CandleFocus

FLOKI Breaks Out Of Downtrend: Analyst Predicts 200% Rally To New All-Time High

Author: Content Editor
The meme coin FLOKI has experienced a breakout, surpassing a descending trendline that had been limiting its rallies since June. This breakout is seen as a bullish signal by crypto analyst World Of Charts, who believes that FLOKI could continue its run towards a new all-time high. Despite experiencing a 55% correction from its peak earlier this year, the analyst predicts that FLOKI's correction is coming to an end and the previous all-time high may not hold for long. The analyst expects FLOKI to rally by 210% from its current price level and potentially reach a price point just below $0.0005. This positive outlook is supported by the increased interest and mentions of FLOKI and other meme coins on social media platforms in the past few months. With the possibility of a 200% or even a 2,100% increase, FLOKI could potentially see significant gains before the end of the year.

Related News