Recent analysis indicates the potential for FLOKI price growth if key resistance levels are overcome. Projections suggest an increase to $0.0004.
FLOKI Prices Return to Macro Trend
FLOKI prices continue to respect the ascending green trendline, active since late 2022. Each correction against this trendline has seen solid rebounds. The most recent bounce occurred as the price approached the lower end of the long-term construction range.
Bullish Wedge Pattern Confirms FLOKI Reversal Potential
A falling wedge on FLOKI’s weekly chart adds weight to the bullish setup. This pattern suggests a possible rise to $0.0004 based on the measured move. The wedge is above the macro trendline, providing a strong structural foundation.
Key Recovery Zone at $0.000087
Attention is focused on FLOKI’s recovery zone near $0.000087, a former strong resistance level. If a successful reclaim happens, the next testing level may be $0.0012, which could reset FLOKI’s trend.
FLOKI price analysis highlights potential opportunities for growth towards $0.0004. Successfully overcoming key resistance zones will be critical for further gains.