Floki Inu Moment Of Glory: Analysts Forecast Explosive 200% Rally

Name	Symbol	Market	Market Cap ($)	Algorithm
SHIBA INU	SHIBUSD	Crypto	14,142,740,959	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

SHIBA INU

SHIBUSD

Crypto

14,142,740,959

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00	0.00%	0.000024	0.000024	0.000024

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00

0.00%

0.000024

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.000024	0.000023	0.000024	0.000024	0.00000600 - 0.000048

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.000024

0.000023

0.000024

0.00000600 - 0.000048

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	17:07:29	874,451.00	0.000024	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

17:07:29

874,451.00

0.000024

USD

Price x Volume	Volume	Base Symbol	Related Pairs
31,268,986.02	206,069,926,411.67	SHIB	SHIBEUR	SHIBGBP	SHIBBTC

Price x Volume

Volume

Base Symbol

Related Pairs

31,268,986.02

206,069,926,411.67

Floki Inu Moment Of Glory: Analysts Forecast Explosive 200% Rally

15/05/2024 3:30pm

NEWSBTC

Floki Inu (FLOKI), the meme coin inspired by Elon Musk’s Shiba Inu pup, is barking up a storm, with analysts predicting a potential price surge of 120% to a whopping 200% in the coming months. This comes amidst a period of impressive performance for FLOKI, defying a sluggish overall market. Related Reading: Pepe Power! Meme Coin Surges On Back Of GameStop Nostalgia Floki Inu Soars Against The Tide While the cryptocurrency market has faced turbulence recently, FLOKI has been charting its own course. Over the past month, the meme coin has skyrocketed by 40%, showcasing resilience and defying the broader market sentiment. This bullish run continued in the last 24 hours, with FLOKI registering a further 18% increase in price. Technicals Flash Green: Bullish Pennant Hints At Breakout Adding fuel to the fire are technical indicators. Keen-eyed analysts have spotted a bullish pennant formation on FLOKI’s charts, a technical pattern that often precedes a significant price breakout. This pattern typically emerges after a period of consolidation, suggesting a potential surge in price once the pennant breaks. Analysts In Chorus: FLOKI Primed For Liftoff Multiple analysts have stepped forward to lend credence to the bullish outlook for FLOKI. Captain Faibik, a respected analyst in the crypto space, has meticulously combed through FLOKI’s charts and identified the bullish pennant formation on the daily timeframe. Faibik anticipates a robust bullish rally in the medium term, projecting gains of approximately 180-200%. $FLOKI is Breaking out of Bullish Pennant on the Daily timeframe Chart..!! Looks Extremely Bullish for the Midterm, Expecting +180-200% Bullish Rally.. 📈🚀#Crypto #FLOKİ #FLOKIUSDT pic.twitter.com/2Fgxq05Oq8 — Captain Faibik (@CryptoFaibik) May 14, 2024 Another analyst, known by the moniker World Of Charts, echoes Faibik’s sentiment. They too have observed a bullish breakout from a pennant formation, albeit on the 12-hour timeframe chart. $Floki Breaking Bullish Pennant In 12H Timeframe Incase Of Successful Breakout Expecting 120-130% Bullish Wave#Crypto #Floki pic.twitter.com/FtrphajtEY — World Of Charts (@WorldOfCharts1) May 13, 2024 World Of Charts predicts a substantial uptrend, estimating gains between 120-130% after a successful breakout. This consistency in analysis from various experts underscores the growing confidence in FLOKI’s potential for significant upside. Related Reading: XRP To Nearly $600? Analyst Makes Bold Claim, But Can It Overcome Legal Hurdles? FLOKI’s Future: A Meme Coin With Momentum? FLOKI’s recent performance and the backing of prominent analysts have undoubtedly captured the attention of investors. Whether FLOKI can translate this hype into a sustained price increase will be a story to watch in the coming weeks. Featured image from Beautifulbeasts.com, chart from TradingView

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