The post FLARE Price Jumps Despite Bearish Clouds! What’s Next For Flare Price This Week? appeared first on Coinpedia Fintech News
Despite the crypto industry displaying a bearish momentum, the Flare token has managed to record a jump of over 5% in its valuation, indicating a bullish influence for this crypto token in the market.
The Flare price traded in a closed range between $0.01649 and $0.01833 for a brief period, following which the market gained momentum and the price broke out of the range. The price jumped over 42% before facing rejection at $0.02346.
TradingView: FLARE/USDT
Following this, the price traded in a consolidated range between $0.02026 and $0.02346 for over two weeks, indicating a weak price action for the coin in the market.
After multiple failed attempts, the FLARE token successfully broke out of the resistance level and recorded a jump of approximately 27.5% in valuation. Following this, the price faced rejection at $0.02844 and traded sideways for a short p
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