Floki Inu (FLOKI) Meme Coin Predicted to Rally: Analyst Highlights Up to 330% Surge Potential – Key Price Targets to Watch
Floki Inu (FLOKI), the memecoin inspired by Elon Musk’s Shiba Inu dog, is gearing up for a significant price surge, according to crypto analyst JavonMarks. The analyst’s technical analysis suggests that FLOKI has confirmed a hidden bullish divergence, potentially signaling an approximate 81% move upwards to the $0.000306 level.
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Price Targets and Potential Gains
JavonMarks believes that if FLOKI surpasses the key $0.0002761498 target, it could pave the way for further gains, with $0.0005467298 coming into play, implying an additional 69% upside. Besides, in a previous tweet, the analyst noted that a break above this current target could open up the possibility of reaching the $0.001 level, representing a remarkable 330% upside from current prices.
According to the latest data from CoinGecko, the price of FLOKI currently stands at $0.0001736. This represents a 23.96% price increase in the last 24 hours and an 18.24% price increase over the past seven days. Moreover, the memecoin’s price action has been characterized by significant strength, as it approaches the crucial $0.0002761498 target identified by JavonMarks.
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Show more +Analyst’s Perspective
JavonMarks, known for his technical analysis on X, has been closely monitoring FLOKI’s price movements. In his tweet, the analyst emphasized the potential for FLOKI to break above the $0.0002761498 target, suggesting that a move to $0.0005467298 could follow, implying a 90% upside from current levels.
Moreover, JavonMarks noted that the logarithmic chart indicates that a break above the current target could even open up the possibility of reaching the $0.001 level, which would represent a 330% upside from FLOKI’s current trading price.
While JavonMarks’ analysis paints an optimistic picture for FLOKI, it’s essential to note that cryptocurrency markets are inherently volatile, and significant price swings can occur rapidly. Investors should exercise caution and conduct their own research before making any investment decisions.
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