📈 Analysis and forecast for $FLM : further prospects 🚀
As of May 24, 2025, 15:11 EEST, the price of $FLM on Binance is $0.04, with a 21% increase over the last 24 hours. The trading volume for the day is about $2.4M, and the market capitalization is $50.47M (with a circulating supply of 641M FLM). The market shows optimism, with a focus on the growing interest in DeFi protocols on Neo.
Technically, $FLM in a strong uptrend. On the 4-hour chart, the price has broken above the 50-day moving average ($0.033), and the RSI (14) at 72 indicates bullish momentum, close to overbought territory. Key levels: support — $0.038, resistance — $0.045. A break above $0.045 could push the price to $0.05, but a drop below $0.038 would intensify pressure towards $0.035.
Forecast: In the short term (until the end of May), FLM may reach $0.05 if the volume is maintained. By July 2025, a correction to $0.035 is possible due to overbought conditions, but with positive news, a rise to $0.07 is realistic. The long-term target for 2026 is $0.15+, provided that the Flamingo ecosystem expands and integrates with Web3. Fundamentally, FLM benefits from cross-chain functionality and token distribution through DAO, which supports demand.
Further prospects? After a 21% increase and the current price of $0.04, a move to $0.045–$0.05 is likely. For entry, wait for confirmation above $0.045. For holders, profit-taking is justified as it approaches $0.05. High volatility and dependence on news require caution — keep an eye on Neo's dynamics and volumes! #FLM #Binance #CryptoAnalysis
