FLOKI Jumps 15% as Meme Coin Season Heats Up—Social Sentiments & Indicators Signal a Bullish Trend. More Gains Ahead?
FLOKI has surged nearly 15% in the past week and 287% over the past year, cementing its place as the fifth-largest meme coin. With its 7-day Relative Strength Index (RSI) holding steady and bullish signals from the Ichimoku Cloud, FLOKI shows potential for continued growth.
FLOKI’s 7-day RSI sits at 51, indicating neutral market momentum. The RSI scale, ranging from 0 to 100, helps gauge whether an asset is overbought or oversold. FLOKI’s current level suggests the market is balanced, with neither buyers nor sellers dominating—leaving space for potential growth if buying pressure increases.
FLOKI’s 4-hour chart shows strong bullish indicators. So far, FLOKI’s momentum remains in favor of buyers, pointing toward further potential gains.
FLOKI faces a crucial resistance at $0.0001651. A breakthrough could send its price toward $0.00034, doubling its value from current levels. However, failure to hold immediate support at $0.00011 could push the price lower, with potential drops to $0.00009 or even $0.000031 if bearish pressure intensifies.
FLOKI is at a critical juncture—watch out for key levels to determine its next big move.
