• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Floki Might Soon Break Out: Expectations for a New Growth Wave

user avatar

by Giorgi Kostiuk

8 months ago


Floki cryptocurrency is showing signs suggesting the possibility of a new wave of growth, based on current technical analyses and buyer interest.

Bullish Flag and Possible Breakout

Floki is forming a bullish flag, which indicates the potential for a soon-to-come price increase. This pattern appears after a sharp upward move and typically signals a continuation of the trend following the consolidation phase. Analyst World of Charts noted a strong probability of a breakout based on the current trend, possibly resulting in a significant 200% price increase in the coming days.

Overcoming the 200-Day Moving Average

Floki successfully crossed the 200-day moving average, a key indicator of long-term trend strength. This move could attract additional investor interest focused on long-term prospects and confirm a shift from bearish to bullish dominance.

Rising Volumes and Capitalization

Floki has secured its spot among the top ten meme coins by capitalization, reaching $1.4 billion. A substantial trading volume of $215 million over the last 24 hours suggests high market activity, which may facilitate a breakout from the current consolidation phase and a new price rise.

Current market conditions and growing interest in Floki could be key to developing a new growth wave, though success will depend on the overall market situation and investor sentiment.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Bullish, the Crypto Exchange Backed by Peter Thiel, Prepares for IPO

chest

Bullish has filed for IPO, seeking to enter the public market and compete with major players.

user avatarGiorgi Kostiuk

USDC Use on Stellar and Its Impact on XLM Value

chest

Statistics show a rise in USDC transactions on Stellar, indicating growing utility that fuels speculation on XLM prices.

user avatarGiorgi Kostiuk

Litecoin Records New Open Interest at $761 Million. Is LTC Heading to $120?

chest

Litecoin has reached a new record open interest of $761 million, and 66.3% of addresses are in profit, raising hopes for a price increase to $120.

user avatarGiorgi Kostiuk

World Liberty Announces WLFI Token Launch Valued at $16 Billion

chest

WLFI token by World Liberty plans to debut with a $16 billion valuation, with significant backing from DT Marks DEFI LLC.

user avatarGiorgi Kostiuk

Impact of GENIUS Act: Trump Establishes Federal Stablecoin Guidelines

chest

President Trump has signed the GENIUS Act, establishing federal regulations for stablecoins and impacting the U.S. crypto landscape.

user avatarGiorgi Kostiuk

New Opportunities in the Meme Cryptocurrency Market: Troller Cat Gaining Popularity

chest

Exploring the rise of Troller Cat amid shifts in meme cryptocurrencies and the current status of Shiba Inu and Pepe.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.