Is It Too Late To Buy FLOKI? Floki Price Surges 14% In A Week As This Dragon-Themed Rival Hints At A New Exchange Listing

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FLOKI Price
FLOKI Price

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The Floki price surged 4% in the last 24 hours and 14% in a week to trade at $0.0001740 as of 03:11 a.m. EST on trading volume that rose 41% to $163 million.

This comes as the entire meme coin market rose 1% to a market capitalization of $50 billion.

Floki Price Gearing Up For A Breakout Above The $0.0001972 Resistance

Floki Price Chart Analysis Source: Geckoterminal.com
FLOKIUSD Chart Analysis Source: Geckoterminal.com

According to Geckoterminal, the Floki price rose dramatically in March to a high of $0.0003309, as it went near to its all-time high (ATH) of $0.0003365. However, the price then went down through a retrace back to the $0.0001972 support level.

FLOKI breached this support, which is now the resistance level the bulls have to overcome to push the price even higher. The price went through a retrace to the support around $0.0001295 and back to the resistance level. With the price going down again to the $0.0001721 support, FLOKI formed a cup and handle pattern.

However, FLOKI negated the bullish sentiments presented by the cup and handle pattern. It went down to the $0.0001427 support before going back to the resistance zone at $0.0001972, forming a rounding bottom pattern.

FLOKI trades slightly above the 200-day Simple Moving Average (SMA), a confirmation of the token’s bullish potential in the long run. The sustained bullish stance could see FLOKI overcome the 50-day SMA threshold above $0.0001756.

The Relative Strength Index (RSI) is climbing from oversold territory at 30 to reach 46, indicating increasing buying pressure.

Floki Price Prediction

The Floki price analysis on a 4-hour chart indicates that FLOKI is on a bullish trend. It aims to capitalize on the cup and handle and the rounding bottom pattern to push the price above the $0.000250 target.

In an inverse scenario, if the bears exert more pressure at this point, FLOKI could go down through another retrace back to the next support level at $0.0001339, acting as a cushion against downward pressure.

As the Floki price surges, some investors are also considering SMOG, a Solana meme coin that’s hinted that it will list on another top-tier exchange soon.

SMOG: The Best Crypto To Buy Now?

Smog (SMOG) is perhaps best known for its promise to deliver an airdrop that’s ‘the greatest in history.’ Season 1 of the airdrop wrapped up on April 3 after $1 million in giveaways. The project then launched its second season of airdrops on April 4th.

That same day, the team announced the token’s listing on the MEXC centralized exchange (CEX), adding also that it might open the door for another top-tier exchange listing.

Season 1 of the airdrop rewarded $SMOG token holders who joined the project’s questboard on Zealy and completed daily quests and community tasks for XP. 

Season 2 of the campaign now evaluates the $SMOG holder’s on-chain engagement since the token’s inception.

Investors can also earn passively by staking $SMOG tokens for an annual percentage yield (APY) of 42%.

According to 99Bitcoins, a prominent crypto YouTube channel with over 700,000 subscribers, $SMOG has the potential to surge 100X on launch.

With Smog’s developer also hinting at an additional top-tier exchange listing soon, now could be a great time to buy ahead of the hype that invariably surrounds such events.

The best place to buy Smog tokens is on its official website here, where there is a 10% discount while the offer lasts.

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