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FLOW is up by greater than 8% right this moment, outperforming the opposite cash and tokens within the high 100 listing.
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The broader crypto market has recovered from its poor efficiency this week.
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Bitcoin and Ether are buying and selling within the pink zone.
FLOW outperforms the opposite main cryptocurrencies
FLOW, the native coin of the Circulation blockchain, emerged as one of the best performer amongst the highest 100 cryptocurrencies by market cap on Tuesday. The coin has added greater than 8% to its worth right this moment and will rally increased quickly.
At press time, the price of FLOW stands at $0.7193. There is no such thing as a catalyst behind FLOW’s ongoing constructive efficiency.
The surge comes because the broader crypto market recovers from its earlier droop. The whole cryptocurrency market cap stands above $805 billion, up by lower than 1% within the final 24 hours.
Whereas FLOW is rallying, among the main cryptocurrencies are outperforming. Bitcoin is down by lower than 1% right this moment and will file additional losses within the coming hours. The price of Bitcoin at present stands at $16.735. In the meantime, ETH has additionally misplaced lower than 1% of its worth and is now buying and selling at $1,215 per coin.
Key ranges to observe
The FLOW/USD 4-hour chart has simply turned bullish, as FLOW has been performing nicely within the final 24 hours. The technical indicators present that FLOW might rally increased quickly.
The 14-day relative energy index of 75 exhibits that FLOW could possibly be heading towards the overbought area if the rally continues.
The MACD line crossed into the constructive zone a couple of hours in the past, indicating that the bulls are actually in cost. With a extra bullish transfer, FLOW might surge previous the primary main resistance stage at $0.874 earlier than the tip of the day.
With the help of the broader cryptocurrency market, FLOW might cross the $1 psychological stage for the primary time since December 11.
The place to purchase FLOW now
Uphold
Uphold is a platform which has over 50 cryptocurrencies to select from.
It is customers could make crypto trades with a checking account, bank card or crypto debit card. It has variable charges and permits customers to automate trades.
Customers who’re on Courageous’s web browser may earn BAT tokens based mostly on their looking habits.
Binance
Binance is likely one of the largest cryptocurrency exchanges on the planet. It’s higher suited to extra skilled traders and it gives numerous cryptocurrencies to select from, at over 600.
Binance can be identified for having low buying and selling charges and a a number of of buying and selling choices that its customers can profit from, corresponding to; peer-to-peer buying and selling, margin buying and selling and spot buying and selling.