In this FLOKI (FLOKI) price prediction for 2024, 2025-2030, we will analyze the price patterns of FLOKI by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
FLOKI (FLOKI) Current Market Status/h2
FLOKI Current Market Status (Source: CoinMarketCap)h2 What is FLOKI (FLOKI)/h2
Floki, often referred to as Floki Inu or simply Floki is a cryptocurrency that emerged as a meme-inspired digital asset. It gained popularity and recognition due to its association with the enigmatic Norse character, Floki from the TV series Vikings, and the broader “dog meme” coin trend that began with Dogecoin.Floki’s development and community are driven by a group of enthusiasts and developers. While its long-term viability and utility remain uncertain, it serves as a symbol of the unpredictable and speculative nature of the cryptocurrency market, attracting both fervent supporters and critics within the crypto space.h2
FLOKI 24H Technicals/h2
(Source: TradingView)
FLOKI (FLOKI) Price Prediction 2024/h2FLOKI (FLOKI) ranks 51st on CoinMarketCap in terms of its market capitalization. The overview of the FLOKI price prediction for 2024 is explained below with a daily time frame.
FLOKI/USDT Cup and Handle pattern Pattern (Source: TradingView)
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In the above chart, FLOKI (FLOKI) laid out the Cup and Handle pattern that emerges when a security’s price movement takes on the shape of a “cup,” followed by a downward-trending pattern forming the “handle. This decline, or the “handle,” is considered a signal for a buying opportunity to adopt a long position.
Upon confirmation of a Cup and Handle formation, a significant short-to-medium-term price surge would be expected. However, if the pattern fails, the anticipated bullish trend may not materialize.
At the time of analysis, the price of FLOKI (FLOKI) was recorded at $0.0002722. If the pattern trend continues, then the price of FLOKI might reach the resistance levels of $0.00012971 and $0.00002532. If the trend reverses, then the price of FLOKI may fall to the support of $0.00004350.
h2 FLOKI (FLOKI) Resistance and Support Levels/h2
The chart given below elucidates the possible resistance and support levels of FLOKI (FLOKI) in 2024.