After a four-month low, the FLOKI price rally might be next in the crypto market, as the symmetric triangle pattern indicates a 200% surge.
Why Could FLOKI Price Rally $200% Next?
Floki Inu’s price is slowly building a pace to follow the bulls, as it has surged almost 5% over the week. This week, it plunged to a two-month low, but a crypto analyst has indicated the possibility of witnessing a 200% breakout for this token. As per him, the ongoing consolidation phase will end with a breakout as it is getting ready for another Bullish wave, which is consolidating between the Tight Bullish Pennant Range. More importantly, the trend is quite strong for this breakout, which could result in a 200% bullish wave in the next few days. Meanwhile, the other dog-themed meme coins are already taking the lead, the next few days could push FLOKI in the race as well.

“$Floki #Floki Seems Like Ready For Another Bullish Wave Consolidating Within Tight Bullish Pennant Range & Trend Is Strong Probability Is Higher For Upside Breakout After Successful Breakout Expecting 200% Bullish Wave In Coming Days”
World Of Charts (@WorldOfCharts1) November 6, 2024
Floki has been following a consolidation for weeks and has drifted 59% away from the ATH of $0.0003462 set just five months ago. During this period, the price indicated the formation of multiple symmetric triangles (pennants), which are the signs of the Tight Bullish Pennant range, which covers the same small symmetrical triangle pattern right after big upward movement. More importantly, once the pattern finishes, it ends with another bullish rally.
Source: Coinmarketcap
This month-long consolidation took place with the users shifting interest from this token to new and trending meme coins. At the same time, the trading volume for this token decreased, which is also common during the pennant formations. Interestingly, it often leads to a breakout if it goes past the pennant, and the same is the situation right now, where a breakout might happen with the FLOKI price breaking above it.

Technical Indicators Favor the Bullish Outlook
After analyzing the 24-hour chart, it is clear that the token is in a buying zone where the investors are actively trading the token. The 24-hour training volume also signifies the same, as the total value is up to $229.44M, which is better than average. Additionally, many technical factors like RSI, Moving averages, and MACD favor the analyst’s bullish outlook.
The relative strength index is at 52.2, which is a sign of building strength without pushing the token to overbuying. The same is true with the major moving average and MACD, as they are also in the buying zone, hinting at the possibility of crossover.
Overall, these technical indicators present buyer dominance. This combined with a symmetrical triangle pattern, implies the possibility of a strong uptrend and FLOKI price rally.

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#FOLKI #folki/usdt #Rally #NovemberMarketAnalysis #MarketAnalysis

Meme coins have been one of the most fun, volatile, and at times wildly profitable corners of the crypto market. These coins, inspired by internet culture, may have started as jokes, but they’ve grown into serious projects that attract investors and enthusiasts alike. Let’s take a look at the top four meme coins that are shaking things up in the crypto world!
1. Dogecoin #DOGE The OG Meme Coin 🐕💰
No meme coin list is complete without mentioning the grandfather of all meme tokens—Dogecoin! Created in 2013 as a joke, DOGE was inspired by the popular “Doge” meme featuring a Shiba Inu. Fast forward to today, and it’s one of the most widely recognized cryptocurrencies.
Why Dogecoin?
• Endorsed by big names like Elon Musk 🚀
• Frequently used for tipping content creators 🖥️
• Known for its strong community backing 💪
#DogeArmy #ToTheMoon #CryptoJokes
2. Shiba Inu (SHIB) #SHIB، - The “Dogecoin Killer” 🦊💥
Launched in 2020, Shiba Inu is often dubbed the “Dogecoin Killer” for its ambitious goals of overtaking DOGE in market capitalization. It may have started as a joke but quickly gained serious momentum, thanks to its decentralized exchange ShibaSwap and NFT ecosystem.
Why Shiba Inu?
• Popular among DeFi users 📈
• Large community driving SHIB token burns 🔥
• Ecosystem includes ShibaSwap and NFTs 🎨
#ShibArmy #ShibaSwap #SHIBBurn
3. Pepe Coin (PEPE) #pepe⚡ - The Green Frog Returns 🐸💸
Named after the iconic internet meme “Pepe the Frog,” Pepe Coin has become a cult favorite in the meme coin space. Though originally controversial, the cryptocurrency has seen its share of ups and downs, but its loyal community continues to keep it afloat.
Why Pepe Coin?
• Strong presence on social media 📱
• Resilient fanbase 💪
• Frequently featured in meme culture 📷
#PepeCoin #MemeCulture #FrogPower
4. Floki Inu (FLOKI) #FOLKI - Inspired by Elon’s Dog 🐶⚔️
Named after Elon Musk’s dog, Floki Inu combines the meme coin culture with real utility, aiming to integrate with the NFT and gaming world. The developers behind FLOKI have created various initiatives to give the coin lasting value, including its upcoming FlokiPlay gaming platform.
Why Floki Inu?
• Targeting the gaming and metaverse space 🎮
• Partnership with real-world projects 🌍
• Thriving community of “Vikings” ⚔️
#FlokiInu #VikingArmy #FlokiToTheMoon
💡 Final Thoughts 💡
Meme coins may have started as jokes, but they’ve proven that they can be serious players in the crypto space. Whether you’re in it for the laughs or the potential gains, always remember to invest wisely!
#CryptoMeme #HODL #MemeCoinMania #DYOR