FLRUSD (Flare) is rising strongly today, supported by its 1D MA50 (blue trend-line). The pattern though since January has been a Bearish Megaphone, and in order for the price to turn bullish long-term, it needs to break above the Lower Highs. We are buying upon a 1D candle close above the Lower Highs and target...
What is Flare (FLR)? Flare is an EVM-based Layer 1 blockchain designed to allow developers to build applications that are interoperable with blockchains and the internet. By providing decentralized access to high-integrity data, Flare enables new use cases and monetisation models.
Flare network may no longer develpe F-Assest they will leave that to possible 3rd parties that maybe could do it.
Expect XFLR to play catch up in the coming 3 days. Once people catch on to how undervalued this is... look out
Flare network goes live end of Q2 2021. 30 days after going live Flare.Finance will take a snapshot of all wallets containing $FLR Spark tokens around May or July. 7-10 days after that DAOFlare $DFLR will be distributed at a 1:172 ratio to all $FLR balances. Big bags are getting packed for whats to come in the future.
As before, we have retraced to a 0.382 Fib level. This should mark a bottom, however, we may still hit the 0.176 area. Expect a flattening out from here until we hit that trend channel and explode upwards again. At this level we may see it in the next 4-10 days.
$800,000 sell orders to be fulfilled at 0.388-0.40. Expect a pit stop ere while supply is soaked up. Clean path to 0.5050 after that. Sell orders are drying up FAST! #gonnabehuge
First off, support.poloniex.com FLR is first given out as a 15% chunk. They take 15% of your XFLR and convert that to FLR. Then each month they receive more FLR they redistribute that to XFLR holders until all XFLR is gone. Some are saying Bitrue is giving out 100% of FLR all at once. Only 15% of FLR is being distributed at first. Initially, the Flare network...
I've been using this chart to trade the $FLRUSDT token on Bitrue. I am trying to add as many as I can to to my Airdrop total before they distribute the first round of SPARK tokens. So I can receive more $DFLR during the snapshot for $XFLR tokens after the Mainet Launch.
I've discussed before how thin the XFLR Order Book is. I figure I'd explain what I mean by that. Let's say you had a couple million bucks to play with, and your calling was to get some Spark (FLR) token because that's gonna be the be all end all of De-Fi in the coming years. The current price is around 0.22. You put in a market order with $166,029.99, the price...