Is Flare (FLR) Poised for More Gains After an 18% Rally?
Release: 2024/11/30 22:29 Reading: 832
Flare (FLR) Surges Over 18%, Trading at $0.02839
FLR's daily trading volume has witnessed a remarkable surge of over 467%.
As November draws to a close, the altcoin market has experienced a surge with notable gains recorded by tokens like ETH, SOL, XRP, ADA, and DOGE. The anticipation of an altcoin season is fueled by Ethereum's rise to $3.7K.
Flare (FLR) has particularly rallied, demonstrating an 18.20% surge, currently trading at $0.02839. Its market capitalization has also climbed to $1.50 billion, while its daily trading volume has reached $89.41 million. FLR has exhibited an expansionary trend, moving from a daily low of $0.02349 to a high of $0.03141.
Over the past month, Flare has experienced a notable gain of over 108%, having commenced trading at $0.01345. It subsequently ascended to a mid-week high of $0.02398 and has sustained this momentum to date.
FLR's Potential for Further Growth
The four-hour price chart reveals FLR's current bullish trajectory. If the altcoin continues its upward trend, it could potentially reach $0.03216. Moreover, FLR has the potential to ascend further if it surpasses major resistance levels.
Conversely, if Flare's upward momentum wanes, a potential downside correction may occur, testing support at $0.024. FLR's movements will ultimately determine the asset's future recovery or decline.
Technical Indicators Support Positive Outlook
FLR's daily timeframe indicates that the short-term 9-day moving average lies above the long-term 21-day moving average. The asset's current market sentiment is overbought, indicating strong buying momentum, as reflected by the daily relative strength index (RSI) at 70.53.
Additional technical indicators such as the Moving Average Convergence Divergence (MACD) line crossing the signal line and the Chaikin Money Flow (CMF) indicator at 0.02 further support FLR's positive outlook.
Highlighted Crypto News
- src="/uploads/20241130/1732980609674b2f819fee0.png">
- Is PEPE Set to Break Its ATH with Growing Bullish Momentum?
Recent news
More>- Homosexual Pepe Solana Memecoin to Rally 18,000% Before Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- BTFD Presale Captivates Investors in the Best New Meme Coin Presales for Significant Returns as PEPE and SPX6900 Dominate the Scene Fuel the... 01-01
- Homosexual Pepe (HOMOPEPE) Solana Memecoin to Rally 18,000% Before Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- The Metrics Pointing to Massive Potential for WIF, JASMY, and PEPE in 2025 01-01
- BTFD Coin’s Presale is Unmissable Amid Pepe and Moo Deng’s Crypto Hype: Best Meme Coin Presales to Join This Week 01-01
- Homosexual Pepe (HOMOPEPE) Solana Memecoin to Rally 18,000% Ahead of Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- Crypto Gems for the Next Quarter: Top 5 Tokens to Watch 01-01
- Why $PEPE Jumped 20% Today And Which Coin Could Be Next 01-01
- Best New Meme Coins to Join for Short Term: BTFD Raises $4.7M in Presale as BONK Boasts Low-Cost Transactions and PEPE Enjoys Steady Followi... 01-01
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Missed Pepe Unchained? Don’t Worry, This New Pepe-Themed Meme Coin Will Produce Bigger Gains in 2025
- 8 Top 4 Altcoins At 70% Discounts – Last Chance!
- 9 Smart $Pepe trader makes $11.7M profit during Market Drop
- 10 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com