Flow Price Prediction 2022 – Will FLOW Price Hit $30 Soon?

This Flow (FLOW) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our FLOW price analysis and prediction.

Among the cryptocurrencies that are rallying this year, FLOW is perhaps one of the most surprising for some. It is not directly related to Bitcoin, nor is it the most hyped cryptocurrency today. But for those that are aware, FLOW has been around since 2019. The price of value of Flow has reduced by 80.4% in the past one year.

Can FLOW reach $30 in 2022? We will find out shortly. But before we proceed to our FLOW analysis, let us first answer the question “What is FLOW?” in this FLOW Price Prediction 2022 article.

What is Flow (FLOW)?

Flow is a decentralized, fast, and developer-friendly blockchain developed as the foundation for a new generation of games, applications, and the digital assets that empower them. Moreover, the Flow is the layer-one blockchain originally developed by a team that has consistently offered great consumer blockchain experiences like CryptoKitties, Dapper Wallet, NBA Top Shot.

The FLOW token is the native crypto token for the Flow network. In addition, the keystone for a new, inclusive, and borderless digital economy. More so, in case Flow is the digital infrastructure, FLOW token is the fuel that enables the network. Even more, the FLOW is the currency needed for the network and all the applications on top of it to perform. Added to this, the FLOW is designed as a payment method as well as a long-term reserve asset for the whole Flow economy.

In addition, the token is utilized by validators, developers, and users to participate in the FLOW network and earn rewards. Moreover, it is also utilized for fees and to participate in future protocol governance.

Even more, the Flow is a blockchain designed from the ground up for mainstream adoption and is the only blockchain technology that develops usability improvements into the protocol layer. Top developers and a few of the world’s largest brands are already developing on Flow, enabling completely new experiences with top-tier content.

Flow has a rich place of top entertainment brands, development studios, and venture-backed startups. Moreover, the Flow ecosystem collaboration include global IP brands like Warner Music, Ubisoft, NBA, and UFC; leading game developers, including Animoca Brands, Sumo Digital and nWay; leaders in crypto, like Circle and Binance; also several noteworthy projects among the next generation of high-growth startups, including Opensea.

Now that we are clear about FLOW do you think FLOW will be profitable crypto in 2022? Join me and let us see the charts in this FLOW price analysis and FLOW price prediction.

Flow (FLOW) Current Market Status

As of the time of writing this FLOW price analysis, FLOW trades at $6.16 with a 24-hour trading volume of $282,001,453. The price of FLOW has decreased by 0.49% in the last 24 hours.

Furthermore, FLOW has a current circulating supply of 355,196,665.00 FLOW. Currently, the top cryptocurrency exchanges for FLOW are Binance, Kucoin, OKEx, Huobi Global, Kraken, Gate.io, FTX, Upbit, and HitBTC

Now, let’s proceed to the next part of this FLOW technical analysis for 2022.

Flow (FLOW) Price Analysis 2022

Currently, FLOW holds 51^st  place on CoinMarketCap. But will the latest upgrades, development, and changes in the FLOW blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this FLOW price prediction article.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of 1-day chart is 55.75. This shows that FLOW is showing a strong trend since it is between 50 and 70. This value is triggering a bullish reversal already since it seems that more buyers are repositioning as the value is moving towards the 70 RSI value which is the overbought region.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for FLOW/USDT, it could be seen that the recent reversal, might continue since the last candlestick is moving towards the second part of the channel from the bottom. This shows that the present uptrend in the price of Flow might be sustained for some days before any reversal would be expected.

From the chart above showing the 200-MA and the 100-MA of FLOW/USDT, we can deduce that the future of Flow is bullish. This is because the 200-MA is above the 100-MA and the gap between them is wider. However, a bearish run might be experienced sooner since the 100-MA is getting closer to recent candlesticks formed.

Flow (FLOW) Price Prediction

The chart below shows that FLOW has performed great over the past few days, having gained 9% in the last 14 days. Moreover, the FLOW price shows a bullish trend. If this trend continues, FLOW might run along with the bulls, overtaking its $9.00 resistance1 level and moving higher to $28.21, the 22 bullish signals.

Conversely, if the investors turn towards the crypto, the bears might take over and push FLOW from its uptrend position. In simpler terms, the price of FLOW might plummet to almost $3.88, a bearish signal.

Meanwhile, our long-term FLOW price prediction for 2022 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many past psychological resistances.

Flow (FLOW) Price Prediction 2022

If this bullish trend continues, Flow (FLOW) will reach $28.21 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $12.31. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $30 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Flow (FLOW) Price Prediction 2023

If FLOW holds an RSI above 50 by the end of 2022, buyers will then have ample time and stability to forge the next attack mission on the vital level at $50, making it not plummet but play consistently.

Flow (FLOW) Price Prediction 2024

If there will be more upgrades and developments in 2024, the Flow (FLOW) price predictions and project forecasts may change. Moreover, these may boost the price of FLOW. We can say that the price can still go bullish and spike up to around $100.

Flow (FLOW) Price Prediction 2025

If there will be more upgrades and developments in 2025, the Flow price predictions and project forecasts may change. Moreover, these may boost the price of FLOW. We can say that the price can still go bullish and spike up to around $200.

Flow (FLOW) Price Prediction 2026

By 2026, the price of Flow (FLOW) might reach $500 since many individuals will have better knowledge of cryptocurrencies, therefore, increasing the investment in the industry.

Conclusion

FLOW has a bright future ahead of it in 2022. With the ongoing developments happening within the FLOW ecosystem, as well as in the overall crypto market, we may see FLOW reach new heights.

Bullish FLOW price prediction 2022 is $28.21. As said above, it may even reach its new ATH if investors have decided that FLOW is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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