{"id":518899,"date":"2024-05-09T11:48:29","date_gmt":"2024-05-09T11:48:29","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=518899"},"modified":"2024-05-09T11:48:29","modified_gmt":"2024-05-09T11:48:29","slug":"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","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/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","title":{"rendered":"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"},"content":{"rendered":"

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

This comes as the entire meme coin market rose 1% to a market capitalization of $50 billion.<\/span><\/p>\n

Floki Price Gearing Up For A Breakout Above The $0.0001972 Resistance<\/span><\/h2>\n
\"Floki
FLOKIUSD Chart Analysis Source: Geckoterminal.com<\/figcaption><\/figure>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

The Relative Strength Index (RSI) is climbing from oversold territory at 30 to reach 46, indicating increasing buying pressure.<\/p>\n

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

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.<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

SMOG: The Best Crypto To Buy Now?<\/span><\/h2>\n

Smog (SMOG)<\/span><\/a> 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.<\/span><\/p>\n

\n

One #Memecoin<\/a> to rule them all! 🚀<\/p>\n

Get ready for the greatest #Airdrop<\/a> in history, distributed on #Solana<\/a>. 💰<\/p>\n

Join #SMOG<\/a> on Zealy! 🔥<\/p>\n

Link in Bio 🔗 pic.twitter.com\/vsn4p5cSF4<\/a><\/p>\n

— SMOG (@SMOGToken) February 8, 2024<\/a><\/p><\/blockquote>\n