Flow Foundation Destroys 87.4 Billion Counterfeit Tokens
- Token Destruction: On January 31, the Flow Foundation permanently destroyed 87.4 billion counterfeit FLOW tokens, marking the successful conclusion of technical remediation efforts following the December 27, 2025 security incident, thereby ensuring network integrity and restoring user confidence.
- Transaction Health Restoration: The removal of counterfeit tokens has restored transaction health within the Flow network, which is currently processing over 3 million transactions weekly, indicating a robust recovery and growth potential for the ecosystem.
- Enhanced Security Measures: Following the incident, the Flow Foundation implemented additional security enhancements to prevent future breaches, demonstrating its proactive approach and accountability within the cryptocurrency industry.
- Market Stability Improvement: Researchers noted that the decisive removal of counterfeit tokens could pave the way for long-term financial stability and security in the crypto sector; while no regulatory changes were announced, enhanced protocol-level precautions effectively anticipate future security challenges.
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Technical Analysis for FLOW
Technical Sentiment Analysis for Flow (FLOW) As of , Flow (FLOW) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 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 | 0.00306 | 0.0194 | 0.0342 | 0.0505 | 0.0653 | 0.0816 | 0.0964 |
| Fibonacci | 0.0194 | 0.0313 | 0.0386 | 0.0505 | 0.0624 | 0.0698 | 0.0816 |
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