Floki price has increased by 17% in the past 24 hours to $0.0002674 as of 7:05 AM EST. Trading volume has surged by 188% to $679 million. Floki price has increased by 34% in the past week and 57% in the past month, with a market cap of $2.55 billion. It is also one of the cryptocurrencies with the largest daily gainers, ranking in the top 100 by market cap on cryptobubbles, surpassing WIF and BONK.
The dog-themed token is gearing up for a major rally as the cryptocurrency market picks up steam again, with Bitcoin (BTC) taking the lead.
FLOKI Price Starts a Bull Run: Can Bulls Maintain Momentum?
FLOKI price is showing signs of a gradual breakout, with bulls initiating a breakout of a bull flag pattern. This pattern implies a continuation of the bullish trend, giving bulls an advantage in regrouping upward prices.
FLOKI Price Analysis (Tradingview)
The price of FLOKI has stabilized around $0.0001998, showing a slowdown in bullish activity while remaining stable above the bull flag pattern that preceded the breakout.
The bullish momentum remains strong and has pushed the price above the 50-day and 200-day Simple Moving Averages (SMAs). This strengthens the overall positive outlook for FLOKI’s price. A moderate push has the potential to take it to new highs above $0.0003065.
Moreover, the Relative Strength Index (RSI) has rebounded from the oversold level of 30 and is gradually rising into the overbought zone of 74, indicating strong buying pressure.
Moreover, the MACD shows a bullish outlook as the blue line has crossed the orange line, indicating positive momentum and the histogram is also above the neutral level, reinforcing the bullish sentiment.
FLOKI Price Aims at New All-Time Highs
The upward momentum in FLOKI’s price remains strong. Buyers are looking to break out of the current all-time high of $0.0003365 and push it above $0.0003654 to achieve within the next few weeks.
On the other hand, if the price again breaks below the 50-day simple moving average, it might encourage the bears to push the price lower. This could lead the bulls to seek support around $0.0002126.
Additionally, the bulls may encounter resistance at all-time highs, possibly forming a double top pattern, signaling a trend reversal to bearish.
Last Call: Dogeverse is ready to launch! Buy now!
As the price of FLOKI continues to rise, the multi-chain Dogecoin derivative ICO Dogeverse is rapidly attracting investors and is about to be listed on first-tier exchanges, providing investors with a 100x return opportunity.
The presale is coming to an end and will end at 10am UTC on June 3. The claiming process will begin at 10am UTC on June 5.
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#Ethereum
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#AltSeason
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– DogeVerse (@The_DogeVerse)
May 3, 2024
DOGEVERSE is the first memecoin that operates across multiple networks. Deployed on popular chains such as Ethereum, Solana, Polygon, BNB Chain, Avalanche, and Base, Dogeverse aims to lead the multi-chain memecoin revolution.
Dogeverse offers investors an attractive native staking program with a current annual yield of 48%. However, since the smart contracts are deployed on the Ethereum network, only transactions purchased with ETH are eligible for staking.
Crypto YouTuber Jacob Bury predicts that Dogeverse could be 100x bigger by the time it goes public.
The Dogeverse presale has raised over $15 million, with each token being sold at $0.00031. If you are interested, there are only 6 days left until June 3 to participate and purchase DOGEVERSE tokens using ETH, MATIC, BNB, BASE, AVAX, SOL, USDT or a bank card.
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