FLOW (FLOWUSDT) Closes Cautiously Higher – Analysis – 12-30-2024
The price of FLOW /USD (FLOWUSDT) advanced during its recent trading at the moment levels, supported by the occurrence of positive signals from the relative strength indicators, amid the dominance of the downward corrective trend in the short term, with the continuation of negative pressure due to its trading below its simple moving average for the previous 50-day period, so that the price tries with this rise to compensate for part of the previous losses it incurred.
Therefore, our expectations suggest the return of the currency price decline during its upcoming trading, as long as the resistance level of $0.811 remains stable, targeting the important support level of $0.630.
Therefore, our expectations suggest the return of the currency price decline during its upcoming trading, as long as the resistance level of $0.811 remains stable, targeting the important support level of $0.630.
The expected direction for the upcoming trading: Likely to decline $FLOW