Technically, the FLOW cryptocurrency has been following a bearish trend, moving below key EMA levels and a downward trendline. Social metrics, such as Twitter mentions and development activity, also show a decline, indicating a fall in popularity and ongoing project efforts.

The Santiment chart reveals that in March 2024, the volume and price of FLOW were high, suggesting increased interest and activity. However, both volume and price sharply decreased from mid-March, signaling a drop in demand and excitement surrounding FLOW. The current volume is much lower, at $62.1 million, and the price sits at $1.248.

The correlation between FLOW's price and volume indicates a downward trend, suggesting that the current decline in FLOW may continue.

Social Dominance and Development Activity Analysis

On social platforms, the dominance of FLOW has decreased, with a decline in Twitter mentions, followers, and overall social activity. This decline in social metrics reflects the decreased popularity and interest in FLOW among users. Similarly, the number of tweets mentioning FLOW has decreased, indicating a lack of growth and trending activity.

Development activities also show a decline, signifying a decrease in ongoing projects related to FLOW.

Flow Price Analysis Over Daily Time Frame

The price of FLOW cryptocurrency rose to the supply level of $1.70 from the demand zone of $0.400 but faced resistance at the top level. The battle between bulls and bears intensified at $1.70, leading to a decline on the daily chart. If the price continues to fall, it may reach new lows, as its current structure indicates a declining trend.

Indicator Analysis and Price Forecast

Indicators such as MACD and RSI suggest bearish potential for FLOW, with a gradual decline in price. The overall chart behavior indicates a downward trend, with the possibility of more declines in the future. Currently trading at $1.252, FLOW may face further downward pressure if it fails to break the declining trendline.

In summary, the overall performance of FLOW has shown a decline in volume and price, coupled with decreased social dominance and development activity. While there may be minor price increases, the bearish outlook persists, indicating potential further declines if current support levels are breached. Support levels stand at $1.150, with resistance at $1.50. It is essential to note that trading or investing in cryptocurrency involves financial risks.