FLOKI price could aim for higher level
At press time, the price has traded at $0.0003305 with an intraday surge of +11.78%, with a market capitalization of $3.15 Billion.
Analyst MacroCRG expressed optimism on X, noting that Floki Inu (FLOKI) has broken out from a bullish wedge on the 1-day chart, highlighting a fresh yearly highs in the memecoin.
Similarly, analyst CryptoScofield conveyed a positive outlook on the same platform, and said it has become an unstoppable rocket. On observing that Floki has overcome a symmmetrical pattern on the 3-day chart.
Moreover, this successful breakout has led to surpass historical price levels, which drawed the price upward like a magnet, and Now, yearly hurdles are no more, and a fresh high has been on the chart of Floki.
The combined analysis from both tweets suggests that FLOKI's happens to be on consistent rise from its support level, staying above both the 50-day and 200-day exponential moving averages (EMAs), signaling a robust bullish trend over the long term.
Likewise, the MACD and RSI indicating an overbought condition. Should buyers lose momentum, the further breakout's potential may be capped. However, if the FLoki price continues to climb despite challenges, it could lead to a remarkable upward surge.
Since new yearly highs are achieved, and if the breakout maintains its momentum, FLOKI price could aim for higher levels, potentially reaching $0.000400 and, if surpassed, could extend gains up to $0.000500.
Additionally, if Floki price cannot hold above the $0.000250 mark, it may face a further plunge towards the demand zone at lower levels.
Analyst MacroCRG expressed optimism on X, noting that Floki Inu (FLOKI) has broken out from a bullish wedge on the 1-day chart, highlighting a fresh yearly highs in the memecoin.
Similarly, analyst CryptoScofield conveyed a positive outlook on the same platform, and said it has become an unstoppable rocket. On observing that Floki has overcome a symmmetrical pattern on the 3-day chart.
Moreover, this successful breakout has led to surpass historical price levels, which drawed the price upward like a magnet, and Now, yearly hurdles are no more, and a fresh high has been on the chart of Floki.
The combined analysis from both tweets suggests that FLOKI's happens to be on consistent rise from its support level, staying above both the 50-day and 200-day exponential moving averages (EMAs), signaling a robust bullish trend over the long term.
Likewise, the MACD and RSI indicating an overbought condition. Should buyers lose momentum, the further breakout's potential may be capped. However, if the FLoki price continues to climb despite challenges, it could lead to a remarkable upward surge.
Since new yearly highs are achieved, and if the breakout maintains its momentum, FLOKI price could aim for higher levels, potentially reaching $0.000400 and, if surpassed, could extend gains up to $0.000500.
Additionally, if Floki price cannot hold above the $0.000250 mark, it may face a further plunge towards the demand zone at lower levels.
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