Floki Inu (FLOKI) is on the verge of a major breakout: Volatility could increase.

Floki Inu ($FLOKI ) is on the verge of a major breakout, and the weekly chart suggests that a major breakout could be imminent.

With the price testing the major resistance level for the fourth time, FLOKI seems poised for an explosive move. Coinbase’s addition to its listing roadmap has further increased the token’s momentum, delighting its investors.

According to analysts, #FLOKI is on the verge of a major rally with targets at $0.000775, $0.001270, and $0.002810. There is a general consensus that testing resistance levels for the fourth time usually leads to strong breakouts. FLOKI’s market value currently exceeds $2.55 billion. The token gained 91.43 percent compared to last week, rising to $0.0002675. With the memecoin trend wind behind it, FLOKI seems ready for the bull season.

Bitcoin’s $80,000 support protection, the continuation of the memecoin trend, or the decline of BTC dominance could lead to new highs for FLOKI. Cryptocurrency analyst CryptoBullet has set three price targets for the popular memecoin. Their targets are as follows: $0.000775 – $0.001270 – $0.002810.