FLOKI – brief analysis by BlockchainReporter
Floki (FLOKI) also faces corrections in today’s session, as evidenced by its price movements. Looking at in-depth analysis, we see that the Alligator’s jaw (blue line), teeth (red line), and lips (green line) indicate a bullish trend as they are in alignment with the Floki price above them. The last red candlestick, however, could mean changing momentum.
The MACD line is below the signal line, confirming the bearish momentum causing the corrections. A histogram of green bars indicates that the bullish momentum is increasing. As of press time, the Floki price stood at $66,103, a 0.12% decrease from its previous 24-hour price.
