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FLR crypto breaks key resistance as volume surges—Can it reach $0.0083?

FLR crypto breaks key resistance as volume surges—Can it reach $0.0083?

Flare’s FLR token continued its recovery on Friday, climbing 6.95% to approximately $0.00743 as trading activity increased.

The price move took FLR above a level that had limited earlier recovery attempts, but the speed of the rally also brings with it the possibility of a short-term pause.

FLR rebounds from a record low

FLR reached a daily high of $0.00749, continuing a positive move that began after it fell to a record low on August 19.

Trading volume rose sharply with the price, giving the positive move more weight, as it shows that buyers were actively in the market during the move.

FLR also pushed above resistance at $0.00717, moving to price levels that have been closely watched. Being able to stay above $0.00717 when the…

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