Flux (FLUX) Price Prediction 2022 – Will FLUX Hit $5 Soon?
- Bullish FLUX price prediction is $1.20 to $3.54.
- The FLUX price will also reach $5 soon.
- FLUX bearish market price prediction for 2022 is $0.415.
In Flux (FLUX) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about FLUX to analyze the future movement of the cryptocurrency.
Flux (FLUX) Current Market Status
According to CoinGecko, the price of Flux (FLUX) is $0.95 with a 24-hour trading volume of $32,448,062 at the time of writing. However, FLUX has increased to 1.59% in the last 24 hours.
Moreover, Flux (FLUX) has a circulating supply of 257,364,346 FLUX. Currently, FLUX trades in cryptocurrency exchanges such as Binance, Coinbase, Bybit, MEXC, CoinW, Bitget, and KuCoin.
What is Flux (FLUX)?
The Flux blockchain solutions provide information processing with a seamless, functional system that is comparable to the AWS system. The Flux Ecosystem Token has a self-storing application that is blockchain compatible and coordinated with the Flux OS cloud infrastructure.
Furthermore, Flux is an open-source, community-driven, and independent project without any outside investors. It is highly committed to building a truly decentralized future by staying independent and continually pushing for innovation and disruption in blockchain technology.
Flux (FLUX) Price Prediction 2022
Flux (FLUX) holds the 159th position on CoinGecko right now. FLUX price prediction 2022 is explained below with a daily time frame.
Elliott Wave tpattern is a theory that seeks recurring long-term price patterns associated with persistent changes in investor sentiment and psychology. According to the theory, there are impulse waves that initiate patterns and corrective waves that oppose the main trend. A fractal approach to investing is defined as one where each set of waves is nested within a bigger series of waves that follow the same impulse or corrective pattern.
Currently, Flux (FLUX) is at $0.95. If the pattern continues, the price of FLUX might reach the resistance level of $1.20, $2.0, and $3.5. If the trend reverses, then the price of FLUX may fall to $0.415.
Flux (FLUX) Support and Resistance Levels
The chart below shows the support and resistance levels of Flux (FLUX).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Flux (FLUX).
- Resistance Level 1 – $1.20
- Resistance Level 2 – $2.03
- Resistance Level 3 – $3.54
- Support Level 1 – $0.70
- Support Level 2 – $0.415
The charts show that FLUX has performed a bullish trend over the past month. If this trend continues, FLUX might run along with the bulls overtaking its resistance level at $3.54.
Accordingly, if the investors turn against the crypto, the price of the FLUX might plummet to almost $0.415, a bearish signal.
Flux (FLUX) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Flux (FLUX) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of FLUX lies below the cutoff line, indicating weak participants in the current trend.
Moreover, the Moving Average (MA) of Flux (FLUX) is shown in the above chart. Notably, the FLUX price lies above 50 MA (short-term), so it is completely in an upward trend. Currently, FLUX is in a bullish state. There is a possibility of a reversal trend of FLUX at any time.
Meanwhile, the relative strength index (RSI) of the FLUX is at a level of 70.78. This means that FLUX is in an overbought state. However, this gives confidence to the traders to trade without any fear.
Flux (FLUX) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Flux (FLUX). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Flux (FLUX). Currently, FLUX lies in the range of 64.76, so it indicates a very strong trend.
From the above chart, the Relative Volatility Index (RVI) of Flux (FLUX). RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of FLUX lies below 50, indicating that the direction of volatility is low. In fact, FLUX’s RSI is at 70.78, thus confirming a potential buy signal.
Comparison of FLUX with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Flux (FLUX).
From the above chart, we can interpret ETH, BTC, and FLUX are moving in a similar trend. This indicates that when the price of BTC increases or decreases, the price of ETH and FLUX also increase or decrease respectively.
Flux (FLUX) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Flux (FLUX) might probably attain $8.1 by 2023.
Flux (FLUX) Price Prediction 2024
With several upgrades in the network, Flux (FLUX) might enter a bullish trajectory. If the coin grabs the attention of major investors, FLUX might rally to hit $14 by 2024.
Flux (FLUX) Price Prediction 2025
If Flux (FLUX) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, FLUX would rally to hit $21.
Flux (FLUX) Price Prediction 2026
If Flux (FLUX) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, FLUX would rally to hit $27.
Flux (FLUX) Price Prediction 2027
If Flux (FLUX) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, FLUX would rally to hit $33.
Flux (FLUX) Price Prediction 2028
If Flux (FLUX) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, FLUX would hit $39.
Flux (FLUX) Price Prediction 2029
If investors flock in and continue to place their bets on Flux (FLUX), it would witness major spikes. FLUX might hit $45 by 2029.
Flux (FLUX) Price Prediction 2030
With greater advancements in the Flux ecosystem, the crypto community might continue to invest in Flux (FLUX) for the next 8 years and drive significant price rallies for the token. Hence, Flux (FLUX) might hit $50 by 2030.
Conclusion
With continuous improvements in the Flux network, we can say that 2022 is a good year for FLUX. For this reason, the bullish price prediction of Flux (FLUX) in 2022 is $3.54. On the other hand, the bearish price prediction of Flux (FLUX) for 2022 is $0.415.
Furthermore, with the advancements and upgrades in the Flux ecosystem, the performance of Flux (FLUX) would rise to reach above its new all-time high (ATH) of $3.33 very soon. But, it might also reach $5 if the investors believe that FLUX is a good investment in 2022.
FAQ
Flux, a native GPU mineable POW (Proof of Work) coin providing incentive for hardware hosters, XDAO governance on-chain, and bad actor migration through staking requirements for running hardware.
FLUX can be traded in top crypto exchanges such as Binance, Coinbase, Bybit, MEXC, CoinW, Bitget, and KuCoin.
With the ongoing developments and upgrades within the FLUX platform, it has a high possibility of reaching its ATH soon.
On January 03, 2022, Flux (FLUX) reached its new all-time high (ATH) of $3.33.
Flux (FLUX) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of FLUX in the past few months, FLUX is considered a good investment in 2022.
FLUX is one of the active cryptos that continues to maintain its Bullish state. Eventually, if this bullish trend continues then FLUX will hit $5 soon.
FLUX’s price is expected to reach $8.1 by 2022.
FLUX’s price is expected to reach $14 by 2023.
FLUX’s price is expected to reach $21 by 2024.
FLUX’s price is expected to reach $27 by 2025.
Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Read more: https://thenewscrypto.com/flux-price-prediction
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
