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Flow Price Prediction for Today, November 05: FLOW Rebounds at $1.4 Level

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Flow Price Prediction for Today, November 05: FLOW Rebounds at $1.4 Level
Flow Price Prediction for Today, November 05: FLOW Rebounds at $1.4 Level

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Bulls may continue pushing up the price

FLOWUSD Price Analysis – November 05

Should the bulls push up the Flow, it will be inclined towards the resistance levels at $1.9, $2.0 and $2.1. In case bears increase their momentum, the price may penetrate the support level at $1.7, then, the support levels of 1.5 and $1.4 may be reached..

FLOW/USD Market

Key levels:

Resistance levels: $1.9, $2.0, $2.1

Support levels: $1.7, $1.5, $1.4

 

FLOWUSD Long-term trend: Bullish

Flow is bullish in the daily chart. The coin was under the control of the sellers a couple of weeks ago. The sellers pushed the coin to locate support at $1.4 level. This is the second time the price is testing the level. More daily bullish candles are producing and the price is increasing gradually. The resistance level of $1.5 and $1.7 is broken upside. The resistance level of $1.9 is tested and it is currently pulling back.

There is an increase in the bulls’ momentum as the FLOW is trading above the 9 periods EMA and 21 periods EMA. Should the bulls push up the price, it will be inclined towards the resistance levels at $1.9, $2.0 and $2.1. In case bears increase their momentum, the price may penetrate the support level at $1.7, then, the support levels of 1.5 and $1.4 may be reached. The relative strength index period 14 is at 65 levels with the signal line pointing up to indicate buy signal.

 FLOWUSD medium-term Trend: Bullish

Flow is bullish in the 4-hour time frame. The coin descends from the high of $3.1 to the low of $1.5 support level. The coin is technically changing to bullish direction when the price reached the low of $1.4 support level on 21 October. Price is increasing with the aim of break up the resistance level of $1.9.

Flow is trading above the 9 periods EMA and 21 periods EMA. The Relative Strength Indicator period 14 is at 65 levels exhibiting a buy signal.

IMPT Getting More Popular

The presale of IMPT is increasing daily above $12m. It is an eco-friendly cryptocurrency which specialize on recondition the carbon deposit in the sphere. This is the right period to invest in the presale to acquire large quantity as the price is as low as $0.023.

Dash 2 Trade (D2T) Presale getting Hotter

Dash 2 Trade magnetized more than $4 million in the course of token presale. It is no longer a secret that LBANK Exchange will commence the selling of D2T token and it will be first CEX to carry it out. The organization has achieved much within short period of time after the launching of public token sale.

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