The meme coin FLOKI has experienced a 13% price jump in the last 24 hours, outperforming other major meme coins like Dogecoin, Shiba Inu, and Pepe. This rally indicates a breakout from a downtrend and is accompanied by higher trading volume, suggesting strong bullish interest. Technical indicators point to continued upside, with widening Bollinger Bands and a positive MACD histogram indicating buying pressure. The RSI suggests room for further gains. FLOKI's recent rally is attributed to whale accumulation, new exchange listings, and strategic partnerships in blockchain gaming and sports sponsorships. To maintain its momentum, FLOKI must stay above $0.0001326 and break through resistance at $0.0001407. However, profit-taking and a flattening MACD could trigger a pullback, with support potentially at $0.0001289 or $0.0001264.
Content Editor ( coinedition.com )
- 2025-02-01
FLOKI Leads Meme Coin Rally with 13% Surge, Surpassing DOGE, SHIB, and PEPE
