Crypto analyst Master Kenobi revealed two important price levels to watch before FLOKI reaches a new all-time record (ATH) level. The analyst predicts that this meme coin will enter price discovery by exceeding its current ATH level of $0.00035.
Critical Price Levels
Master Kenobi stated in his statement on the X platform that FLOKI will reach the ATH level after passing the 0.00021 and 0.00028 dollar levels. The analyst predicts that these price targets will be reached this month.
The chart provided by the analyst shows that FLOKI could climb as high as $0.0011 as it reaches a new ATH. This increase represents a gain of approximately 478% for the meme coin.
The analyst stated that FLOKI’s price has doubled since the last breakout. He also noted that the meme coin has started to rise again from the horizontal support zone and he expects another two-fold increase in its price in the coming days.
“FLOKI may rise by completing the 300-day consolidation period.” -Poseidon.
Poseidon stated that FLOKI’s 300-day consolidation period has ended and this phase will result in an upward expansion.
Key Indicators and Future Expectations
As we mentioned before, FLOKI’s ETP may become operational in the first quarter of the year. This fund could contribute to future price increases by strengthening institutions’ entry into the memecoin ecosystem.
dogecoin $0.383025Following , the second crypto ETP will be interesting. FLOKI Coin team has been doing a good job for a long time in releasing products, especially in hype areas. And of course, we also see the positive effects of such steps on the price. Considering the interest of new investors in meme coins during the bull season, FLOKI Coin’s positive divergence may bring significant demand for it.
These targets and positive analyzes determined for FLOKI may offer more opportunities for investors. However, considering the volatile nature of crypto markets, it is recommended to act with caution.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
