🚀🚀🚀FLOKI Sets New Record🚀🚀🚀
Before settling at $0.00032, the price of FLOKI reached a new all-time high over $0.00034.
The announcement of a $12 million investment by DWL Labs has pumped up this engine.
Before settling slightly below its previous all-time high, the FLOKI price today surged to new heights, breaking beyond $0.00034. Over this time, the coin's value increased by more than 30%.
A major rise has been detected in the FLOKI price by altFINS. The price broke out over its previous all-time high at $0.000316 after a positive breakout from a declining pattern.
Assuming buyers have taken up all the sellers' supply at this level, the price might restart its climb after breaking past the $0.00031 barrier and continuing its ascent.
The following levels of possible resistance, determined by Fibonacci extension, are as follows: $0.00034 for 50%, $0.00036 for 61.80%, $0.00039 for 78.60%, $0.00044 for 100%, and $0.00056 for 161.80%. In order to keep an eye on possible resistance zones, traders can create price alerts at these critical levels.
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An indication of impending bullishness, the pattern in question is a resistance breakout. When prices break above a resistance zone, it means that sellers have sold all of their inventory at that level and the price may continue to rise.
In a recent tweet, prominent crypto trader Overdose—who has over 100,000 followers on X (formerly Twitter)—expressed his joy and satisfaction at the new all-time high price of FLOKI. He admits that there were naysayers who cast doubt on FLOKI, but that their criticism had the opposite effect—it solidified his faith in the potential of the meme currency.
Several variables are contributing to FLOKI's bullish trend, and Overdose covers them all. The $12 million investment from DWF is a significant vote of confidence in the project, which he first notes. Also, he mentions Binance Coin's (BNB) record high, which he interprets as a sign of general optimism in the cryptocurrency market.
