FLOKI price rose nearly 10% in the past 24 hours to $0.00001924 per share, and trading volume increased by 82% to $374 million as of 8 pm EST. This makes FLOKI the fastest growing cryptocurrency among the top 100 cryptocurrencies by market cap, surpassing Dogecoin, Dogwifhat, and Pepe. Its market cap is $1.84 billion.
As Bitcoin (BTC) leads the crypto market in another comeback, the dog-themed token is gearing up for a major breakout.
FLOKI price is stabilizing around $0.0001900, showing a slowdown in the bullish move and remaining stable above the descending channel.
The $0.0002985 resistance level allowed the bears to push the price lower into the descending channel, causing the bulls to seek support near $0.0001348.
Nevertheless, bullish momentum remains strong, pushing the price towards the uptrend line of the channel. Moreover, the 200-day simple moving average (SMA) reinforces the generally positive outlook for FLOKI prices. A modest push could lead the price above the uptrend line, in line with the 50 SMA.
The Relative Strength Index (RSI) has rebounded from 39 to below the midline of 50 to reach 55, indicating increasing momentum that could push it into overbought territory above 70.
FLOKI Price Bulls Target New All-Time Highs
The bullish trend in FLOKI price remains strong. Buyers are aiming to bounce off the 50 SMA and break above the current all-time high of $0.0003365 to reach a new high of $0.0003654 in the coming weeks.
Conversely, if the price breaks below the 50 SMA again, it might give the bears momentum to push the price down. This might prompt the bulls to seek refuge near the $0.0001526 support level.
Is this new competitor the best memecoin today?
As Floki traders brace for a potential price surge, WienerAI (WAI) is emerging as a promising new option for diversification. Investors are rushing to buy into this combination of two of the hottest areas in crypto: meme coins and artificial intelligence tokens, which has raised more than $1 million.
WienerAI may have a strange name, but it is a top AI trading platform with powerful predictive capabilities, making it a trader’s dream tool.
With WAI, you can quickly browse the cryptocurrency market and discover valuable opportunities. Simply ask the WienerAI robot about your next trade and it will provide a detailed market analysis, increasing your chances of success.
It is also easy to use and has a user-friendly interface. Most importantly, thanks to the existence of decentralized exchanges, you can trade seamlessly without having to worry about MEV.
The team has used 20% (about 69 billion tokens) of the total token supply for staking activities. This enables WAI to provide investors with an annual staking yield of 920%.
99Bitcoins, a popular YouTube channel with more than 700,000 subscribers, said WienerAI could be a hit when it launches.
If you’re interested, you can buy WienerAI tokens for $0.000704. But hurry, because the price will go up in less than three days.
Buy WAI tokens using ETH, USDT or bank cards on the official website.
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