The price of Floki has increased by 27% in only one week; is a new all-time high (ATH) on the horizon?
The Floki (FLOKI) price has returned to $0.157 per token and has a market value that is more than $1.5 billion, as shown by the data that was supplied by CoinMarketCap. This is a 27% gain in the price over the course of the previous week.
When compared to prior monthly lows in the $0.00009s, this indicates that the price of Floki has increased by an amazing 61%.
That is very remarkable, but the benefits could just be getting started.
The price of Floki has, in fact, only recently broken out of a significant medium-term technical downtrend that has been in effect since the month of June.
The price of Floki has increased by 27% in only one week; is a new all-time high (ATH) on the horizon?
A quick surge upward is probable if it is able to break beyond its 200-day moving average in the $0.00017 region.
As a result of a 35% increase from the present levels, bulls would aim to reach the highs of July at $0.00021.
A retest of the all-time highs that were posted in June at $0.00035 would be the next big bullish goal that would be anticipated.
In comparison to the current levels, it would represent a 120% increase for Floki.
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