Flare looks to be trying to hold support level 1.
If the support level cannot hold in the next few hours, we will likely retest support levels 2 & potentially even 3.
However, if support level 1 can hold, it would form a triple bottom which would be extremely bullish for XFLR.
Keep an eye out for support level one around $0.40 & if resistance of $0.45 can be broken & held, we will continue our move to the upside.
Overall, Flare is a great long term investment with the potential for passive income to be earned from your holdings.
As always, not financial advice, DYOR in Dior!!
If the support level cannot hold in the next few hours, we will likely retest support levels 2 & potentially even 3.
However, if support level 1 can hold, it would form a triple bottom which would be extremely bullish for XFLR.
Keep an eye out for support level one around $0.40 & if resistance of $0.45 can be broken & held, we will continue our move to the upside.
Overall, Flare is a great long term investment with the potential for passive income to be earned from your holdings.
As always, not financial advice, DYOR in Dior!!