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Flare (FLR) What Does the Chart Say Tuesday?

Tuesday, November 28, 2023 02:19 PM | InvestorsObserver Analysts
Flare (FLR) What Does the Chart Say Tuesday?

Flare receives an average short-term technical score of 53 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. FLR holds a better recent technical analysis than 53% of coins at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

Short-Term Technical - 53
InvestorsObserver is giving Flare a 53 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Flare!

Trading Analysis

FLR is currently $0.001968 (19.54%) above its 30-day low of $0.010071444 and -$0.000871 (-6.75%) below its 30-day high of $0.01291138. Additionally, FLR is above its average price of $0.011185075 over the past month of trading with its current price of $0.012039900. Overall, the recent trading history of Flare suggest that traders are currently neutral on the coin.
FLR has a relatively average market cap for a coin with a total market value of $345,915,772.96. The market valuation for Flare is relatively average due to the largest 100 cryptos having a market cap above $1 billion and FLR sits underneath that mark but remains above $100 million in market capilization. Flare's average volume meanwhile is average with $111,102,773.65 worth of the coin traded over a typical 24 hour period. The volume for FLR is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. As of the past 24 hours, FLR's volume is below its average with $10,544,110.57 exchanged.

Summary

FLR's recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the coin in the short-term. Click Here to get the full Report on Flare (FLR).

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