Floki Price Prediction: FLOCKI Surges 24%, But Investors Rush To Buy This Meme Coin Rival Ahead Of Its MEGABURN Event
The Floki price has surged 24% in the last 24 hours to trade at $0.00009638 as of 1:00 a.m. EST on a 6% drop in trading volume to $369 million. Floki Price Signals An Upcoming Rebound The FLOKI price has come under intense selling pressure after reaching an intraday high of $0.00010589 before slipping to a low of $0.00009557. This movement has raised concerns about a potential breakdown below key technical levels. The latest decline comes amid a prolonged downtrend that began after FLOKI’s parabolic rally in November, where prices surged before reversing into a bearish channel. Multiple sell signals have appeared on the meme coin’s chart, reinforcing bearish sentiment. However, FLOKI is now testing a major support zone between $0.00009500 and $0.00010000, a level that previously triggered strong buying interest. FLOKIUSD Analysis Source: Tradingview Floki Price Nears Oversold Levels – Will Buyers Spark A Rebound? According to technical indicators, FLOKI may...