Why Is FLOKI Price Up? This Chart Screams “Next Meme Coin Rocket”

Meme coins are waking up and the FLOKi price is today among top crypto gainers with 15% pump. It’s now trading around $0.000077.

One of the most popular meme coin analysts in crypto ‘SHIB KNIGHT’ talked to his 475k followers on X about FLOKI today.

FLOKI Chart: Breaking Through Barriers

FLOKI has pushed above its recent high point, showing real strength in the market. The price has been making higher lows and higher highs, which is what traders look for in a strong uptrend.

The FLOKI price candles show buyers are in full control right now. There aren’t many upper shadows on these candles, meaning sellers aren’t stepping in to take profits yet. This usually means the upward move has room to continue.

The next big test for FLOKI sits at around $0.00008000. This is an important level both mentally for traders and on the technical charts. If FLOKI breaks through this cleanly, we might see even more buyers rush in, especially those afraid of missing out on gains.

If the price drops, it should find support around $0.00007000, which was the previous high area. If it falls further, the $0.00006000 level should provide stronger support since that’s where the price consolidated before this recent move up.

Standing Out From The Pack

What makes FLOKI interesting right now is how it compares to other meme coins. According to SHIB KNIGHT, FLOKI is the only one among the older meme coins (like DOGE and SHIB) to reach a new all-time high in this market cycle. This shows FLOKI is outperforming many competitors, both old and new.

This isn’t just a quick pump, either. FLOKI has stayed relevant across multiple market cycles. In the meme coin world, where most coins disappear after their first hype phase, this staying power is rare.

Even though coins like PEPE and BONK get a lot of attention lately, FLOKI has managed to hold its ground. It’s built itself into more than just a meme coin – it’s created a brand with its Viking theme and occasional mentions in Elon Musk’s tweets.

The analyst seems to think FLOKI is setting up for a major move soon. The chart patterns back this up – this isn’t just empty hype but has technical support.

If FLOKI pushes above $0.00008000, it could then target $0.00009000, and after that the big $0.00010000 mark. With both social buzz and technical signals lining up, FLOKI might see some dramatic price action soon, especially if the overall meme coin market stays positive.

Read also: Dinner With Donald? $TRUMP Pumps, But These Bearish Signals Can’t Be Ignored

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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