cryptoworld

07/20 16:17

Predicting FLOKI’s Next Price Target as Memcoin

Predicting FLOKI’s Next Price Target as Memcoin Surges 82%

With FLOKI rising alongside BTC and ETH, traders can expect the memcoin to retest its early January highs.

FLOKI’s higher timeframe bias has been decidedly bullish after rallying 82% in a month. It could next break $0.00015, but before that, there’s a chance of volatility in the coming days.

Floki [FLOKI] has surged 41% in the five days since July 14. Bulls have broken two critical levels to continue the rally.

The first was $0.000096, which became a support level on July 16. The second was the May high of $0.000123, which became a support level the following day on the 17th.

 The memecoin market has performed well over the past month, adding almost $21 billion to the sector’s total market cap. It has grown by 46%, while FLOKI has grown by 82.4% over the past month.

Bitcoin [BTC] and Ethereum [ETH] bullish momentum has helped FLOKI grow. BTC could see a slight dip to $117,000 over the weekend. Will this hinder FLOKI’s growth? 

#Claim1,200 USDT in the Monthly Creation Challenge#Share Your Thoughts on Popular Assets in June#Do you think Tanssi is promising? #Do you think MemeCore is promising?#HTX DAO Listing Governance is LIVE!

7Share