Flow (FLOW) Price Prediction 2022 – Will FLOW Hit $20 Soon?

Flow (FLOW) Price Prediction 2022 - Will FLOW Hit $20 Soon?
  • Bullish FLOW price prediction for 2022 is $2.852 to $15.821.
  • The FLOW price will also reach $20 soon.
  • Bearish FLOW price prediction for 2022 is $1.18.

In Flow (FLOW) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about FLOW to analyze the future movement of the cryptocurrency. 

Flow (FLOW) Current Market Status

According to CoinGecko, the price of Flow (FLOW) is $2.95 with a 24-hour trading volume of $256,304,075 at the time of writing. However, FLOW has decreased to 4.3% in the last 24 hours. 

Moreover, Flow (FLOW) has a circulating supply of 1,036,200,000 FLOW. Currently, FLOW trades in cryptocurrency exchanges such as Binance, FMFW.io, HitBTC, Bitrue, WhiteBIT, OKX, and Coinbase.

What is Flow (FLOW)?

Flow (FLOW) is the native cryptocurrency of the Flow blockchain. Flow blockchain is a layer-1, peer-to-peer (P2P), and user-friendly blockchain. Dapper Labs revealed the plan of launching the Flow blockchain in 2019.

Flow uses the proof-of-stake (PoS) consensus protocol to secure the blockchain.  The network possesses four kinds of nodes: Collector (for efficency), Execution (for speed and scalability), Verifier (for Accuracy), and Consensus (for decentralization). Flow’s creator Dapper Labs are well-known for creating and launching projects like Cryptokitties, and NBA TopShot.

Flow (FLOW) serves as the payment and governance token within the flow ecosystem. Users pay FLOW to access the services and create dApps. They can also take part in securing the blockchain by staking FLOW tokens.

Flow (FLOW) Price Prediction 2022

Flow (FLOW) holds the 30th position on CoinGecko right now. FLOW price prediction 2022 is explained below with a daily time frame.

FLOW/USDT Descending Channel Pattern (Source: Tradingview)

The above chart of Flow (FLOW) laid out a descending channel, also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.

Currently, Flow (FLOW) is at $2.95. If the pattern continues, the price of FLOW might reach the resistance level of $2.852, $4.261, and $8.249. If the trend reverses, then the price of FLOW may fall to $1.18.

Flow (FLOW) Support and Resistance Levels

The chart below shows the support and resistance levels of Flow (FLOW).

FLOW/USDT Support and Resistance Level (Source: Tradingview)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of the Flow (FLOW).

  • Resistance Level 1 – $3.331
  • Resistance Level 2 – $5.325
  • Resistance Level 3 – $8.990
  • Resistance Level 4 – $15.821
  • Support Level 1  – $1.807
  • Support Level 2  – $1.198

The charts show that FLOW has performed a bullish trend over the past month. If this trend continues, FLOW might run along with the bulls overtaking its resistance level at $15.821.

Accordingly, if the investors turn against the crypto, the price of the FLOW might plummet to almost $1.198, a bearish signal.

Flow (FLOW) Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Flow (FLOW) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of FLOW lies below the cutoff line, indicating strong participants in the current trend.

FLOW/USDT RVOL, MA, RSI (Source: Tradingview)

Moreover, the Moving Average (MA) of Flow (FLOW) is shown in the above chart. Notably, the FLOW price lies above 50 MA (short-term), so it is completely in a downward trend. Currently, FLOW is in a bullish state. There is a possibility of a reversal trend of FLOW at any time.

Meanwhile, the relative strength index (RSI) of the FLOW is at a level of 69.39. This means that FLOW is in an overbought state. However, this gives confidence to the traders to trade without any fear.

Flow (FLOW) Price Prediction 2022 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of Flow (FLOW). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

FLOW/USDT ADX, RVI (Source: Tradingview)

The above chart represents the ADX of Flow (FLOW). Currently, FLOW lies in the range of 46.090, indicating a strong trend. 

