{"id":492214,"date":"2024-03-21T15:14:27","date_gmt":"2024-03-21T15:14:27","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=492214"},"modified":"2024-03-21T15:14:27","modified_gmt":"2024-03-21T15:14:27","slug":"floki-price-prediction-floki-is-a-top-gainer-with-36-pump-as-traders-shift-to-this-2-0-meme-coin-with-new-exchange-listings-imminent","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/floki-price-prediction-floki-is-a-top-gainer-with-36-pump-as-traders-shift-to-this-2-0-meme-coin-with-new-exchange-listings-imminent","title":{"rendered":"FLOKI Price Prediction: FLOKI Is A Top Gainer With 36% Pump As Traders Shift To This 2.0 Meme Coin With New Exchange Listings Imminent"},"content":{"rendered":"

The FLOKI price surged 36% in the past 24 hours <\/span>to trade at $0.000249<\/span><\/a> as of 03:36 a.m. EST on trading volume that soared 104% to $1.1 billion.<\/span><\/p>\n

Floki is a top gainer among major meme coins with sector titan DOGE up just 14% in the last 24 hours. The token’s rise coincides amid a resurgent meme coin sector, which gained almost 14% to reach a market cap of $53.9 billion.<\/span><\/p>\n

\"meme<\/p>\n

FLOKI Price Bulls Aim To Push The Price Over The Bullish Pennant<\/span><\/h2>\n
\"FLOKI
FLOKIUSD Chart Analysis Source: Tradingview.com<\/figcaption><\/figure>\n

The FLOKI price has been gaining in March, after coming up from a consolidation level of around $0.000031. FLOKI bulls were able to push the price through a markup phase to the resistance around $0.00037.<\/span><\/p>\n

However, there has been a struggle for dominance around this range, with the price fluctuating within a consolidation channel. The entire price movement has formed a bullish pennant, with the bulls aiming to surpass the upper boundary of the pennant to push the price even higher.<\/span><\/p>\n

FLOKI is trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), which confirm the bullish sentiment supporting the price.<\/span><\/p>\n

Additionally, the Relative Strength Index (RSI) is rebounding from the oversold region at 65 at heads to the 70-oversold region. An increased momentum could push the price past level 70, indicating intense buying pressure and overall investor optimism.<\/span><\/p>\n

\"FLOKIADX\"<\/p>\n

The Moving Average Convergence Divergence (MACD) also supports the bullish prospects of the FLOKI price, as the moving average line (blue) crosses above the signal line (orange), which is a bullish crossover. A bullish crossover often encourages investors to buy more, which could propel the price to higher levels.<\/span><\/p>\n

Additionally, the green bars have started forming over the neutral line, which shows that there is some growing positive momentum. The Average Directional Index (ADX) further supports this, as it trends over level 20 at 30, which shows that the current bullish trend is very strong.<\/span><\/p>\n

FLOKI Price Prediction<\/span><\/h2>\n

The FLOKI price analysis shows that the bullish momentum is steady, as the bulls aim to push the price over the upper boundary of the bullish pennant, to breach the resistance at $0.00037, as they aim to push the price to $0.00042.<\/span><\/p>\n

Additionally, the 50-day SMA crosses above the 200-day SMA, forming a golden cross at $0.000030, which could suggest further potential for upward movement if the momentum remains strong.<\/span><\/p>\n

In an inverse scenario, the price could slip below the channel’s lower boundary at $0.000199. In this scenario, the bears could take control of the price, forcing the bulls to retreat to $0.00013758, which coincides with the 200-day SMA.<\/span><\/p>\n

One interesting alternative to FLOKI in the meme coin space is Sponge V. If you missed SPONGE V1’s 100X surge last year in a bear market, you may want to buy Sponge V2 before it lists on multiple additional top-tier exchanges soon.<\/span><\/p>\n

Sponge V2: An Opportunity For 10X Returns<\/span><\/h2>\n

Sponge V2<\/span><\/a> continues to attract more attention from the crypto community following its relaunch on the Polygon Network.<\/span><\/p>\n

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Sheeeshhhh $SPONGE<\/a> flexing hard#SpongeV2<\/a> #100x<\/a> #AltSeason<\/a> pic.twitter.com\/5VIxCKmiwE<\/a><\/p>\n

— $SPONGE (@spongeoneth) March 21, 2024<\/a><\/p><\/blockquote>\n