#Floki , one of the popular names of dog coins, has broken the downtrend that started on July 22. Memecoin, which has been pricing downwards for two months, seems to have caught a good breakout and tested the trend line.

If Bitcoin is above $63,000, Floki may continue to rise. So, which levels are being watched?

Is it a new $FLOKI bull?

The popular altcoin, which was a rage for a while, is winking at the bull with its technical structure. Floki, which has ridden on the two-month downtrend, seems to be a bull again with the strengthening of the memecoin craze. However, which memecoins will come to the fore in this process will be critical.

For example, the recent cat memecoin craze has almost sucked the liquidity in this area. With the return of the memecoin craze to dog projects, parity upper levels are being targeted.

Memecoin, which is traded at $ 0.00013093, can test $ 0.00024558 - 0.00026711 - 0.00031351 and $ 0.00034861 respectively if it breaks $ 0.00017391. In this process, the performance of ETH, BTC and memecoin markets will be completed. In a negative scenario, FLOKI may experience declines along 0.00011073 and 0.00009591.

If it is currently difficult for the popular memecoin to experience a bullish recurrence, it indicates a downward movement in the technical structure. Every process that remains below the downward trend indicates that selling pressure may occur itself. In addition to these, news about the parity will affect the price.

#memecoins #FLOKIUSDT #binance