Coinpedia-Market-Insight

Will FLOKI Price Revamp By 30%?

CRYPTO:FLOKIUSD   Floki Inu
FLOKI price action indicates a descending triangle breakdown rally resulting in a 23% decrease.
FLOKI coin price witnesses a bullish RSI divergence as the breakdown rally turns sideways.
A bullish reversal from the new demand belt might boost the FLOKI coin price by 30%.
Despite the remarkable gains earlier in 2023, FLOKI's price remains on a downside trajectory.
Trading 95% below its all-time high, FLOKI's price shows signs of potential reversal.
Post the descending triangle breakdown, FLOKI's price fell further by 23%.
The demand belt formed at $0.0000165 acted as a bounce-back spot for Floki in the past.
FLOKI's price teases a reversal rally to approach the broken level of $0.000020.
Daily RSI is on the rise, hinting at a potential bullish rally.
MACD also indicates a bullish crossover.
If FLOKI starts a new bull cycle, it might surge by 30% to $0.000020.
However, falling below $0.00001685 could push FLOKI to test the $0.000012 level.

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