The Flockerz price jumped 96% over the past 24 hours, reaching $0.00156 alongside a 209% increase in trading volume.
Flockerz Price and the Cup and Handle Pattern
The Flockerz price chart shows a Cup and Handle pattern, indicating potential upward momentum. The cup starts from a low point of $0.0005 and reaches resistance at $0.0016. The price then enters the 'handle' phase, signaling a possible breakout with a target of $0.0025.
Flockerz Price Indicators Analysis
Technical indicators support the bullish sentiment. The 50-day SMA acts as a dynamic support. MACD shows a bullish crossover. RSI is nearing the overbought zone, indicating strong bullish momentum.
Meme Index Presale Nears $4 Million
Alongside Flockerz's rise, the new Meme Index project has raised over $3.2 million. MEMEX offers various indices for diversifying investments in meme coins. MEMEX's position can increase post-launch due to sustained demand.
The rise in Flockerz is linked to technical factors and market conditions. Investors are keenly watching the potential growth backed by strong technical indicators.
