$FLM #FLM Technical analysis of his work
$FLM 1. **Bollinger Bands**:
- Upper band: $0.0970
- Lower band: $0.0835
- The current price is near the lower band, indicating that the currency may be in a buy zone.
2. **Relative Strength Index (RSI)**:
- Current RSI value: 49.3028
- This value indicates that the currency is not in a state of overbought or oversold, which means that the market is currently balanced.
3. Trading volume:
- Daily trading volume: 9.69 million FLM
- Daily trading volume in US dollars: 846,950.62 USDT
- An increase in trading volume may indicate an increase in interest in the currency, but there is no noticeable increase in volume in the near term.
4. Moving Averages:
- MA(5): 9,418,223
- MA(10): 13,370,681
- The current price is below the two moving averages, which may indicate continued selling pressure.
5. Price
- Current price: $0.0892
- Lowest price in 24 hours: $0.0849
- Highest price in 24 hours: $0.0896
- The current price is close to the lowest level in 24 hours, which may indicate a nearby buying opportunity.
Expectations for the coming period
Since the current price is close to the lower band of the Bollinger Bands and the RSI indicator is not showing signs of saturation, it can be expected that the price may witness a strong rise in the coming period.
#هذه Not investment advice. Do your own research..