FLOKI price action On the Daily Chart!

Jul 20

The Floki had an interesting price action on the daily chart; the price had shown effective bounces from the demand zone at $0.0001113.

with the broader market sentiments on the chart, the Floki chart has shown massive pumps this week by more than 40%; the price has surpassed the EMA bands, and and resisting is now supporting the price for higher gains to come.

MACD has displayed a bullish cross with a histogram growing at 0.000006772, and RSI flashed at 55.90, indicating bullishness.

Therefore, if the price continues surging, the next resistance is at $0.000222 and $0.000301. However, failing to do so would lead to a drop in prices, and the bears would look at the nearest supports at $0.000158 and $0.000111, respectively.