The post Flare Price Breaks Above Resistance—Can FLR Hit $0.045 Next? appeared first on Coinpedia Fintech News
Flare (FLR), the native token of the Flare Network, is gaining bullish momentum, recently breaking past critical resistance levels. After weeks of consolidation, the FLR price has seen a notable surge in buying pressure, igniting interest from both retail and institutional investors. With broader market sentiment turning cautiously optimistic and technical indicators flashing green, analysts are now watching for a potential rally toward $0.045 in the short term. But what’s fueling this rise, and how sustainable is it?
FLR Price Analysis: Breaking Resistance With Volume Surge
Flare’s price has surged past the $0.030 resistance zone with strong volume, a critical breakout from the multi-week descending triangle pattern that kept bulls suppressed. This move suggests a trend reversal is in play. The RSI (Relative Strength Index) on the 4-hour and daily charts is rising but not yet overbought—indicating room for more upside. The MACD has crossed bullishly, confirming positive momentum.
The current structure shows FLR forming higher highs and higher lows—an early signal of bullish continuation. If the token maintains support above $0.030, it may target the $0.038-$0.045 zone, a former distribution range from Q1 2024. The 50/200 day MA formations indicate they are poised for a bullish crossover or a golden cross, which could help the price to break above the symmetrical triangle. Besides, the RSI has entered the overbought range, indicating the beginning of a bullish spell. Hence, the crucial resistance to achieve is $0.03255 that may pave the way to reach $0.038.
On-Chain Strength & Network Activity Fueling Confidence
Beyond the charts, Flare’s rising on-chain metrics and growing developer activity are contributing to bullish sentiment. The Flare Time Series Oracle (FTSO) continues to gain adoption, powering real-time decentralized data feeds for DeFi protocols across the ecosystem. Additionally, staking participation is rising, with users locking up FLR for yield rewards—removing tokens from circulation and reducing short-term sell pressure.
Moreover, partnerships with cross-chain DeFi protocols, like Pangolin and Arkly, highlight Flare’s ambition to serve as a smart contract layer for non-EVM chains like Bitcoin and XRP. This unique positioning within the interoperability niche has long-term implications, attracting attention from developers and investors alike. These ecosystem fundamentals are aligning with the technical breakout, creating a strong bullish case for FLR price appreciation in Q3 2025.
Wrapping it Up!
Flare price is gaining momentum as it has risen over the bearish structure. Therefore, once it rises above the 2024 highs, the FLR price is expected to head towards the upper targets, probably $0.045 or higher.
