Flow is a blockchain focused on creating decentralized games and issuing NFT tokens. Anyone can issue NFTs in a decentralized environment, and users can instantly purchase assets with near-zero fees.
Even during the bear market in 2022, the project was actively increasing partners, including Facebook, Ubisoft, NBA, UFC and others.
🛠️What about technical analysis?
From its historical highs, the coin fell by -95% and the worst is already over.
Now the coin is actively trying to break out of the long-term downward trend, the key resistance level and the moving MA200d. Trading volume has increased strongly over the past couple of weeks, indicating a bottom is forming. The indicators have just begun to leave the oversold zone.
Purchase FLOW
Ticker: FLOWUSDT
✳️ Entry price: $0.77
🛡 Stop loss: I recommend taking a trade for investment without a stop.
💼 Volume per transaction: up to 1% of the crypto portfolio.
🎯 Goals: $3; $8.3; $24.7.
📈 Rocket growth potential: up to 1000% by the end of 2024.
In the coming months I am considering two options:
1) The coin will continue to be in the “accumulation” stage and will trade in the range of $0.5-1.4, and then go much higher.
2) The coin will immediately test the $1.4 level from the current ones and after a short consolidation it will go higher.
In any case, I plan to accumulate this coin in the medium term and gradually fix it as it grows.
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