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he previous demand zone by August. This zonIn the first quarter, Floki token peaked at $0.0003012 before declining to form support at the $0.0001113 demand zone by mid-April 2024. From this zone, FLOKI surged to a new all-time high (ATH) of $0.00034873 by June 5th, 2024. However, profit-taking led to sell-offs, causing FLOKI to dip back to the previous demand zone by August. This zone demonstrated its resilience with multiple effective bounces. On August 5th, FLOKI showed a liquidity grab candle and rose higher, but it failed to replicate the significant gains seen previously on the daily chart. By the end of August, the price couldn't surpass the $0.0001585 barrier and fell back to the demand zone. In the last month of Q3, a bullish presence has been observed, with a dimmer momentum than before. However, clearing the 20-day EMA is a bullish sign. Being at a crucial demand zone, FLOKI could potentially see major gains ahead, similar to previous records. Investors might find opportunities for bullish price developments in the next quarter, Q4. If the price continues to rise, the next resistance levels are at $0.0001585 and $0.0002201. Conversely, failing to do so could lead to a price drop below the demand zone.
CRYPTO:FLOKIUSDLong
by Sam_TCR
precisely on August 5th it displayed a liquidity grabThe Floki token, in its first quarter, peaked at $0.0003011. It declined and formed support at the $0.0001113 demand zone by mid-April 2024. FLOKI blasted off from the same demand zone again and built a new all-time high (ATH) of $0.00034873 by June 5th, 2024. However, the profit takers began sell-offs, which led the FLOKI price to dip back to the previous demand zone by August. By this time, the zone proved its resilience and sturdiness with effective multiple bounces. By the start week of August, precisely on August 5th it displayed a liquidity grab candle and rose higher. However, it failed to manifest the kind of gains, it displayed previously on the daily chart. By the end of the month, the price failed to clear a barricade of $0.0001585 and fell in correlation to a larger market. At press time, the price happens to be back at the same spot it previously had records. Based on the highest probability, investors could get an opportunity over certain bullish price developments at this zone this month. Therefore, if the price keeps on surging, the next resistance levels are at $0.0001585 and $0.0002201. However, failing to do so would lead to a price decrease that could take FLOKI beneath the demand zone.
CRYPTO:FLOKIUSDLong
by Sam_TCR
FLOKI Price Perspective Over daily Chart? The Floki had an interesting price action on the daily chart in its first quarter. The price had peaked first at $0.000301, after which it dipped and formed support at $0.000111 demand zone by mid-April 2024. The FLOKI displayed effective bounces from the demand zone, where it blasted off again and built a new ATH of $0.000348 by June 5th, 2024. however, the sell-offs began again after the second week, which led its price to dip back to the previous demand zone by the first week of August. Over a deeper look into its daily chart, the price on August 5th formed a liquidity grab candle and started rising, which showed a more than 50% jump in its price. In the witnessed surge on the daily chart, this week contributed nearly 20% of gains and pierced the 20-day EMA band. However, the momentum showed struggling signs near dynamic EMA bands of 50-day, and 200-day EMA, which also nears the resistance level of $0.000158. The MACD has displayed a bullish crossover with a histogram growing at 0.000004672, and the RSI flashed at 57.55, indicating bullishness. Therefore, if the price continues surging, the next resistance levels are at $0.0002201 and $0.0003012. However, failing to do so would lead to a price decline in FLOKI, and the bears would look at the nearest supports at $0.0001138 and $0.0000919, respectively.
CRYPTO:FLOKIUSDLong
by Sam_TCR
1
FLOKI price action On the Daily Chart! 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.
