The FLOKI cryptocurrency is showing a noticeable rise, gaining 10.66% in the last 24 hours. This positive trend is accompanied by an increase in market capitalization and trading volume.
FLOKI Price Surge
Today, FLOKI surged sharply by 10.66%, trading at $0.00008245. The increase came amid renewed buying activity.
Trading Volume and Market Cap
FLOKI's market capitalization reached $793.52 million, while trading volume jumped 102.75% to $112.64 million in the past 24 hours. This indicates stronger market participation.
Technical Analysis of FLOKI
Technical indicators suggest a return of momentum. The Relative Strength Index (RSI) has risen to 55.27, indicating potential continued upward pressure. The positive Chaikin Money Flow suggests improving accumulation and inflows. A breakout above resistance near $0.000085 could lead to a target of $0.000090.
It is crucial for FLOKI to maintain support above $0.000080 to preserve the positive trend. Bulls controlling market conditions could lead to further gains.
