Floki (FLOKI): are we seeing retest after 80% gains? | 7.06
FLOKI broke out of a bullish pattern a few weeks ago, and since then it has earned investors profits. If the trend continues, then it won’t be surprising to see the memecoin reaching new highs soon.
The analysis of the memecoin’s daily chart revealed that its MACD displayed a bullish upperhand in the market.
According to the Bollinger Bands, FLOKI’s price was testing well above its 20-day Simple Moving Average (SMA). However, the Chaikin Money Flow (CMF) turned bearish as it moved southward.
If the memecoin continues to shed its value over the coming days, then investors might witness it drop to $0.00025. This seemed to be the case, as liquidation would rise sharply at that level.
On the other hand, if FLOKI turns bullish, then its price might touch $0.00036 soon.
FLOKIUSDT
The analysis of the memecoin’s daily chart revealed that its MACD displayed a bullish upperhand in the market.
According to the Bollinger Bands, FLOKI’s price was testing well above its 20-day Simple Moving Average (SMA). However, the Chaikin Money Flow (CMF) turned bearish as it moved southward.
If the memecoin continues to shed its value over the coming days, then investors might witness it drop to $0.00025. This seemed to be the case, as liquidation would rise sharply at that level.
On the other hand, if FLOKI turns bullish, then its price might touch $0.00036 soon.
FLOKIUSDT 
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