Technical Analysis: Flow Climbs Close to 30% to Enter Top 50
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Technical Analysis: Flow Climbs Close to 30% to Enter Top 50

THELOGICALINDIAN - Flow is trading about 30 college on Saturday as the majority of the crypto top 100 are in the blooming Todays move sees breeze additionally access the top 50 cryptocurrencies by bazaar cap

Biggest Gainers

Following a bearish end to the alive week, cryptocurrency markets are blooming beyond the lath to alpha the weekend.

Notable gainers included solana, which is up over 10%, whilst SAND is additionally trading higher, and is up about 15% as of writing.

However, the bright balderdash of the day is FLOW, which as of autograph is up about 23%, hitting an intraday aerial of $6.62 in the process.

The move began afterwards FLOW/USD rallied from contempo abutment of $4.50, area it aftermost traded on Thursday, to now hitting an intraday aerial of $6.62 two canicule later.

Saturday’s billow saw breeze move accomplished aave, to become the #50 ranked cryptocurrency beyond the globe, by bazaar cap.

Looking at the chart, the RSI is tracking at 47, which is about its arch point this year, whilst prices attending to be at attrition of $6.48.

Should amount backbone abide to surge, we could see FLOW/USD at $8.00 eventually than later.

Biggest Losers

As of writing, alone two out of the top 100 cryptocurrencies are trading lower on Saturday, as yesterday’s bears assume to be active this weekend.

One of the bears that remained was LEO, which as of autograph is trading about 1% lower, hitting an intraday low of $3.36 as a result.

Looking at the blueprint below, today’s abatement has resulted in LEO/USD breaking beneath the 0.382 Fibonacci level, which has additionally acted as its contempo abutment point.

In accession to the breakout, the 14-day RSI is tracking about 36, which is abutting to its everyman akin back November, back it was priced at $2.75.

Could we see LEO backlash over the weekend? Let us apperceive your thoughts in the comments.

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