Lokesh Gupta
16-01-2024
News of Google Cloud potentially joining Flare network as a Validator led to a sudden 20% surge in Flare coin price in the last 24 hours.
Flare price, initially trading between $0.01600 and $0.01950, gained momentum as bulls successfully broke through resistance, resulting in a 20% jump.
Despite multiple attempts, bulls faced rejection at the $0.02346 level.
After consolidation within a symmetric triangle pattern, Flare token price broke out with high volume.
Presently, Flare Price is trading above the 20-50-100 and 200 Day Moving Average.
If bulls breach $0.02346, Flare token price may test $0.0250, while bear dominance could lead to a drop to $0.02185, testing support.
Based on Coingabbar prediction, Flare Coin Price Prediction 2025 will be around $0.05000.
KEY LEVELS :
RESISTANCE LEVEL : $0.03000-$0.03700
SUPPORT LEVEL : $0.01600-$0.01000
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
5 months ago
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