$FLOKI Price Analysis – Weekly Update

Current Price: $0.00014679 (+4.40%)

Floki (FLOKI) has shown a strong weekly performance, gaining 4.40% and currently trading at $0.00014679. After hitting a low of $0.00012888, FLOKI has rebounded significantly, reaching a recent high of $0.00015143. The chart reveals steady upward momentum, supported by increased buying interest.

Key Technical Indicators:

1. Trend: The chart shows a notable uptrend from the low point earlier in the week, with FLOKI forming higher highs and higher lows. This suggests a sustained bullish sentiment in the market.

2. Support & Resistance Levels:

• Immediate Resistance: $0.00015143, the recent peak. Breaking above this level could further fuel the rally.

• Immediate Support: Around $0.00012888, where the recent dip was reversed, acting as a strong base in case of pullbacks.

3. Momentum: FLOKI’s strong rise after reaching support indicates positive momentum. The consistent growth with limited retracement reflects renewed confidence among buyers.

Technical Outlook

If FLOKI can break through the resistance at $0.00015143, it may continue its upward trajectory. Conversely, if it faces resistance, a pullback to the $0.00012888 support could provide a consolidation base before another potential rally.

Floki is currently in a bullish phase, with the potential for further gains if it surpasses the $0.00015143 resistance. Traders should watch the resistance and support levels closely to gauge FLOKI’s next move. #BinanceBlockchainWeek #USJoblessClaimsDip #CryptoPreUSElection #EthereumPectraUpgrade