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The Flux crypto smashed below the 20-day EMA and currently rests near the 50-day EMA.
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The price-performance shows that the FLUX lost nearly 15% of its value last week.
The Flux crypto trades lightly in Intraday on Saturday and delivers swift gains. The crypto traded close to 1.11 USD intraday, reporting a positive intraday gain of nearly 1.10%.
The price seems to struggle to gain traction from the 50-day EMA. The 20-day EMA breakdown has encouraged the bears, and they are attempting to break the price more to gain control over the short-term trend.
Meanwhile, the Bulls are attempting to defend the price above the 50-day EMA in order to keep the trend bullish. The long-term trend outlook is positive, with an over 97.8% gain in the past three months.
The price-performance shows that the crypto has performed well in the last 1 year except for the last week. The price has noted a drawdown of 15% in the previous one week. Also, the
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