{"id":492696,"date":"2024-03-22T09:28:06","date_gmt":"2024-03-22T09:28:06","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=492696"},"modified":"2024-03-22T09:28:06","modified_gmt":"2024-03-22T09:28:06","slug":"floki-price-prediction-floki-plunges-8-as-analysts-say-consider-this-solana-meme-coin-for-100x-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/floki-price-prediction-floki-plunges-8-as-analysts-say-consider-this-solana-meme-coin-for-100x-gains","title":{"rendered":"Floki Price Prediction: FLOKI Plunges 8% As Analysts Say Consider This Solana Meme Coin For 100X Gains"},"content":{"rendered":"

The FLOKI price has plunged 8% in the last 24 hours <\/span>to trade at $0.0002242<\/span><\/a> as of 12:45 a.m. EST on a 26% drop in trading volume to $693 million   <\/span><\/p>\n

FLOKI Price Aims To Reclaim Its ATH<\/span><\/h2>\n

\"FLOKI<\/p>\n

FLOKIUSDT Analysis By Tradingview<\/span><\/p>\n

The struggle for price dominance has led to the formation of the consolidation channel within the ranges of $0.0002995 and $0.0002202 as the FLOKI price remained stable trading within the consolidation channel. <\/span><\/p>\n

However, the bears took advantage to drive the price down below the channel forcing the bulls to find a haven at the $0.0001848 support zone, where they regrouped to drive the price up again in a gradual ascent <\/span><\/p>\n

Moreover, the price has crossed the 50-day and 200-day Simple Moving Averages (SMAs), confirming the bullish sentiment supporting the FLOKI price. <\/span><\/p>\n

The Relative Strength Index (RSI) indicates a rebound on the 50 midline level to 60. Increased momentum should push the RSI to the overbought level of 70.<\/span><\/p>\n

FLOKI Price Bulls Gear For Another Rally, Aim To Surpass ATH<\/span><\/h2>\n

The bullish momentum in FLOKI’s price remains steady as buyers initiate a rebound close to 200 SMA, aiming to surpass the current all-time high of $0.0003365. The potential for upward movement could lead to a new ATH in the coming weeks.<\/span><\/p>\n

In a converse situation, the price could slip below the 50 SMA Again, encouraging the bears to take control and drive the price down, forcing the bulls to retreat to the $0.0001761 support zone.<\/span><\/p>\n

Investors looking for upside potential might want to consider adding SMOG to their portfolios. <\/span><\/p>\n

SMOG has been gaining attention because of its highly anticipated airdrop and recent strong price performance, which YouTuber Crypto Gains says could potentially lead to 100X gains.<\/span><\/p>\n