Flow slides today: Key reasons behind the decline

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Flow slides 10.04% today on sharp drop

Highlights

Flow and HTX have confirmed all user assets remain fully protected after swiftly resolving a recent security issue, restoring full FLOW services on HTX.
Flow continues to demonstrate significant adoption with over 40 million users and 950 million transactions, reinforcing its role in the consumer blockchain sector.
FLOW trades sharply below MA-20 ($0.0541), MA-50 ($0.0791), and MA-200 ($0.2558), with intraday technicals signaling sustained bearish momentum and a potential downside range of $0.0340–$0.0397.

Asset safety emphasized as trust restored after security incident

Flow and HTX have jointly confirmed that user assets remain fully protected following the resolution of a recent security issue. Full FLOW services have been restored on HTX, with both teams emphasizing ongoing collaboration to maintain asset safety and ecosystem resilience. Flow continues to be highlighted as a widely adopted consumer blockchain, surpassing 40 million users and 950 million transactions. This incident demonstrates a renewed commitment to trust and operational security within the Web3 space.

Anton Kharitonov, expert at Traders Union, sees strong technical weakness in FLOW. The price sits well below all major moving averages and shows little evidence of buyer support. He notes that even with positive news on asset safety, negative momentum dominates across daily and weekly timeframes. Indicators like MACD, ADX, and intraday oscillators confirm powerful downside pressure with oversold conditions remaining unrelieved. "Technical signals are clear — sellers retain control, and any recovery attempt is likely to falter without a decisive change in momentum or fundamental demand."

Viktoras Karapetjanc, expert at Traders Union, maintains a constructive view on Flow’s underlying fundamentals. He highlights FLOW's strong user base and the recent resolution of security concerns in partnership with HTX as essential positives for the ecosystem. Karapetjanc sees the current retracement as a potential setup for future growth if confidence in the platform is restored. He believes ongoing collaboration and operational commitments lay the groundwork for further adoption. "With over 40 million users and service reliability improving, I expect bullish structure to rebuild in the medium term."

Sustained seller momentum as support evaporates and indicators flash bearish

FLOW is trading significantly below the MA-20 ($0.0541), MA-50 ($0.0791), and MA-200 ($0.2558), indicating strong pressure from sellers across all timeframes. The nearest dynamic resistance is the Ichimoku Kijun at $0.0630, while no strong support is indicated nearby. Momentum indicators suggest a bearish trend, with MACD signaling a strong sell and ADX at elevated levels, confirming solid downside strength. RSI, Stoch RSI, and CCI all show oversold conditions, suggesting the sell-off is extended but not yet reversing. BBP signals seller dominance intraday. Intraday momentum and oscillators align, both confirming sellers' control and a negative intraday tone.

Last time, analysts noted that Flow was trading well below all major moving averages, with technical signals such as MACD, ADX, and RSI confirming sustained bearish momentum and seller dominance. Consolidation is expected in the near-term, with downside risk prevailing given the lack of nearby dynamic support and resistance aligning near the Ichimoku Kijun.

Source of Data: FLOW Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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