#Floki馃敟馃敟 FLOKI Price Prediction: Will ETP Launch Propel It to Uncharted Territory?
FLOKI, the dog-themed meme coin, is gearing up for its Exchange-Traded Product (ETP) launch on the SIX Swiss Exchange in Q1 2025. This development has sparked excitement within the community, with a recent proposal passing with 99.9% of votes in favor.
馃摚Current Market Situation:
FLOKI is currently trading at $0.0001768, with a market cap of $1.7 billion. The daily trading volume has dropped by 37.48% to $218 million.
馃搱Technical Analysis:
The Moving Average Convergence Divergence (MACD) line is situated briefly above the signal line, indicating a shift in momentum toward the bullish side. However, the Chaikin Money Flow (CMF) is at -0.14, hinting at negative money flow.
鈿狅笍Price Prediction:
The short-term 9-day moving average is above the long-term 21-day moving average, indicating a wait-and-see approach. The daily relative strength index (RSI) is 52.61, indicating a neutral condition.
If FLOKI's nearby resistance is broken, the price could test $0.0001794 resistance. With further momentum, the asset can break $0.0001818, considered a crucial area for continuing the uptrend.
If the current trading level continues, FLOKI might face downward corrections, testing the nearby $0.0001740 support. If it can't hold this level, it may potentially slip toward the $0.0001710 range.