Floki (FLOKI)

The Floki price has recorded a multi-level breakout by recording a surge of ~66% over the past week. Moreover, this memecoin has experienced 6 consecutive days of green candles. With a market cap of $2.230 billion, it has secured the 46th position.

The EMA 50/200-day has experienced a Golden Cross in the 1D time frame with its RSI indicator displaying a sharp rise above the overbought range in the Floki price chart. This suggests an increase in the buying-over-selling pressure for the memecoin in the crypto space.

If the bullish momentum sustains, the Floki price may retest its high of $0.000320. However, if the bears regain power, this could pull the Floki coin price toward its lower support trendline of $0.000155. $FLOKI