From the above chart, the Relative Volatility Index (RVI) of Flow (FLOW). RVI measures the constant deviation of price changes over a period of time. The RVI of FLOW lies below 50, indicating low volatility. In fact, FLOW’s RSI is at 69.39, thus confirming a potential buy signal.

Comparison of FLOW with BTC, ETH

The below chart shows the price comparison between Bitcoin, Ethereum, and Flow (FLOW).

BTC Vs ETH Vs FLOW Price Comparison (Source: Tradingview)

From the above chart, we can interpret ETH, BTC, and FLOW are moving in a similar trend but with slight differences. This indicates that when the price of BTC increases or decreases, the price of ETH and FLOW increase or decrease respectively. The momentum of FLOW is increasing over that of ETH.

Flow (FLOW) Price Prediction 2023

If the declining price action slows down in momentum and the trend reverses,  Flow (FLOW) might probably attain $23.8 by 2023.

Flow (FLOW) Price Prediction 2024

With several upgrades in the network, Flow (FLOW) might enter a bullish trajectory. If the coin grabs the attention of major investors, FLOW might rally to hit $29 by 2024. 

Flow (FLOW) Price Prediction 2025

If Flow (FLOW) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, FLOW would rally to hit $34.  

Flow (FLOW) Price Prediction 2026

If Flow (FLOW) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, FLOW would rally to hit $37.5. 

Flow (FLOW) Price Prediction 2027

If Flow (FLOW) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, FLOW would rally to hit $42. 

Flow (FLOW) Price Prediction 2028

If Flow (FLOW) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, FLOW would hit $47.

Flow (FLOW) Price Prediction 2029

If investors flock in and continue to place their bets on Flow (FLOW), it would witness major spikes. FLOW might hit $53 by 2029.

Flow (FLOW) Price Prediction 2030

With greater advancements in the Flow ecosystem, the crypto community might continue to invest in Flow (FLOW) for the next 8 years and drive significant price rallies for the token. Hence, Flow (FLOW) might hit $60 by 2030.

Conclusion

With continuous improvements in the Flow network, we can say that 2022 is a good year for FLOW. For this reason, the bullish price prediction of Flow (FLOW) in 2022 is $15.821. On the other hand, the bearish price prediction of Flow (FLOW) for 2022 is $1.18.

Furthermore, with the advancements and upgrades in the Flow ecosystem, the performance of Flow (FLOW) might hit $20 gaining investors’ attention. It would also rise to reach above its all-time high (ATH) of $42.40 in the near future.

FAQ

1. What is Flow (FLOW)?

Flow (FLOW) is the native token of the Flow blockchain. Flow is a peer-to-peer, layer 1 blockchain that operates based on the proof-of-stake (PoS) consensus with a multi-nodes model.

2. Where can you purchase Flow (FLOW)?

Flow (FLOW) has been listed on many crypto exchanges which include Binance, FMFW.io, HitBTC, Bitrue, WhiteBIT, OKX, and Coinbase.

3. Will Flow (FLOW) reach a new ATH soon?

With the ongoing developments and upgrades within the Flow platform, Flow (FLOW) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Flow (FLOW)?

On April 05, 2021, Flow (FLOW) reached its new all-time high (ATH) of $42.40.

5. Is Flow (FLOW) a good investment in 2022?

Flow (FLOW) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Flow in the past few months, FLOW is considered a good investment in 2022.

6. Can Flow (FLOW) reach $20?

Flow (FLOW) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Flow (FLOW) will hit $20 soon.

7. What will be Flow (FLOW) price by 2023?

Flow (FLOW) price is expected to reach $23.8 by 2023.

8. What will be Flow (FLOW) price by 2024?

Flow (FLOW) price is expected to reach $29 by 2024.

9. What will be Flow (FLOW) price by 2025?

Flow (FLOW) price is expected to reach $34 by 2025.

10. What will be the FLOW price by 2026?

Flow (FLOW) price is expected to reach $37.5 by 2026.

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Cryptocurrency and blockchain tech interest has enticed Carolyna to write for NewsCrypto. She made her personal mission to help non-crypto geeks to understand the technology with ease.