Floki Price Prediction: FLOKI Pumps 14% In A Week As This New Pepe Derivative Surges Past $3 Million In 1 Week

The Floki price surged 14% in the last week and 3% in the last 24 hours to trade at $0.0002681 as of 03:19 p.m. EST on trading volume that dropped 33% to $865 million.

Floki Price Aims For A Breakout

FLOKI/USD chart depicts a bullish trend in the short term, with higher lows and a breakout from the consolidation range around the $0.0002226 to 0.0002401 level (highlighted in purple). The Flokiprice is now testing a key resistance zone at $0.00002681, which aligns with previous highs, according to data from GeckoTerminal.

The surge from the lower boundary of the sideways pattern to test the upper boundary has pushed the price of Floki to trade above both the 50-day and 200-day Simple Moving Averages (SMAs), a support of the prolonged upward trend.

The Relative Strength Index (RSI) is at 64.03, indicating bullish momentum but not yet in the overbought zone (>70). This suggests room for further upward movement before potential overextension.

Meanwhile, the Moving Average Convergence Divergence (MACD) line is above the signal line, with green histogram bars reflecting ongoing bullish momentum. However, the histogram shows signs of flattening, which may indicate slowing momentum in the short term.

If the resistance at $0.0002681 is decisively broken with strong volume, the price could rally toward the next resistance zone around $0.0003000 to $0.0003200, aligning with previous price peaks.

Floki Price Chart Analysis Source: GeckoTerminal
FLOKIUSD Chart Analysis Source: GeckoTerminal

Failure to break the resistance may lead to a pullback to the purple support zone ($0.0002226 to $0.0002401). If selling pressure increases, the 200-day SMA at $0.00002226 will act as a key support level.

Meanwhile, investors are also buying into a new PEPE derivative called Wall Street Pepe (WEPE), which crypto influencer ClayBro, with over 133k subscribers, predicts will make millionaires.

Wall Street Pepe Raises Over $3 Million In A Week – Next Crypto To Explode?

Introducing Wall Street Pepe, a revolutionary meme coin that is transforming the landscape of crypto investing. Unlike typical meme coins fueled by hype, Wall Street Pepe combines meme culture with practical utilities. Its mission is to empower everyday traders by offering exclusive market insights, trading tips, and strategies.

At the heart of the Wall Street Pepe project is its mission to level the playing field for investors. Through its exclusive market insights, trading tips, and strategies, the project aims to empower users with the knowledge and tools they need to navigate the often-turbulent crypto markets.

By holding the $WEPE token, investors can also earn a remarkable 166% annual percentage yield (APY), providing a lucrative passive income stream. 

The success of the Wall Street Pepe project is evident in its impressive presale performance. In just six days, the project has raised a staggering $3.27 million, highlighting the strong investor demand for this innovative meme coin. 

Investors can buy $WEPE Token from the official website for $0.000207 using ETH, USDT, or a bank card. 

With the price set to increase in less than three days, and sooner if it the stage sells out, interested investors should act quickly to secure the best deal.

Related News

  • Pepe Coin Surpasses Uniswap By Market Cap, Sets Sights On BCH, HBAR, And SUI
  • Baby Doge Coin Price Soars 34% And This Might Be The Next Crypto To Explode
  • Bitcoin Price Prediction: As Amazon Shareholders Push For 5% BTC Reserves

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