Flux (FLUX) Price Prediction 2022 — WillFLUX Hit $5 Soon?
- Bullish FLUX price prediction is $1.203 to $3.541.
- Flux (FLUX) price might also reach $5 soon.
- Bearish FLUX 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 $ 1.04 with a 24-hour trading volume of $34,425,867 at the time of writing. However,FLUX has increased by nearly 2.5% in the last 24 hours.Moreover,Flux
(FLUX) has a circulating supply of 258,392,505 FLUX. Flux (FLUX) trades in cryptocurrency exchanges such as Binance, KuCoin, MEXC, DigiFinex and BKEX.
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 138th position on CoinGecko right now. FLUX price prediction 2022 is explained below with a daily time frame.
The above chart of Flux (FLUX) laid out a Inverted head and shoulder pattern. It is the inverse of the head and shoulder pattern. Generally, in this pattern, the price action slides downwards and then rises up. Thus, forming three troughs in the pattern, left shoulder, head, and right shoulder. This pattern can be a potential signal for the upcoming bullish market. If the price action establishes a breakout above the neckline resistance, the price might rise up to new highs.
Currently,Flux (FLUX) is in the range of $1.018. If the pattern continues, the price of FLUX might reach the resistance levels of $1.251 and $1.570. If the trend reverses, then the price ofFLUX may fall to $1.090 and 0.884.
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 | $1.203 |
| Resistance Level 2 | $2.039 |
| Resistance Level 3 | $3.541 |
| Support Level 1 | $0.701 |
| Support Level 2 | $0.415 |
The charts show that Flux (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 $3.541.
Accordingly, if the investors turn against crypto, the price ofFlux (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 chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of FLUX lies below the line , indicating weak participants in the current trend.
Also, the Moving Average (MA) of Flux (FLUX) is shown in the chart above. Notably, the Flux (FLUX) price lies above 50 MA (short-term), so it is in an uptrend. Currently,FLUX has entered a bullish state. Therefore, there is a possibility of a reversal trend ofFLUX at any time.
Meanwhile, the relative strength index (RSI) of the FLUX is 62.66. This means that Flux (FLUX) is in an overbought state. However, this means a major price reversal of FLUX may occur in the upcoming days. So, traders need to trade carefully.
Flux (FLUX) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) ofFlux (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, the ADX ofFLUX lies in the range of 53.381 and thus, it indicates a very strong trend.
The above chart also represents the Relative Volatility Index (RVI) of Flux (FLUX). RVI measures the constant deviation of price changes over a period of time. The RVI of FLUX lies above 50, indicating high volatility. In fact, the RSI of Flux (FLUX) is at 62.66 thus confirming a potential sell 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 that the price action of FLUX is similar to BTC and ETH. This indicates that when the price of BTC and ETH increases, the price of FLUX increases. When the price of BTC and ETH decreases, the price of FLUX decreases.
Flux (FLUX) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Flux (FLUX) might probably attain $10 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 $15 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 $20.
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 $25.
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 $30.
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 $35.
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 $40 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 $45 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 $3.541. On the other hand, the bearish price prediction ofFlux (FLUX) price prediction for 2022 is $0.415.
Furthermore, with the advancements and upgrades to the Basic Attention Token ecosystem, the performance of FLUX would help to reach above its current 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 (FLUX) has been listed on many crypto exchanges which include Binance, KuCoin, MEXC, DigiFinex and BKEX.
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 $10 by 2023.
FLUX’s price is expected to reach $15 by 2024.
FLUX’s price is expected to reach $20 by 2025.
FLUX’s price is expected to reach $25 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
