Key takeaways:
Flow coin, the native token of the Flow blockchain created by Dapper Labs, is essential for powering decentralized applications (dApps) and digital assets. Flow aims to provide a high-performance, user-friendly platform that tackles scalability without sacrificing decentralization. Its unique architecture allows developers to build secure and efficient smart contracts.
FLOW, its native token, has several key uses within the ecosystem, including paying transaction fees, staking, and participating in network governance. The growing number of dApps and users on the platform drives demand for Flow coin, influencing FLOW’s price movements.
Given Flow coin’s strong fundamentals and growing support levels in the ecosystem, the question arises: how high can FLOW go?
Cryptocurrency | Flow |
Token | FLOW |
Price | $0.5383 |
Market Cap | $819,730,636 |
Trading Volume | $47,861,914 |
Circulating Supply | 1,534,646,166 FLOW |
All-time High | $46.16, Apr 05, 2021 |
All-time Low | $0.3921, Sep 12, 2023 |
24-hour High | $0.5915 |
24-hour Low | $0.5299 |
Metric | Value |
Price Prediction | $1.829282 (227.17%) |
Volatility | 5.78% |
50-Day SMA | $ 0.565895 |
14-Day RSI | 42.41 |
Sentiment | Bearish |
Fear & Greed Index | 42 (Fear) |
Green Days | 17/30 (57%) |
200-Day SMA | $ 0.786639 |
Period | Value | Action |
SMA 3 | $ 0.56355 | SELL |
SMA 5 | $ 0.584792 | SELL |
SMA 10 | $ 0.601124 | SELL |
SMA 21 | $ 0.591314 | SELL |
SMA 50 | $ 0.565895 | SELL |
SMA 100 | $ 0.585815 | SELL |
SMA 200 | $ 0.786639 | SELL |
Period | Value | Action |
EMA 3 | $ 0.577962 | SELL |
EMA 5 | $ 0.56806 | SELL |
EMA 10 | $ 0.558828 | SELL |
EMA 21 | $ 0.562887 | SELL |
EMA 50 | $ 0.59657 | SELL |
EMA 100 | $ 0.671773 | SELL |
EMA 200 | $ 0.752768 | SELL |
FLOW has demonstrated some positive momentum in the crypto market recently, showing a gradual increase in value, which might appeal to short-term traders looking for quick gains. However, for long-term investors, the potential of FLOW as a good investment hinges on its ability to achieve widespread adoption, maintain technological innovation, and secure strong partnerships within the blockchain ecosystem.
TL;DR Breakdown
The Flow coin price analysis for October 3 shows that the coin has been facing a bearish trend in the market for the last 24 hours. The price has been trading in a descending triangle pattern and has set support at $0.5137. The current FLOW price is trading around the $0.5246 range, which is a few points above the support. The overall market sentiment for Flow remains bearish, with bears exerting strong selling pressure on the cryptocurrency.
The price analysis of Flow coin, as shown on the 1-day chart, indicates a period of steady decline following a bullish trend that ended earlier today. After reaching a high near $0.60, the coin has seen consistent downward pressure, with the current price hovering around $0.5246. This decline in price suggests that the market sentiment has turned bearish, with sellers dominating the market in recent days.
The MACD shows a bearish crossover, with the MACD line below the signal line, further confirming the bearish momentum. The relative strength index (RSI) for FLOW on the one-day chart is currently at 38.35, showing that the market is in oversold territory.
The Flow coin price analysis on the 4-hour chart shows a continuation of a downtrend, with the coin current price around $0.5246. The bearish trend is further confirmed by a series of lower highs and lower lows, which indicates that the downward momentum in the FLOW value is still strong. The overall price action suggests that sellers are still in control, with no significant bullish reversal in sight.
Looking at the indicators, the RSI is at 29.76, showing that the market is in a downward trend. The MACD (Moving Average Convergence Divergence) also shows bearish momentum, with the MACD line below the signal line, and the histogram showing increasing negative values, which indicates continued downward pressure.
