FLOKI price has increased by 12% in the past 24 hours and is currently trading at $0.000278, with trading volume surging by 32% to $1.8 billion.
Contrary to the phenomenon that the entire market cap fell by 6%, FLOKI ignored the current correction of memecoins. This correction also affected the main players in the industry, with DOGE falling by 5%, SHIB falling by 8%, and PEPE falling by 7%.
FLOKI price is bullish and is expected to surpass the bullish wedge pattern.
FLOKI price has surged by a massive 600% since the beginning of March. FLOKI bulls appear steadfast and they want to maintain the bullish momentum having tested the $0.00029 resistance level twice.
FLOKI is trading well above the 50-day and 200-day simple moving averages (SMA), which is a confirmation of a bullish trend to the upside.
Moreover, the relative strength index (RSI) rose from the midline level to the overbought zone. If the bullish momentum is maintained, the RSI could soar to the overbought zone of 70, which would indicate growing investor optimism.
The Moving Average Convergence/Divergence (MACD) is also bullish as the moving average (blue line) crossed over the signal line (orange line), indicating a bullish crossover. Investors often use bullish crossovers as a signal to add to buy positions.
Moreover, the green bars on the histogram started forming above the zero line, which indicates that the positive momentum is growing. The Average Directional Index (ADX) is pointing northwards above the 50 level, indicating a very strong bullish trend with bulls seeking to push the price higher.
FLOKI Price Prediction
Analysis of FLOKI’s price on the 4-hour chart shows a bullish bias with the bulls aiming to break out of the $0.00029 resistance level and push the price towards the upper boundary of the bullish wedge pattern.
Moreover, the 50-day simple moving average (SMA) is above the 200-day SMA, forming a golden cross at around $0.000035. With the MACD, ADX, and RSI indicating a sustained uptrend, the bulls are aiming to use this to push the price towards the next target of $0.00045.
However, if the bears take control of the price at this level, it could result in a retracement to the $0.00012 support level which acts as a major support to the downward pressure.
As FLOKI’s price surges, investors are also eyeing competitor AI Scotty, which sold out after raising more than $5 million in the past week, bringing its total to $6.8 million. Now it’s offering a last-minute chance to buy in.
AI Scotty raises $6.5 million, launches soon
AI Scotty
’s presale event created a stir with its unique positioning as a memecoin with innovative artificial intelligence capabilities.
You can also pledge your
AI Scotty
Tokens, and get an annual return rate of 37%.
CryptoNews, a well-known YouTube channel, believes AI Scotty is expected to grow 10 times when it launches.
As AI Scotty is sold out, there is now one last chance to get in on the project early by purchasing AI Scotty tokens at $0.01. This opportunity will last less than seven days, so interested investors should act fast.
To participate in the presale, you can purchase tokens from the official AI Scotty website and exchange ETH or USDT for AI Scotty tokens. You can also use a bank card to purchase.
Reference News
Dogecoin Price Prediction: Can DOGE Reach $1 in 2024?
SHIBA INU Price Prediction 2024: Moon Landing or Crashing?
How to Buy Bitcoin Safely
New Cryptocurrency Mining Platform - Bitcoin Minetrix
Rating
Audited by Coinsult
Decentralized and secure cloud mining
Get free Bitcoin every day
Native token currently in presale - BTCMTX
Staking Return Rate - Annual return rate of more than 50%
learn more
Join our Telegram channel to get the latest news

“FLOKI Price Prediction: FLOKI defies Memecoin downturn, gains 12%, traders turn to this crazy AI Memecoin, last chance to buy!”
-