CRYPTO:FLOKIUSDLong
by Sam_TCR
FLOKI Price Crashes From The Highs: A Rebound Or Downfall Ahead?FLOKI Price Crashes From The Highs: A Rebound Or Downfall Ahead? FLOKI price crashed from fresh highs and eroded nearly 50% of its value in the last three weeks. The price DAA divergence indicator has improved indicating waning interest of the sellers at the bottom. FLOKI price seemed to be stabilizing near the 200 day Exponential moving average after a crash from the fresh highs. The investors lost nearly 50% in the last three weeks due a sudden price crash. At the time of writing, FLOKI was exchanging hands close to $0.00016 recording a 1.73% drop a day. Moreover there has been a notable development in the price DAA divergence indicator which may add hope to the long term Investors. Let's dive deeper and try to analyze the outcomes and forecast how sooner or later the FLOKI price may head for a recovery. FLOKI Crypto: Price DAA Divergence Indicator Starts To Improve? After a sharp crash in the recent sessions, FLOKI price is attempting to stabilize near the key exponential moving average adding some relief to the long term investors. However, a notable development has been observed in the price DAA divergence which may also rejoice the long term investors of FLOKI. As per the data obtained by a financial and on-chain website app.santiment.net, a bearish divergence between the price and daily active address had started ceasing. It suggests that the bears might be losing interest, attracting a possibility of recovery if the bulls dominate. Price DAA divergence is an on-chain indicator which tracks the correlation between the price and daily active addresses. A positive divergence is often regarded as a trend continuation and vice versa. Can FLOKI Make A Strong Comeback? FLOKI crypto has crashed eroding the gains obtained in the last three months. The recent price crash has weakened the short term trend. However, the long term trend still points to a positive side as the price still hovers above the previous swing low and 200 day Exponential moving average. Currently, the FLOKI Crypto seems to be stabilizing above the recent demand zone of $0.000153 and 200 day EMA probably gathering strength to rise again. Now, if FLOKI breaks the consolidation on the lower side, it may indicate a bearish reversal. On the other side, if a break on the higher side may indicate a bullish continuation in the crypto. However, it requires ample consolidation before a breakout. The RSI and SMA line have also surged from an oversold zone adding more to an improving sentiment. What’s Next For FLOKI: Breakout Or Breakdown? FLOKI crypto has been showing signs of stabilization near the 200-day Exponential Moving Average after a significant drop. The long term investors have incurred a 50% loss in three weeks, but recent data suggests waning bears interest, hinting at potential recovery if bullish momentum takes over. Despite a short-term downtrend, the long-term outlook remains positive as the price hovers above the previous swing low and 200-day EMA. FLOKI was hovering in a range bound zone showing consolidation. A break above could signal a bullish trend, while a breakdown could suggest a bearish reversal. Improved RSI and SMA lines indicate a positive shift in the market sentiment
CRYPTO:FLOKIUSD
by Ritika_TCR
1
FLOKI Snapped Off The Previous Week's Profits!FLOKI Snapped Off The Previous Week's Profits! FLOKI had been following a strong trend for the last four weeks. However, this week's downturn has snapped off most of the gains. The investors saw a 24% decline in their portfolio this week making it the 2nd worst performer of the week behind the Wormhole. The popular meme coin faced a string selloff after the bulls tried to surpass the annual high of $0.0003 level. At the time of writing, FLOKI was trading close to $0.00020 level and seemed to be struggling to gain ground. On the lower side, the $0.000167 level may act as a strong support and try to halt the further downturn. Despite the significant downturn this week, the long term trend outlook still lies on the positive side. the bulls may bounce back if the selling pressures fades away in the broader market.
CRYPTO:FLOKIUSD
by Ritika_TCR
FLOKI price could aim for higher levelAt 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.
CRYPTO:FLOKIUSDLong
by Sam_TCR
1
maintain a bullish momentumThe Altcoins are rising, maintain a bullish momentum, and appear ripe for a splendid surge. It looks like bulls have harnessed energy to pierce the resistance level on higher TF and climb to new altitudes from the current zone. Moreover, the NOT has surged 11.35% in the intraday, and KAS has surged 1.56%. Meanwhile, ENA showed bearishness on intraday with dip of -7.365, and Floki plunged -1.35% in the price performance. Additionally, the Notcoin (NOT), Floki Inu (FLOKI), Kaspa (KAS), And Ethena (ENA) , all these altcoins indicator tools are highlighting optimism.
