Flare (FLR) Jumps 9.65% to $0.0075 on Volume 60% Above Average
- —FLR rose 9.65% to $0.0075 on $6.42 million volume, 60.44% above the 30-day average
- —RSI (14) at 67.6 and stochastic at 96.8 put the asset in overbought territory
- —Up 19.41% over seven days but down 71.49% over 52 weeks
- —Price sits 3.3% above the 23.6% Fibonacci level at $0.0073 and near the $0.0072 SMA-200
Why it matters: The rally is driven by market beta and a short squeeze rather than project-specific news; a break above the SMA-200 will set the next trend.
Source: DiarioBitcoin