Flow Price Prediction – How Much Will Flow Be Worth in 2022?
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- Bullish FLOW price prediction is $7.28 to $13.11.
- The FLOW price will also reach $15 soon.
- FLOW bearish market price prediction for 2022 is $4.37.
In Flow’s (FLOW) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about FLOW to analyze the future movement of the cryptocurrency.
Flow Current Market Status
According to CoinGecko, the price of FLOW is $6.77 with a 24-hour trading volume of $145,509,678 at the time of writing. However, FLOW has increased nearly 12.3% in the last 24 hours.
Moreover, FLOW has a circulating supply of 318,082,398 FLOW. Currently, FLOW trades in cryptocurrency exchanges such as Binance, OKX, Bybit, Huobi Global, and Mandala Exchange.
What is Flow (FLOW)?
Flow is a decentralized developer-friendly blockchain ecosystem. Moreover, it is developed as the foundation for a new generation of games, applications, and the digital asset that powers. More so, the FLOW is the layer-one blockchain that was developed originally by a team that has gradually delivered great consumer blockchain experiences like CryptoKitties, NBA Top Shot, Dapper Wallet.
Flow (FLOW) Price Prediction 2022
Flow holds the 60th position on CoinGecko right now and price prediction 2022 is explained below with a daily time frame.
An ascending channel is a chart pattern from two upward trend lines drawn above and below a price representing resistance and support levels. The ascending channel is known as a rising channel and channel up. The lower line is identified first, as running along with the lows: it defines the trend line.
The upper line is identified as parallel to the trendline, running along with the highs. It is a bullish chart pattern defined by a trend line supporting the series of higher lows and a diagonal resistance level connecting the higher highs.
Currently, FLOW is in the range of $6.7. If the pattern continues, the price of FLOW might reach the resistance level of $7.28. If the trend reverses, then the price of FLOW may fall to $4.59.
Flow (FLOW) Support and Resistance Level
The below chart shows the support and resistance level of FLOW.
From the above daily time frame, it is clear the following are the resistance and support levels of FLOW.
| Resistance Level 1 | $7.28 |
| Resistance Level 2 | $9.73 |
| Resistance Level 3 | $13.11 |
| Resistance Level 4 | $16.73 |
| Support Level 1 | $5.66 |
| Support Level 2 | $4.37 |
The charts show that FLOW has performed a bullish trend over the past month. If this trend continues, FLOW might run along with the bulls overtaking its resistance level at $16.73.
Accordingly, if the investors turn against the crypto, the price of the FLOW might plummet to almost $4.37, a bearish signal.
Flow Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of FLOW shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of FLOW lies below the cutoff line, indicating weaker participants in the current trend.
More so, the FLOW’s Moving Average (MA) shown in the chart above. Currently, FLOW is in a bearish state. Notably, the FLOW price lies below 50 MA (short-term), so it is completely in a downward trend. Therefore, there is a possibility of a reversal trend of FLOW at any time.
Meanwhile, the relative strength index (RSI) of the FLOW is at level 49.57. This means that FLOW is in a nearly oversold state. However, this means a major price reversal of FLOW may occur in the upcoming days. So, traders need to trade carefully.
Flow Price Prediction 2022 — ADX, RVI
Let us now look at Flow’s Average Directional Index (ADX). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Flow. Currently, FLOW lies in the range of 30.1, so it indicates a strong trend.
From the above chart, the Relative Volatility Index (RVI) of FLOW. RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of FLOW lies above the 50 levels, indicating that the direction of volatility is high. In fact, FLOW’s RSI is at 49.57 level thus confirming a potential sell signal.
Comparison of FLOW with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Flow.
From the above chart, we can identify the trend of the ETH, BTC, and FLOW is moving at the same level as the trend. This indicates that when the price of BTC increases or decreases, the price of ETH and FLOW also increases or decreases respectively.
Conclusion
With continuous improvements in the Flow network, we can say that 2022 is a good year for FLOW. For this reason, the bullish price prediction of Flow in 2022 is $13.11. On the other hand, the bearish FLOW price prediction for 2022 is $4.37.
Furthermore, with the advancements and upgrades on the FLOW ecosystem, the performance of FLOW would help to reach above its current all-time high (ATH) $9.73 very soon. But, it might also reach $15 if the investors believe that FLOW is a good investment in 2022.
FAQ
Flow is a secure, fast and developer-friendly blockchain designed to support the next generation of games, apps and digital assets.
FLOW has listed on many crypto exchanges which include Binance, OKX, Bybit, Huobi Global, and Mandala Exchange.
With the ongoing developments and upgrades within the FLOW platform, it has a high possibility of reaching its ATH soon.
On Apr 05, 2021, FLOW reached its new all-time high (ATH) of $42.40.
Flow (FLOW) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of FLOW in the past few months, FLOW is considered a good investment in 2022.
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 $15 soon.
Flow (FLOW) price is expected to reach $25 by 2023.
Flow (FLOW) price is expected to reach $32 by 2024.
Flow (FLOW) price is expected to reach $40 by 2025.
Flow (FLOW) price is expected to reach $50 by 2026.
Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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