Flare is currently trading at $0.00933, reflecting recent volatility in the cryptocurrency market. The token has experienced mixed performance over different timeframes, with notable gains over the past week offset by near-term losses.
Price Performance
FLR declined 3.36% over the last 24 hours and dropped 0.45% in the past hour. However, the token showed stronger momentum on a weekly basis, gaining 15.61% over the past seven days. This suggests recent recovery efforts following earlier downward pressure.
Market Metrics
The cryptocurrency maintains a market capitalization of approximately $804 million, ranking 81st among all digital assets. Daily trading volume reached $9.98 million, indicating moderate liquidity in the market. The fully diluted valuation stands at $987.7 million.
Supply Overview
Flare's circulating supply totals 86.16 billion FLR tokens, with a maximum supply of 105.84 billion tokens. This supply structure reflects the project's tokenomics design and ongoing distribution schedule.
Network Activity
The Flare network continues operations with active blockchain explorers available at Flarescan.com for transaction verification and network monitoring. The project maintains active community engagement through social channels including Twitter and Reddit.
Why is FLR price down today?
Flare (FLR) 24-Hour Price Analysis
Current Price & Performance
Flare is trading at $0.00933 as of May 16, 2026, down 3.36% over the last 24 hours. The token has also declined 0.45% in the past hour, indicating continued downward pressure in the short term.
Market Context
Despite the daily decline, FLR demonstrates stronger medium-term momentum with a 15.61% gain over the past week, suggesting the 24-hour pullback may represent a temporary correction within a broader uptrend.
Key Market Metrics
Market Capitalization: $804.1 million
24-Hour Trading Volume: $9.98 million
Fully Diluted Valuation: $987.7 million
Circulating Supply: 86.16 billion FLR
Total Supply: 105.84 billion FLR
The relatively modest trading volume compared to market cap indicates moderate liquidity, which can amplify price volatility during market movements.
Analysis
The 3.36% decline appears to reflect profit-taking activity following the strong weekly performance. With FLR ranked 81st by market cap, the token remains subject to broader cryptocurrency market sentiment shifts and potential rebalancing by investors capitalizing on recent gains. The hourly decline of 0.45% suggests selling pressure may be stabilizing, though the token remains in a consolidation phase.
What is the market sentiment for FLR today?
Flare (FLR) Market Sentiment Analysis
Overall Sentiment: Neutral to Cautiously Optimistic
Current market data for Flare reflects mixed signals across different timeframes, with short-term weakness offset by moderate medium-term gains.
Price Action and Technical Sentiment
Current Metrics:
Trading price: $0.00933 USD
24-hour change: -3.36% (bearish short-term)
7-day change: +15.61% (bullish medium-term)
1-hour change: -0.45% (slight intraday weakness)
The divergence between timeframes indicates consolidation behavior. The 15.61% weekly gain suggests accumulation and recovery momentum, while the 3.36% daily decline reflects profit-taking or temporary pullback within an uptrend.
Market Structure Indicators
Liquidity and Volatility Profile:
Market capitalization: $804.1 million (rank #81)
24-hour trading volume: $9.98 million
Volatility score: 6.50 (low volatility)
Liquidity score: 30.65 (moderate liquidity)
Low volatility combined with moderate liquidity suggests FLR is trading in a relatively stable range without extreme price swings. This typically attracts risk-averse investors but may limit upside momentum.
Valuation Context
Fully diluted valuation: $987.7 million
Available supply: 86.16 billion FLR
Total supply: 105.84 billion FLR
The gap between market cap and fully diluted valuation indicates moderate dilution risk from future token releases, which may weigh on long-term sentiment among sophisticated investors.
Sentiment Assessment
The neutral-to-cautiously-optimistic outlook reflects:
Positive factors: Weekly uptrend of 15.61%, low volatility suggesting stability, established market position at rank #81
Negative factors: Daily decline of 3.36%, moderate liquidity constraints, dilution from outstanding token supply
Neutral factors: Risk score of 58.11 (moderate risk profile), stable price action without extreme movements
Market participants appear to be in a holding pattern, with recent weekly gains suggesting underlying support but daily weakness indicating hesitation at current price levels.
FLR Technical Analysis: Key Support & Resistance Levels?
FLR Technical Analysis: Key Support & Resistance Levels
The 7-day positive performance of +15.61% indicates recent bullish momentum, though the 24-hour pullback of -3.36% suggests profit-taking or consolidation at current levels.
Key Support Levels
Level
Significance
$0.00900
Psychological support; recent trading floor
$0.00850
Secondary support; 7-day swing low area
$0.00800
Major support; round number confluence
The recent 24-hour decline from higher levels suggests the $0.00900 zone is functioning as immediate support. A break below $0.00850 would indicate weakness and potential test of $0.00800.
Key Resistance Levels
Level
Significance
$0.00950
Immediate resistance; recent swing high
$0.01000
Psychological resistance; round number
$0.01050
Extended resistance; 7-day high area
The $0.01000 level represents a critical psychological barrier. Breaking above this zone would target $0.01050 and potentially higher levels.
Trading volume of $9.98M indicates adequate liquidity for position entry/exit, though not exceptional
Risk Score: 58.11 (Moderate-High)
Reflects typical altcoin risk profile with price sensitivity to broader market conditions
Chart Pattern Analysis
The 7-day +15.61% gain followed by 24-hour -3.36% pullback suggests a potential consolidation pattern forming. This behavior is typical of:
Accumulation phase before continuation
Profit-taking after rally
Preparation for directional breakout
Trading Volume Dynamics
Current volume of $9.98M represents moderate activity. Sustained volume above $12M would confirm bullish breakout attempts above $0.01000, while declining volume during pullbacks would suggest weak selling pressure.
Short-Term Outlook (Hourly to Daily)
Bias: Neutral to Slightly Bullish
Price consolidating between $0.00900-$0.00950
7-day uptrend intact but short-term momentum cooling
Watch for breakout above $0.00950 for continuation signal
$0.01000 — Major psychological barrier; key decision point
$0.01050 — Extended target if $0.01000 breaks decisively
The low volatility score combined with moderate liquidity suggests FLR may experience extended consolidation before the next directional move. Volume confirmation will be essential for validating breakout attempts in either direction.
