Is an ATH on the Horizon for the Floki Inu Price? FLOKI Is Now Available on Revolut Business!

After an explosive upward surge spurred by Revolut, the FLOKI bulls are currently aiming a new all-time high, and the meme coin markets are in full swing. Floki Inu is also doing well.

The fact that dog-coins will persist is not news. Actually, scholars should investigate the distinct longevity of Dog-themed cryptocurrency more thoroughly.

Floki Inu, a meme coin market emblem since 2021, is back at the top.


The most recent upswing seems to have been fueled by Floki Inu's optimistic listing on Revolut Business, which opened the FLOKI asset accessible for investment to European business accounts.

Floki Inu is now trading at $0.00022 (a move of +17% in the last 24 hours) due to significant positive price activity.

It is likely that there is now enough trust in FLOKI's technical structure to undertake a higher push, given that support for the bullish trading channel has been thrice re-tested.

This is predicated on FLOKI decisively breaking through a localized layer of upward resistance at about $0.00025.

But if bulls can push prices above these levels, FLOKI will be left to aim for an upswing that might see prices try to reach new all-time highs (with $0.00035 serving as a strategic objective).

Even if the relative strength index (RSI) has turned to a moderately negative divergence at 67.32, an upward rise with enough velocity might extend the RSI's bearish warnings all the way up to 85.

Alternatively, FLOKI might retest its lower support level at $0.00015, which would represent a potential 32% decline.

So, according to the FLOKI price forecast, a bullish entry with modest gains is possible in the next weeks, with a risk-reward ratio of 1.79.

#Memecoins #altcoins #FLOKI $FLOKI #buythedip