FLOW
The laggard of the Metaverse/NFT index. My premise is that FLOW will soon come out of its slow crawl to the crypto graveyard due to the myriad of fundamental actors that suggest it should be elsewhere.
Compared to even the newest additions to the metaverse tokens, flow lags in price appreciation. However, this may change over time as FLOW has gained fundamental strengths which should keep things interesting.
Flow has recently come began a multi-year partnership with Google Cloud to serve as a network operator for Dapper Labs (FLOW). Along w/ previous developments on CryptoKitties and NBA Top Shot, FLOW currently has an event #OnFlow going on and I feel like there may be an announcement soon that can be the catalyst to kick the green dildos off, no homo.
Looking at the charts, FLOW is at a discount. Of the 282 days since launch, price has only traded below $11 for 39 days.
Looking at the 4H, price is also just around the 200EMA which suggests a bounce is incoming.
Pattern wise, I can see a symmetrical triangle forming with lower highs and higher lows.
The price action also reminds me of 1INCH, another defi laggard that had a crazy pump recently.
Compared to even the newest additions to the metaverse tokens, flow lags in price appreciation. However, this may change over time as FLOW has gained fundamental strengths which should keep things interesting.
Flow has recently come began a multi-year partnership with Google Cloud to serve as a network operator for Dapper Labs (FLOW). Along w/ previous developments on CryptoKitties and NBA Top Shot, FLOW currently has an event #OnFlow going on and I feel like there may be an announcement soon that can be the catalyst to kick the green dildos off, no homo.
Looking at the charts, FLOW is at a discount. Of the 282 days since launch, price has only traded below $11 for 39 days.
Looking at the 4H, price is also just around the 200EMA which suggests a bounce is incoming.
Pattern wise, I can see a symmetrical triangle forming with lower highs and higher lows.
The price action also reminds me of 1INCH, another defi laggard that had a crazy pump recently.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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