BITFINEX:FLOKIUSDLong
by Sam_TCR
FLOKI Reveals A Cosmic Leap Of Over 24% In Intraday: All Time HiFLOKI Reveals A Cosmic Leap Of Over 24% In Intraday: All Time High In Sight This week heralds a pivotal moment for FLOKI, as trading commences on Coinbase Perpetuals starting May 30. The launch of Floki Staking Launchpad v2.0 unfolds today, accompanied by the strategic burning of 15 billion FLOKI tokens within the week. FLOKI is trending on Binance, claiming the title of the world's most popular memecoin and surpassing other leading coins in performance this week. Moreover, FLOKI's price has soared by 24%, signaling a strong uptrend. The anticipation is high as the Floki Staking Launchpad v2.0 is scheduled to go live today. Presently, FLOKI's price is a mere 8% below of its highest recorded value of $0.00031. This impressive climb has propelled Floki to the 50th position in terms of market capitalization and to the 20th spot in trading volume, according to CoinMarketCap. In the competitive arena of over 10,000 crypto projects, Floki is on a steadfast ascent, aiming to secure its status as the most recognized and widely utilized cryptocurrency globally. Floki/TokenFi Weekly Recap: This week is going to be significant for Floki and TokenFi enthusiasts, with several key developments. Over 15 billion FLOKI token burn announcement, a move that typically aims to reduce supply and potentially increase the token's value. This week in #Floki / #TokenFi Weekly Recap:✓ 15B+ CRYPTOCAP:FLOKI burn✓ New TokeFi launchpads✓ $TOKEN on @UpholdInc✓ Floki perpetuals on @Coinbase ✓ CRYPTOCAP:ETH ETF & the future of #tokenization✓ RIP KABOSUAll this, and more, on Sat, May 25, at 5PM UTC!👇 t.co FLOKI (@RealFlokiInu) May 24, 2024 Additionally, TokenFi unveils new launchpads, expanding the ecosystem and providing users with more avenues for engagement and investment. Moreover, Floki perpetuals have been listed on Coinbase which is one of the leading cryptocurrency exchanges offering traders to engage in perpetual contracts for Floki. These advancements reflect the dynamic and evolving nature of the Floki and TokenFi platforms, marking another exciting week in the world of cryptocurrency. Coinbase Has Listed FLOKI Perpetual Futures Coinbase, renowned for its stringent compliance and regulatory standards, has recently added FLOKI Perpetual Futures to its trading platform. It is the most esteemed cryptocurrency exchange in the United States and one of the largest globally. Coinbase has listed CRYPTOCAP:FLOKI perpetual futures!@Coinbase is a highly compliant and regulated exchange. It is also the biggest and most respected crypto exchange in the US (by far!), and one of the world's biggest exchanges, boasting over 100 million users, over $330 billion… t.co pic.twitter.com/FBKWnK9UfF— FLOKI (@RealFlokiInu) May 23, 2024 Moreover, Coinbase serves over 100 million customers, manages assets exceeding $330 billion, and reports a staggering $312 billion in quarterly trading volume. This positions it as the top choice for both institutional and individual investors. The inclusion of FLOKI on Coinbase is a clear indication of its growing maturity and acceptance among key market players. This move is poised to substantially boost FLOKI's liquidity in the market, aligning with our goal to establish FLOKI as the most recognized and prevalently utilized cryptocurrency worldwide. What's Next For FLOKI? FLOKI price has experienced a remarkable surge, propelled by a sequence of significant developments this week. The cryptocurrency has witnessed an impressive intraday increase of over 24%, bringing it tantalizingly close to its all-time high, now just 8% away. Observing its price trajectory, FLOKI has consistently been charting new highs, having emerged from its early May correction phase. The momentum is corroborated by technical indicators, suggesting there's potential for even greater ascension. A bullish crossover in the RSI line reinforces this outlook, providing additional validation for the ongoing uptrend.
CRYPTO:FLOKIUSDLong
by Ritika_TCR
1
the asset demonstrates bullishnessThe Floki Inu price between the bulls and bears was intense throughout the chart. Since its April 13 low of $0.0001100, the price has been riding an uptrend-based trendline, and gradually, bulls are getting traction and may reach higher levels. Floki Inu Climbing On A Ladder, Would It Keep On Riding Higher? The Floki crypto rose massively during the start of March 2024 and reached a peak of $0.0003000 by March 11th, 2024. In a matter of days, the price evolved with massive gains. However, it failed to sustain its gains and deteriorated in a wedge until it returned to its prior best support at $0.0001100. However, the Floki Inu crypto has demonstrated a rebound as the price surged from a critical formed support level of around $0.0001100 on the chart by April 13th. The price showed the failure of bears, and bull pressure started to rise, which led its price to break out from the wedge. At press time, the crypto is trading at $0.0002322 with an intraday gains of 5.48%. The Floki crypto appears primed for a phenomenal rally amid positivity spread by various personalities on social platforms. Hence, if it accumulates sufficient buying power, it could even break the resistance level of $0.0003000 and zoom to new highs above this resistance. Similarly, indicator-wise, the asset demonstrates bullishness as it is above 50-day and 200-day EMAs. Likewise, MACD shows a bullish cross above the zero line, with histogram at 0.0000035425 and the RSI flashing at 64.20. On the contrary, if the FLOKI declines and breaks the previous swing low of $0.0001585, the breakout could fail, and the pattern will lose its significance and become invalid. With this failure in this situation, buyers could be paralyzed, causing them to decline towards lower support.
