FLR Reaches New Highs, Targeting $0.02000 After Bullish Breakout Trends

Flare (FLR) has experienced a significant surge in price within the last 24 hours, with its value jumping over 17% to trade at $0.01766. This impressive climb follows a period of gradual gains over the past weeks and months, and is fueled by heightened interest and increased trading volume. Trading volume spiked by 200% to reach $43.63 million as the token’s market capitalization grew 15.94% to surpass $1.11 billion. Cryptoinsightuk points to this price rally being a continuation of a gradual upward trend, with current momentum approaching its intra-day peak. Technical analysis further supports this bullish outlook, as FLR has recently broken above key support levels and now sits near immediate resistance at $0.0187 on the daily chart.