Cardano Weekly Development Update

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 20 2025

FLOW+1.782%

ADA+0.628%

Should l Buy FLOW?

Cardano Ecosystem Growth: Cardano has surpassed 2,003 projects and over 110.63 million transactions, with significant community engagement reflected in the growth of delegated wallets and active smart contract deployments. Key developments include partnerships, new governance tools, and support from Brave Wallet.
Technological Advancements: The ledger team is modernizing tools and preparing for a hard fork, while the Mithril and Leios teams are enhancing network capabilities and simulations. Project Catalyst continues to evolve user experience design and showcases successful project completions.

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Technical Analysis for FLOW

Technical Sentiment Analysis for Flow (FLOW) As of , Flow (FLOW) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FLOW stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, FLOW is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Flow (FLOW) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00875	0.0222	0.035	0.0485	0.0613	0.0748	0.0876
Fibonacci	0.0222	0.0323	0.0385	0.0485	0.0586	0.0648	0.0748

About FLOW

Flow is a layer one blockchain designed from the ground up for consumer apps and the digital assets that power them. The network runs on a Proof of Stake consensus mechanism with a unique 'multi-role' architecture that solves the blockchain trilemma, balancing scalability, efficiency, and cost.FLOW ($FLOW) is the native utility token that is used for:Fees for processing transactions and storing data.Buying, selling, and trading assets on FlowStaking and delegating to secure the networkFlow tools include:Cadence, a purpose-built smart contract programming language designed for consumer-grade applicationsFull EVM equivalence, allowing anything from Ethereum to work on FlowProtocol-level account abstraction and mobile support for onboarding new usersCross-chain interoperability with the wider web3 ecosystemDeveloper hub with comprehensive documentation and tools

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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