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Showing posts with the label support zone

Floki Price Prediction: FLOCKI Surges 24%, But Investors Rush To Buy This Meme Coin Rival Ahead Of Its MEGABURN Event

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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...

Cronos Price Prediction: Triple Chart Pattern at $0.10 Level, Bullish Reversal Envisaged

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Bulls may dominate Cronos market CRO/USD Price Analysis October 15 The breaking up of the confluence at the resistance level of $0.11 may push up Cronos to $0.12 and the price may target the resistance levels at $0.13. Inability to break up the confluence at $0.11 level may decrease the price towards the support levels at $0.10, $0.09, and $0.08. CRO/USD Market: Key Levels: Resistance zone: 0.11, $0.12, $0.13 Support zone: $0.10, $0.09, $0.08 CRO/USD Price Long-term Trend: Bearish Cronos is bearish on the daily time frame. When the bearish movement started on September 20 it located a support level at $0.10. It bounced up from the mentioned support level and tested the resistance level of $0.14. CRO/USD retraced from the resistance level of $0.14. Last week, it retested the support level of $0.10 which is the previous low . The just mentioned level has been tested thrice which indicate a triple bottom chart pattern. The bearish momentum is reducing as bullish daily candle i...