In this Flamingo Finance technical analysis, we will examine the current price action, trading volume, key levels and indicators for FLM-USDT. Flamingo Finance (FLM) is a decentralized finance (DeFi) platform that enables users to access a wide range of financial services on the blockchain. FLM’s innovative features include lending, borrowing, and yield farming, all of which are designed to provide users with more control over their financial assets. By leveraging smart contract technology, Flamingo Finance aims to create a more transparent and secure financial ecosystem for all users.
Flamingo Finance Price Overview:
As of March 11, 2024, Flamingo Finance is trading at approximately 0.1339 USDT. Let’s dive into the detailed price action for FLM-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.1343 |
| High (H) | 0.1375 |
| Low (L) | 0.1212 |
| Close (C) | 0.1339 |
| Volume (C) | 50,561,599.00 |
- Open (O): The opening price for today’s trading session was approximately 0.1343 USDT.
- High (H): Flamingo Finance reached a daily high of around 0.1375 USDT.
- Low (L): The daily low for FLM-USDT was approximately 0.1212 USDT.
- Close (C): At the time of analysis, Flamingo Finance is trading near its daily close of 0.1339 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.30% |
| 3D Change (%) | 8.16% |
| 7D Change (%) | 9.48% |
| 30D Change (%) | 66.54% |
| 90D Change (%) | 43.06% |
| YTD Change (%) | 38.61% |
Over the past three days, FLMUSDT has risen by approximately 8.16%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 9.48%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FLMUSDT maintaining an upward trend of approximately 66.54%, despite intermittent fluctuations. Examining the last 90 days, FLMUSDT has witnessed substantial rise of approximately 43.06%, reflecting strong long-term confidence. Year-to-date, FLMUSDT has steadily increased by around 38.61%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Flamingo Finance Live Chart:
You can access a live price chart for FLM-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 0.79105.
- Momentum score is 0.41245.
FLM USDT Technical Analysis
Flamingo Finance Trading Volume:
The trading volume for Flamingo Finance (FLM) over the past 24 hours has been insignificant, with approximately 50,561,599.00 USDT traded against FLM. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): FLM is currently trading above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Flamingo Finance is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for FLM-USDT is currently in the high zone, around 67.61007. This suggests that Flamingo Finance is in bullish territory.
Analysis from TradingView:
Our Key Takeaways:
Flamingo Finance (FLM-USDT) is currently exhibiting signs of short-term bullish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the high RSI and insignificant trading volume are high signals for potential upward movement.
Navigate the optimistic realm of Flamingo Finance (FLMUSDT) at 1.34e-01 USDT with technical analysis pointing to a bullish outlook and potential growth.
For a deeper dive into the subject, don’t miss our comprehensive analysis on FLM BTC Flamingo Finance Technical Analysis if you found this post intriguing.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.
Related Topics:
- Find the Latest Top 15 Crypto Technical Analysis 12 December 2023
- CVX USDT Convex Finance Technical Analysis
- FLM BTC Flamingo Finance Technical Analysis
- DEGO USDT Dego Finance Technical Analysis
