (FLOW)?
| TICKER | FLOW |
| BLOCKCHAIN | Flow Blockchain |
| CATEGORY | Peer-to-Peer Platform |
| LAUNCHED ON | October 2020 |
| UTILITIES | Governance, Staking, and Transaction Fees. |
FLOW is the native currency of the Flow network, offering a decentralized platform designed to support high-throughput applications, particularly focusing on gaming, non-fungible tokens (NFTs), and decentralized finance (DeFi). Launched by Dapper Labs in 2020, Flow distinguishes itself with its scalability, developer-friendly environment, and support for various digital assets and applications.
Further, Flow employs the proof-of-stake (PoS) consensus protocol for blockchain security. The network comprises four types of nodes: Collector for efficiency, Execution for speed and scalability, Verifier for accuracy, and Consensus for decentralization. Dapper Labs, the creators of Flow, are renowned for launching projects such as Cryptokitties and NBA TopShot.
FLOW 24H Technicals
(Source: TradingView)
Flow (FLOW) Price Prediction 2023
Flow (FLOW) ranks 55th on CoinMarketCap in terms of its market capitalization. The overview of the Flow price prediction for 2023 is explained below with a daily time frame.
In the above chart, Flow (FLOW) laid out a Descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend. It is formed by the upper trend line that connects the highs and a horizontal trend line connecting the lows converges to form a triangle. If the price action breaches the lower support level, the bearish trend will be sustained.
Generally, a descending triangle pattern indicates the reversal of an uptrend or the continuation of the downtrend. Traders keenly look out for a significant breakout point.
At the time of analysis, the price of Flow (FLOW) was recorded at $1.58. If the pattern trend continues, then the price of FLOW might reach the resistance level of $1.035 and $1.261. If the trend reverses, then the price of FLOW may fall to the support of $0.680.
Flow (FLOW) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Flow (FLOW) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of Flow (FLOW) for 2024.
| Resistance Level 1 | $0.840 |
| Resistance Level 2 | $1.407 |
| Support Level 1 | $0.437 |
| Support Level 2 | $0.242 |
Flow (FLOW) Price Prediction 2023 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Flow (FLOW) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current Flow (FLOW) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.735 Price = $0.791 (50MA < Price) | Bullish/Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 74.307 <30 = Oversold 50-70 = Neutral> 70 = Overbought | Overbought |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Flow (FLOW) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Flow (FLOW) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of Flow (FLOW).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 21.997 | Strong Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 45.70 <50 = Low >50 = High | Low volatility |
Comparison of FLOW with BTC, ETH
Let us now compare the price movements of Flow (FLOW) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of FLOW is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of FLOW also increases or decreases respectively.
Flow (FLOW) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Flow (FLOW) between 2025, 2026, 2027, 2028, 2029 and 2030.
| Year | Bullish Price | Bearish Price |
| Flow (FLOW) Price Prediction 2025 | $5 | $0.32 |
| Flow (FLOW) Price Prediction 2026 | $10 | $0.42 |
| Flow (FLOW) Price Prediction 2027 | $13 | $0.48 |
| Flow (FLOW) Price Prediction 2028 | $15 | $0.53 |
| Flow (FLOW) Price Prediction 2029 | $18 | $0.62 |
| Flow (FLOW) Price Prediction 2030 | $20 | $1.2 |
Conclusion
If Flow (FLOW) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Flow (FLOW) price prediction for 2024 is $1.407. Comparatively, if unfavorable sentiment is triggered, the bearish Flow (FLOW) price prediction for 2024 is $0.242.
If the market momentum and investors’ sentiment positively elevate, then Flow (FLOW) might hit $1. Furthermore, with future upgrades and advancements in the Flow ecosystem, FLOW might surpass its current all-time high (ATH) of $46.16. and mark its new ATH.
FAQ
1. What is Flow (FLOW)?
Flow is a blockchain platform designed for high-throughput applications, including gaming and NFTs. Its native currency, FLOW, powers transactions, staking, and governance within the network.
2. Where can you purchase Flow (FLOW)?
Flow (FLOW) has been listed on many crypto exchanges, which include Binance, Bybit, OKX, Bitunix, and DigiFinex.
3. Will Flow (FLOW) reach a new ATH soon?
With the ongoing developments and upgrades within the Flow platform, FLOW has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Flow (FLOW)?
On April 5, 2021, Flow (FLOW) reached its new all-time high (ATH) of $46.16.
5. What is the lowest price of Flow (FLOW)?
According to CoinMarketCap, FLOW hit its all-time low (ATL) of $0.3921 on September 12, 2023.
6. Will Flow (FLOW) reach $1?
Flow (FLOW) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Flow (FLOW) will hit $1 soon.
7. What will be Flow (FLOW) price by 2025?
Flow (FLOW) price is expected to reach $5 by 2025.
8. What will be Flow (FLOW)price by 2026?
Flow (FLOW) price is expected to reach $10 by 2026.
9. What will be Flow (FLOW) price by 2027?
Flow (FLOW) price is expected to reach $13 by 2027.
10. What will be Flow (FLOW) price by 2028?
Flow (FLOW) price is expected to reach $15 by 2028.
Top Crypto Predictions
Chainlink (LINK) Price Prediction
Router Protocol (ROUTE) Price Prediction
Hedera (HBAR) Price Prediction
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
English (US)