According to the latest data from LunarCrush, FLUX is experiencing a significant uptick in market activity. The 24-hour volume has hit new highs multiple times in the last few hours, significantly surpassing the 30-day average. The price, too, has been consistently above the 7-day average, indicating a strong bullish sentiment.
What you'll learn 👉
Key Takeaways:
- Flux Market Volume: Reached new highs multiple times in the last 24 hours.
- Flux Price: Consistently above the 7-day average.
- Current AltRank™: 1st out of 4,492 cryptocurrencies.
- Current Galaxy Score™: 40.5 out of 100.
- Market Cap: $129.36 million.
- 24h Volume: $85.62 million.
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Show more +The FLUX bulls are indeed back, but the journey is far from over. For a confirmed wedge breakout, the bulls need to clear the 20-month downtrend resistance. If this resistance is broken, market analysts anticipate a +300% bullish rally in the midterm.
Chart Patterns:
- Descending Channel: FLUX has formed a textbook descending channel in its daily timeframe.
- Approaching Trendline: The asset is nearing a critical trendline, and a breakout could trigger a massive bullish rally.
CoinMarketCap data reveals that FLUX has seen a remarkable surge in price over the last 24 hours. The token’s price increased by 25.223%, with a total market volume of $85.62 million, marking an 184.1% increase.
FLUX has formed key partnerships with industry giants like Nvidia and Lumen Technologies, which are expected to accelerate its growth and adoption in the Web3 space.
The metrics and technical indicators suggest that FLUX is a cryptocurrency to watch closely. However, as with any investment, due diligence is crucial. Keep an eye on this rising star in the crypto universe.
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