#Crypto2025Trends
In the chart above, FLOKI (FLOKI) is forming a horizontal channel pattern. Generally, horizontal channels are formed during price consolidation. In this pattern, the upper trendline, the line connecting the highs, and the lower trendline, the line connecting the lows, run parallel horizontally and the price action is contained within it.
Horizontal channels are often considered as one of the patterns suitable for determining market timing because the buy and sell points are in consolidation.
At the time of analysis, the price of FLOKI (FLOKI) is listed at $0.00024354. If the pattern trend continues, then the FLOKI price may reach the resistance levels of $0.00027867, and $0.00072147. If the trend reverses, then the FLOKI price may fall to the support levels of $0.00017681, and $0.00011070.
