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This Dogecoin and Shiba Inu Rival Is Mirroring Price Action That Previously Triggered 200% Rally, Says Trader

The crypto analyst Inmortal believes that an altcoin called Floki (FLOKI) is repeating a pattern that previously caused it to rally by 200%. He mentions that when Floki's Relative Strength Index (RSI) reached a certain level, the price of the coin increased fourfold. However, Inmortal also states that the altcoin market has changed, and instead of all coins pumping together, there will be multiple altseasons where funds rotate into different digital assets. He notes that Bitcoin is close to reaching a new all-time high, while many altcoins still need significant gains to reach their previous highs.

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