Floki Inu - Technical Analysis
Floki Inu is currently trading at $0.0002706, boasting a market cap of $2.58 billion and a circulating supply of 9.55 trillion tokens. Over the last 24 hours, its price has dipped by -3.56%, though it's seen a remarkable surge of +93.93% throughout the week.
Examining the daily time frame reveals Floki Inu is presently undergoing profit booking. Following a climb to $0.00030714, there was a swift rejection, bringing it down to $0.00025637. Despite this, buying activity remains relatively robust, suggesting the meme fever hasn't fizzled out entirely.
With the RSI above 75, Floki remains firmly in overbought territory. The $0.00030714 mark serves as a significant resistance level, and a breakthrough could pave the way for further upward movement, potentially targeting subsequent key levels.
Examining the daily time frame reveals Floki Inu is presently undergoing profit booking. Following a climb to $0.00030714, there was a swift rejection, bringing it down to $0.00025637. Despite this, buying activity remains relatively robust, suggesting the meme fever hasn't fizzled out entirely.
With the RSI above 75, Floki remains firmly in overbought territory. The $0.00030714 mark serves as a significant resistance level, and a breakthrough could pave the way for further upward movement, potentially targeting subsequent key levels.
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