Flare Price Prediction: FLR Soars 37%, But Is This Bitcoin Cloud Mining Coin A Better Way to Ride The Next Bull Run?

The Flare price has jumped by 37% in the last 24 hours to trade at $0.01849 as of 3:30 a.m. EST.

According to @JavonTM1, FLR has another 111% upside still to come.

$FLR (#FlareNetwork) –

Prices extend approximately +65% more and that target @ $0.042445 remains, implying another +111% ???? https://t.co/3dZdGGe09i pic.twitter.com/hYPscaMlhO

— JAVON⚡️MARKS (@JavonTM1) December 9, 2023

Flare Price Prediction

The 30-minute FLR/USD charts show that the Relative Strength Index indicator has regained its upswing as it heads for a crossover back above 50. The MACD indicator is also moving towards the green zone, showing fading bearishness.

These indicate a continuous jump on the Flare price in the short term as bulls hold on to the $0.014 support level.

The 50-period moving average has also exceeded the 200-period moving average, showing buying pressure on Flare, backing the prospects of a bullish short term.

According to King Doggo, Flare’s LayerCake technology has massive potential.

I am a big $FLR supporter for a reason.. ☀️

People got angry because of the price and the delays of the launch, but the technology they bring to the table will be massive.

Let me remind you again why $FLR will be massive with their ‘LayerCake’. ???? pic.twitter.com/eaycXuETuI

— ???? ???????????????? ???????????????????? ???? (@KingDoggoXRP) November 13, 2023

Looking at volatility, the Bollinger Bands are far apart, showing high volatility levels on the Flare price. This can be attributed to increasing trading activities that have seen FLR’s trading volume skyrocket by 914% within the last 24 hours. 

Meanwhile, as the Flare price pumps, Bitcoin Minetrix is not slowing down with its BTCMTX token presale as the project now secures over $5.1 million in funding.

Bitcoin Minetrix’s token (BTCMTX) is priced at $0.0121. Investors are urged to act swiftly as the price is scheduled to rise within the next two days.

Flare Price Prediction: What is Bitcoin Minetrix? Is BTCMTX a Better Investment Over FLR?

Bitcoin Minetrix introduces a revolutionary approach to mining, potentially leading to a 100x price increase during the ongoing bull run.

The project rewards BTCMTX token holders with cloud mining credits on Ethereum, creating a passive income stream. In contrast to traditional cloud mining risks, Bitcoin Minetrix ensures transparency and efficiency through an on-chain system, preventing fraud.

The stake-to-mine smart contract manages cloud credits, mining allocation, and mining time, enhancing user control and security.

Interested in #Bitcoin but not the technicalities?

Cloud mining’s got your back! ????

Saying goodbye to setup, maintenance, and noisy rigs. ????️

Plus, it’s cost-efficient and saves space.

Perfect for newcomers exploring the world of #Crypto! ????#BitcoinMinetrix #CloudMining pic.twitter.com/7JQ36XUy74

— Bitcoinminetrix (@bitcoinminetrix) December 10, 2023

Bitcoin Minetrix’s user-friendly and near-frictionless mining approach could contribute to increased network hash power, enhancing security and decentralization. The project reopens the door for small-scale miners, aligning with Bitcoin’s initial vision of inclusivity.

Bitcoin Minetrix is gaining attention with prominent endorsements from crypto influencers like Michael Wrubel and Jacob Crypto Bury. 

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As Bitcoin alternatives rise in prominence, the project positions itself as a unique investment opportunity amid the ongoing crypto bull run.

Bitcoin Minetrix’s innovative approach to cloud mining, strategic team, and favourable market dynamics make it a noteworthy project amid the evolving crypto landscape.

As the crypto community anticipates the approval of Bitcoin ETFs, projects like Bitcoin Minetrix stand to benefit from the growing interest in digital assets. So, while you watch the Flare price movements, Bitcoin Minetrix could be your ultimate investment.

Visit Bitcoin Minetrix here.

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