The analyst Bluntz believes that meme token Floki (FLOKI) is preparing for an uptrend, potentially reaching new all-time highs. He suggests that FLOKI has completed an ABC correction on the daily chart and expects it to reach $0.0004 by March, compared to its current value of $0.0002. Bluntz is also monitoring the US dollar index (DXY), which he believes is bearish and may drop below 100, indicating a potential shift from US dollars to risk assets like cryptocurrencies and stocks.
- Content Editor ( dailyhodl.com )
- 2025-01-08
Analyst Says FLOKI Looks ‘Turbo Bullish,’ Predicts ‘Inevitable’ New All-Time Highs for the Major Memecoin