In his latest tweet, crypto analyst TraderSteve made a bold prediction for the meme coin FLOKI, suggesting that it may have found its bottom and is poised for major growth.
According to TraderSteve, FLOKI is gaining strength right at the 78 Fibonacci retracement level, indicating a potential reversal point. The analyst expresses confidence in their entry position and anticipates a takeoff in FLOKI’s price.
TraderSteve’s most striking prediction is that FLOKI could reach $0.001 during this market cycle. While acknowledging that the timing is uncertain, the analyst believes it’s just a matter of time before FLOKI achieves this ambitious price target.
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CryptoJobs Forecasts End of Correction and New All-Time Highs
Supporting the bullish sentiment, analyst CryptoJobs has declared the end of FLOKI’s downward correction, noting that the price has dumped 55% from its recent top. Despite this retracement, CryptoJobs maintains that the monthly charts remain bullish and predicts that FLOKI will surpass its previous all-time high (ATH) from this bottom.
CryptoJobs claims to have provided an entry point at $0.0001600 and now sees the end of the bullish correction around $0.0002300, suggesting another 20-25% upside from current levels.
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Show more +SOMMI Highlights FLOKI’s Impressive Performance
Analyst SOMMI has drawn attention to FLOKI’s remarkable performance, describing it as an “amazing unicorn run.” The analyst emphasizes that FLOKI’s success was unexpected, with the meme coin achieving a 57x return from its bear market bottom and breaking its previous high.
SOMMI underscores the appeal of meme coins to investors, noting that FLOKI’s success came without any “secret intervention” and despite being considered a “useless meme coin” by some critics.
Read more: Analyst Shares the ‘Easiest 2x’ Trade on ONDO Crypto Price as Key Bullish Metric Continues to Rise
The bold predictions for FLOKI’s price growth from analysts like TraderSteve, CryptoJobs, and SOMMI highlight the continued interest and potential in the meme coin sector. With price targets ranging from $0.0002300 to $0.001, FLOKI could indeed be positioning itself as the next meme coin to explode in value.
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