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FLOKI Coin Reviews

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An analyst, who accurately predicted the 2018 Bitcoin (BTC) bottom level about six years ago and whose statements were carefully followed by market followers, expressed his opinions about the 48th largest cryptocurrency in terms of market value as of today.

FLOKI Coin Reviews

Analyst named Bluntz went to X and shared with his thousands of followers that FLOKI (FLOKI) has created an upward stair step formation on the daily chart view. According to Bluntz's opinion, FLOKI may reveal clearer price movements in the near future.

In general, the stair step formation, which occurs when consecutive high and low candles come together in the mentioned technical analysis, is known to indicate an upward trend.

A ladder formation consisting of low lows and low highs generally indicates a bearish outlook. This view, defined as a stair-step formation, is used to reveal the direction in which the market is moving and to identify potential entry and exit points.

According to the forecast made by Bluntz, it may be possible for FLOKI to reach a price level of up to $0.00075, an increase of over 162% from its current price.