Flow traded nearly 30% higher on Saturday and is up 18% today as the majority of the top 100 cryptocurrencies are in the green. Today’s two-day upleg has helped the altcoin break into the top 50 cryptocurrencies by market cap.
After the bearish working week ended, the crypto market heads into the weekend in broad green.
Notable bullish tokens include Tezos +12.4%, while SAND is also trading nearly 11.17% higher at press time.
Source: Coin360
However, the clear uptrend on the day is FLOW, which is up about 17% at press time while hitting an intraday high of $7.09.
The move began after FLOW/USD recovered from recent support at $4.50, where it last traded on Thursday, only to rally to the aforementioned high two days later.
The recent surge has seen become the 49th cryptocurrency by market cap.
FLOW/USD. Source: Trade View
Looking at the chart, the RSI sits at 47, around its strongest point this year.
Meanwhile, there are some of the top 100 altcoins with the biggest losses, including Terra (LUNA), Internet Computer (ICP), Helium (HNT), Basic Attention Token (BAT), Waves (WAVES), Ravencoin (RVN). . All of these coins are down around 4% in the last 24 hours.
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