The FLOW coin price action takes a pause from the uptrend after the 80% growth in a fortnight. Should you keep holding as the bulls show exhaustion? Flow is a fast, decentralized, user-friendly, and user-friendly blockchain designed to serve as the foundation for a new kind of game, apps, and digital currencies that work with the. It is the only layer-1 blockchain created by a team that has consistently provided top-quality, consumer-friendly blockchain experiences such as CryptoKitties, Dapper Wallet, NBA Top Shot. To further increase its cross-chain and decentralized finance (DeFi) goals The Flow blockchain is announcing the introduction in the feed for chainlink prices to the rest of Decentralized Applications (DApps) that are on Ethereum blockchain. Let us move ahead to read about Flow technical analysis. Past Performance of FLOW In our previous article, we mentioned the possibility of the FLOW coin price escaping the falling channel. This comes true with the 40% jump in the last days of January and the price retests the falling channel breakout. The post-retest rally shows a growth of 35% in the past week and breaks above the horizontal level at $8. FLOW/USD Daily Chart FLOW Technical Analysis The FLOW coin price action shows a potential piercing candlestick as it struggles to sustain above the psychological mark of $8. However, a lower price rejection will transform it into a retest candle and fuel the uptrend. The Ichim...
