1
At press time, the Flow crypto traded close to $1.004, recording a swift intraday loss of 1.43%.
2
The daily chart shows a consolidation breakdown near the 50-day exponential moving average.
The Flow crypto met with a fresh supply on Friday and made a breakdown of the weekly low value. The selling pressure resumed on Saturday and extended its steady intraday descent in intraday.
When writing, the FLOW cryptocurrency hovered close to 1.004 USD, reporting a negative intraday development of 1.43%. The recent breakdown has dragged the price near the 200-day EMA.
The recent breakdown has shifted the short-term trend towards a correction phase. However, the long-term trend still lies on the positive side. The price seems to have stuck between the 50-day and 200-day EMA.
The breakout or breakdown on either side may indicate a clear trend in the crypto. The breakout above the 50-day EMA may suggest a short-term shift to the bullish side, a
We współpracy z: https://www.thecoinrepublic.com/2024/04/13/flow-crypto-has-depicted-a-huge-drop-can-it-take-a-u-turn-next/
