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FLOW Price Prediction – Technical Analysis

Flow empowers developers to build thriving crypto- and crypto-enabled businesses.

Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. It is the only layer-one blockchain originally created by a team that has consistently delivered great consumer blockchain experiences: CryptoKitties, Dapper Wallet, NBA Top Shot. It is based on a unique, multi-role architecture, and designed to scale without sharding, allowing for massive improvements in speed and throughput while preserving a developer-friendly, ACID-compliant environment. This has led to an increase in FLOW price.

There are four pillars that make Flow unique among existing blockchains:

Multi-role architecture

Flow’s design is unique, allowing the network to scale to serve billions of users without sharding or reducing decentralization of consensus.

Resource-oriented programming

Smart contracts on Flow are written in Cadence, an easier and safer programming language for crypto assets and apps.

Developer ergonomics

From upgradeable smart contracts and built-in logging support to the Flow Emulator, this network delivers results.

Consumer onboarding

Flow was designed for mainstream consumers, with payment onramps catalyzing a safe and low-friction path from fiat to crypto.

Let us review FLOW Price

FLOW Price Prediction

FLOW has broken out of the downtrend. It is currently trading below the resistance of $22.20. If it can break this resistance zone, we could start seeing a move towards $25.09, $33.43, $46.92, $60.42 and $68.75. Failure to break the resistance at $22.20 could lead to a drop towards $16.63, $14.21 and $11.49.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

   

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