CRYPTO:FLOKIUSDLong
by Sam_TCR
1
the asset is demonstrating bullishness The Floki crypto rose massively during the start of March 2024 and reached a peak of $0.00030000 by March 11th, 2024, in a matter of days the price evolved with massive gains. But, failed to sustain its gains and deteriorated in a wedge, until it was back to its prior best support, which was at $0.00011000. However, the Floki Inu crypto has demonstrated a rebound as the price surged from a critical formed support level of around $0.00011000 on the chart, by April 13th. The price showed the failure of bears, and bull pressure started to rise, which led its price to break out from the wedge. At press time, the crypto is trading at $0.0001976 with an intraday gains of 2.50%. The Floki crypto appears primed for a phenomenal rally amid positivity spread by various personalities on social platform. Hence, if it accumulates sufficient buying power, it could even break the resistance level of $0.00030000 and could zoom to new highs above this resistance Similarly, indicator-wise, the asset is demonstrating bullishness as it is above 50-day and 200-day EMAs. Likewise, MACD shows a bullish cross above zero line at 0.00000680, and RSI flashing at 55.98. On the contrary, if the FLOKI declines and breaks the previous swing low of $0.00015850, the breakout could fail, and the pattern will lose its significance and it will become invalid. With this failure in this situation, buyers could be paralyzed, causing them to decline towards lower support.
CRYPTO:FLOKIUSDLong
by Sam_TCR
Floki Announces Massive 15.24 Billion Token Burn: What’s Next?Floki Announces Massive 15.24 Billion Token Burn: What’s Next? The Floki DAO has overwhelmingly approved a token burn, with a staggering 99.84% consensus to incinerate 15.246 billion tokens within the week. According to market analysts, FLOKI crypto is poised for a potential uptrend, signaling the onset of a new bullish phase. The Floki crypto is experiencing a significant upswing, propelled by the overall market's recovery. Additionally, a recent declaration from the FLOKI DAO regarding a massive token burn of 15.24 billion tokens could further elevate its value. The token burn by FLOKI DAO is set to significantly reduce the number of tokens in circulation, potentially leading to a scarcity that could enhance the tokens' value over time. Let's explore the effects of this recent development and assess if it could positively influence Floki's market price. FLOKI DAO Passes Vote To Burn A Massive 15.246 Billion Tokens According to the latest update from FLOKI's official Twitter (X) account, the FLOKI DAO has overwhelmingly agreed to a token burn, with an impressive 99.84% of participants supporting the decision to destroy 15.246 billion FLOKI tokens. As per the tweet, the whole process is set to occur within the next week. IT'S OFFICIAL: FLOKI DAO PASSES VOTE TO BURN 15,246,000,000 FLOKI TOKENSThe #Floki DAO has voted in favor of burning 15,246,000,000 SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens, with an overwhelming majority of 99.84% voting in favor of the burn.In line with the decision of the Floki DAO, the tokens will… t.co pic.twitter.com/TGRA8hzVj4— FLOKI (@RealFlokiInu) May 15, 2024 Moreover, the current circulating supply of 9.557 Billion FLOKI tokens and 9.707 Billion tokens in the total supply. Can FLoki Price Explode Soon? The daily chart has shown a breakout and subsequent retest within a parallel channel pattern, signaling an end to the corrective trend and the possibility of an upcoming bullish wave. Furthermore, Floki's price trajectory is forming an ascending pattern of peaks and troughs, reinforcing the likelihood of a bullish trend. This, coupled with the broader market's recovery, could further enhance its value. On the higher side, Floki is yet to reach its annual peak, suggesting there could be an upside potential of approximately 47%. However, if the crypto fails to benefit from the recent news and broader market's positivity and falls below the $0.0002 level it may invalidate a breakout and extend the correction phase. Conclusion. Floki crypto is on the rise, driven by market recovery and a FLOKI DAO-approved token burn of 15.24 billion tokens, aiming to create scarcity and boost value. A 99.84% majority voted for the burn which is set to happen within a week. Moreover, Technical analysis shows a breakout pattern, hinting at a bullish trend and a potential 47% increase if Floki reaches its yearly high. However, dropping below $0.0002 could negate this positive outlook and prolong the correction phase. Disclaimer The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
CRYPTO:FLOKIUSDLong
