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The Floki price surged 10% in the last 24 hours to trade at $0.0001175 as of 5:10 a.m. EST on trading volume that skyrocketed 145% to $185.5 million.
Floki Price Prediction
Like most other cryptos, FLOKI has been spiraling down throughout the second half of July, and then again in early August. On Aug. 3, it surged from $0.00010 to $0.000113, only to drop again on Aug. 5 and hit bottom on Aug. 6. However, this was when the trend started to shift, and Floki immediately started a recovery, soaring to $0.000120 earlier today.
Its Bollinger Bands remained consistently wide since yesterday, but they are now showing signs of narrowing, meaning that FLOKI may have hit its limit and its price is no longer pushing the upper band higher.
FLOKI/USDT chart analysis (Source: TradingView)
Its Relative Strength Index (RSI) has been fluctuating between the neutral value of 50 and the overbought zone, often venturing beyond the value of 70. In fact, it even climbed beyond 80 twice yesterday. Since then, the fluctuations of its RSI have dropped back to the 50-70 range, and over the last nine hours, they dropped to the 40-65 range.
Right now, FLOKI’s RSI is climbing back up toward 50, but the drop in fluctuations and their general range suggests that the hype is passing, which could mean that traders are waiting for the best opportunity to take profits. In other words, FLOKI could see another correction over the next few hours, or potentially the weekend.
Promising Alternative To Floki
While Floki is losing its momentum, Maxi Doge Token (MAXI), another new dog-based meme coin, is blowing up. This is a new project that recently started its presale, seeking to inspire investors by acting as the embodiment of effort and discipline.
The project claims that MAXI is more than just a token — it is a “lifestyle rooted in green candles, gym reps, and relentless hustle.” In short, the project aims to solve a problem for retail traders who crave outsized returns but lack the brute conviction and capital of whales. It achieves this by building a community of traders that share leveraged strategies and meme-driven camaraderie in the mutual pursuit of 1,000X gains.
Its high-risk, high-reward energy has already attracted plenty of investors who have poured over $486k into its ICO in only a few days.
Meanwhile, MAXI has also attracted the attention of experts like Jacob Crypto Bury, a crypto YouTuber with over 57.6k subscribers, who believes it could be the next 10x crypto.
If you wish to join others who invested in MAXI tokens while their price is only $0.000251, buy now, before the next ICO price hike in about 33 hours.
Visit Maxi Doge Token’s website.
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