Memecoins are consolidating after a recent breakout and now again look good for a new rally. Floki Inu is the leading candidate for a buy in this sector.
Support at $0.00013 held up and price has broken back above 200-day MA, retaining it’s long-term Uptrend.
Now it broke above $0.00019 to signal continuation of uptrend, with +40% upside potential to $0.00027 next. Stop Loss at $0.000165.
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Table of Contents
Floki Crypto Price Analysis
- Price: $0.0001879
- 24-Hour Price Change: +0.39%
- 24-Hour Trading Volume: $262,470,698
- Market Capitalization: $1,820,720,046
- Market Cap Rank: 58th
- Circulating Supply: 9,691,967,951,048 FLOKI
Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it’s advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
Weekly Price Analysis
- Price Change (7 days): +0.05%
- Weekly Low: $0.0001801
- Weekly High: $0.0001902
- Trend:ย Short-term trend is Up, Medium-term trend is Neutral and Long-term trend is Neutral.
- Momentumย is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked sinceย MACD Histogramย bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
- Support and Resistance:ย Nearest Support Zone is $0.00013, then $0.0001.ย Nearest Resistance Zone is $0.00019, then $0.00027.
Technical Indicators
Moving Averages
- SMA 50: $0.000215 (Sell)
- SMA 100: $0.000208 (Buy)
- SMA 200: $0.000123 (Buy)ใ8โ sourceใ
Exponential Moving Averages (EMAs)
- EMA 50: $0.000211 (Buy)
- EMA 100: $0.00018 (Buy)
- EMA 200: $0.000136 (Buy)
News Roundup
- Scam Warnings: Floki Inu warns against scam tokens on Solana and Base platforms
- Philanthropic Efforts: Plans to build a new school in India following successful projects in Nigeria, Laos, Guatemala, and Ghana
- Institutional Investment: DWF Labs invests another $12 million in Floki tokens, anticipating the launch of the Valhalla metaverse game and a decentralized domain service
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