by Ritika_TCR
FLOKI Investors Watch Closely as a 40% Gain Looms with Imminent the 7-day active addresses have observed growth in the last two weeks, despite a price correction. The FLOKI was trading close to $0.00017 recording an intraday gain of nearly 4.02%. The crypto markets saw a sizable drop in April drop, marking the first month of decline since August 2023. However, the recent correction seems to be cooling down, and there are high hopes that the market will rally again soon. In fact, there are indications that Floki Inu might emerge as one of the top-performing cryptos in May 2024, with a significant increase in active addresses over the last two weeks. This is certainly an exciting prospect to keep an eye on! In addition, the potential of FLOKI for the upcoming sessions is generating a lot of buzz, especially as the price action forms an intriguing pattern over the daily chart. There is a growing anticipation for what could be a significant breakthrough for FLOKI, and investors are eagerly awaiting the future events that could unfold in the crypto market. Surging Active Addresses Grab the Attention of Investors! The FLOKI cryptocurrency has recently been experiencing a downturn and has been in a correction phase since mid-March. As per the daily chart, the crypto has been declining and forming a parallel channel pattern. However, there is a silver lining as the number of active addresses has been showing remarkable growth in the past two weeks. The 7-day and 24-hour active addresses have observed a rise of almost 30%, which could potentially lead to a positive impact on the price trend. Active addresses in cryptocurrency refer to the number of unique addresses that have engaged in transactions on a given blockchain over a specific period of time. This metric can be used to track the growth and adoption of a particular cryptocurrency. An increase in the number of active addresses generally indicates a rising number of users who are actively participating in the network, which in turn can drive the growth and success of the cryptocurrency. FLOKI Crypto Price Prediction. The daily chart of FLOKI crypto displays a pattern of a declining parallel channel with the current price positioned between the upper and lower limits of the channel. This suggests that the crypto may continue to experience a correction phase until the price remains within the channel's range. However, any breakout or breakdown could potentially end the correction. Moreover, the recent price movements have exhibited the formation of a higher low, which indicates an increased likelihood of a trend shift and breakout. Based on our analysts' assessments, a sustained breakout on the higher side may lead to a potential rise of up to 40% in the value of FLOKI crypto. Conclusion. The crypto market saw a decline in April, but the correction seems to be cooling down, as FLOKI is generating excitement among investors. FLOKI has been declining and forming a parallel channel pattern since mid-March, but the number of active addresses has been showing remarkable growth in the past two weeks. Moreover, The active addresses' rise could potentially lead to a positive impact on the price trend, and a sustained breakout on the higher side may lead to a potential rise of up to 40% in the value of FLOKI crypto. Technical levels: Support levels: $0.00014 and $0.00011 Resistance levels: $0.00018 and $0.00022
CRYPTO:FLOKIUSDLong
by Ritika_TCR
Floki Inu Crypto Floki Inu crypto trades lightly on Monday, March 11th, witnessing good volume in Intraday. The price has gained nearly 3.85% in intraday, trading close to $0.0002832. The bulls are dominating and comfortably maintaining the price at the higher levels. The FLOKI crypto trades near its All-time-high value and might continue to surge higher as its overall market is trading positively. The recent price analysis displays that the Floki inu crypto has been drawing upward trajectories from the last week after taking a pause at the $0.000111 price point level. On the other side, the bears might be looking for a fair opportunity to enter the market of Floki Inu crypto asset. Since the recent sessions have experienced complete domination of buyers due to recent developments over the daily chart. Recently, the Floki inu crypto price has reached an ATH mark, which may have both positive and negative impacts on the price. Therefore the achievement may also excite some new investors and attract them towards the FLOKI cryptocurrency. Otherwise, it may also trigger a profit-booking opportunity for some Investors who have gotten a significant return from Floki Inu token on the portfolio.
CRYPTO:FLOKIUSDLong
by Sam_TCR