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      FLUX – What is the Chart Showing Us? - Stocks Telegraph

      By Ammar Mukhtar

      Published on

      December 29, 2021

      3:20 PM UTC

      FLUX – What is the Chart Showing Us? - Stocks Telegraph

      At the time of writing FLUX is being traded at the rate of $1.92 with a decrease of almost 14% within the last 24 hours.

      The low within this tenure was around $1.92and the high was approximately $2.31. The coin as being in the watchlist of many traders makes it rank all the way up to number 153rd according to the latest data released by coin market cap.

      FLUX made its all-time high in the month of January 2021 where it reached an enormous amount of $22.50. At the moment it has a daily volume of $32,224,572 with a decrease of about 17% within the last 24 hours. The total supply of FLUX is now around 440M and the circulating supply is also 222.7M. FLUX has a dominance of 0.02%.

      The top exchanges for trading it are currently Binance, KuCoin,

      Technical Analysis – Flux

      The coin, as can be seen in the chart had been creating higher highs and lows. During the drop of BTC from $69k to $42k, the price of FLUX went on to create a bottom. When BTC reversed, the coin also showed reversal and we saw the price o the coin increase.

      Now we can see that there is no visible reason for the price to go upwards. The wick that had grabbed all the liquidity above has also been mitigated half of the point. We can see that as soon as the mitigation happened, the coin started to show a reversal.

      FLUX - 1D

      Now there is no visible reason to go upwards, but the presence of an order block at the bottom calls for the drop in the price. The price of FLUX has been following a trend line and has bounced many times from there. If it fails to hold we can expect the price to drop down and touch the order block.

      Price Prediction

      FLUX has been one of the most successful and powerful coins. The people have gained a lot, based on this coin. In the long run, traders are highly bullish on the project. The price of FLUX has retraced back and is around the same price it had around the month of August 2020. According to the wallet investor, FLUX is a good investment. The price of the coin is to reach a value of $4.973 in a year. In five years, the price is expected to reach around $15.368.

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