Technical Analysis: Flow Moves Higher, as SHIB Climbs 12%
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Technical Analysis: Flow Moves Higher, as SHIB Climbs 12%

THELOGICALINDIAN - Following a 12 abatement bygone shiba inu SHIB rose by that aforementioned allotment today as beasts already afresh boarded the rocket address This comes as prices of FLOW were additionally college during the session

Biggest gainers

Price movement in SHIB continues to be volatile, with the meme bread ascent by as abundant as 60% in the aftermost week.

However, it was FLOW that anchored the appellation balderdash of the day, as it rose by as abundant as 20% in today’s session.

FLOW/USD, which was trading at a low of $7.01 on Tuesday, climbed to an intraday aerial of $8.52 beforehand today.

This move saw FLOW already afresh hit its abiding attrition akin of $8.25, a akin which has been in abode for the majority of this year so far.

This contempo billow led to amount backbone affective into overbought territory, with a accepted account of 65, which is its accomplished akin back August 29.

With prices not alone overbought but additionally trading at resistance, today’s acceleration which currently stands at 17.87%, may be abutting its end.

Biggest losers

There seems to be a trend forming, area one day’s better balderdash turns out to be the better buck the actual abutting day.

Following a 50% acceleration on Monday, SHIB fell by bifold digits yesterday, and now LEO has followed this arrangement today.

LEO/USD, which hit a aerial of $7.70 on Tuesday, fell to an intraday low of $6.68 during the advance of today’s session.

The move appears to accept amorphous at what appears to be a concise beam of $7.66, and comes as amount backbone additionally reversed.

After such a accelerated acceleration in amount yesterday, it was assured that profit-takers would attending to defended winnings.

Has the course already angry on LEO, or will we see added rises this week? Let us apperceive your thoughts in the comments.

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