Flow price analysis shows bearish market sentiment, with strong selling pressure affecting the coin’s value.The one-day and four-hour charts both indicate a downward trend for FLOW, with technical indicators pointing towards a continuation of the bearish momentum.
FLOW has the potential for recovery if it can break through resistance levels and maintain momentum. The market’s current consolidation phase suggests a possible breakout, which could either see selling pressure and drive prices higher or lead to further declines. Close monitoring is crucial as market dynamics remain volatile.
Yes, Flow coin is projected to reach $2 by 2027, with a potential peak of $2.34. This indicates that FLOW is a cryptocurrency market expected to hit and surpass the $2 mark within the next few years.
Flow will reach $5 by 2030, with a projected peak of $5.75. This suggests significant growth potential, positioning current Flow price to exceed the $5 mark soon.
Based on current predictions, Flow coin is unlikely to reach $10 by 2030. The maximum projected price for 2030 is $7.12, indicating that while substantial growth in flow market is anticipated, reaching $10 may require further advancements.
Reaching $100 would require significant price action and sustained growth beyond this trajectory, which may not be feasible in the near term without major market catalysts.
Projections suggest substantial growth over the coming years, with a potential peak of $7.12 by 2030. This positive outlook reflects a below market cap, strong potential for sustained value appreciation and continued market relevance.
Per expert opinion, the Flow coin price predictions for October 2024 suggests a minimum price of $0.595, an average price of $0.761, and a maximum price of $0.927.
FLOW price prediction | Minimum Price | Average Price | Maximum Price |
FLOW price prediction October 2024 | $0.595 | $0.761 | $0.927 |
Flow price forecasts for 2024 suggest a minimum price of $0.6180, an average price of $0.6476, and a maximum price of $0.6969.
FLOW price prediction | Minimum Price | Average Price | Maximum Price |
FLOW price prediction 2024 | $0.6180 | $0.6476 | $0.6969 |
Year | Minimum | Average | Maximum |
2025 | $0.9243 | $0.9502 | $1.09 |
2026 | $1.29 | $1.34 | $1.60 |
2027 | $1.93 | $1.99 | $2.26 |
2028 | $2.95 | $3.03 | $3.40 |
2029 | $4.21 | $4.36 | $5.10 |
2030 | $6.04 | $6.21 | $7.37 |
For 2025, Flow’s price prediction indicates a potential peak of $1.09, a minimum price of $0.9243, and an average valuation of $0.9502.
In 2026, Flow price predictions suggest a prevailing bullish market sentiment. Investors can anticipate a maximum price of $1.60, a minimum price of $1.29, and an average market price of $1.34.
Based on the 2027 Flow coin price prediction, investors could potentially see significant profit opportunities. Expert projections anticipate the cryptocurrency reaching a peak price of $2.26, maintaining an average price of $1.99, and a minimum price of $1.93.
The Flow coin price prediction for 2028 suggests a maximum trading price of $3.40, an average price of $3.03, and a minimum price of $2.95.
In 2029, the Flow price forecast suggests a notable appreciation in value, with a projected peak price of $5.10. Additionally, traders can expect an average trading price of $4.36 and a minimum price of $4.21.
The Flow coin price prediction for 2030 suggests a maximum trading price of $7.37, an average price of $6.21, and a minimum price of $6.04.
Firm Name | 2024 | 2025 |
Changelly | $0.790 | $1.52 |
DigitalCoinPrice | $1.32 | $1.53 |
Swap Space | $0.675 | $2.07 |
Cryptopolitan’s price predictions for Flow coin highlight a positive outlook over the coming years. For 2024, the coin is expected to range from $0.6180 to $0.6969. By 2027, the Flow price forecast suggests the coin could reach as high as $2.26 while maintaining an average price of $1.99. Looking forward to 2030, investors can expect FLOW to reach a maximum price of $7.37 and an average price of $6.21.
Flow price history. Image source: Coinmarketcap