- Bullish FLOKI price prediction for 2024 is $0.00032107 to $0.00080303.
- FLOKI (FLOKI) price might reach $0.001 soon.
- Bearish (FLOKI) price prediction for 2024 is $0.00004772.
In this FLOKI (FLOKI) price prediction for 2024, 2025-2030, we will analyze the price patterns of FLOKI by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
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FLOKI (FLOKI) PRICE PREDICTION 2024 |
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FLOKI (FLOKI) PRICE PREDICTION 2024, 2025, 2026-2030 |
CONCLUSION |
FAQ |
FLOKI (FLOKI) Current Market Status
Current Price | $0.0001376 | 24 – Hour Price Change | 1.82% Down |
24 – Hour Trading Volume | $141.80M |
Market Cap | $1.32B |
Circulating Supply | 9.60T FLOKI | All – Time High | $0.0003462 (On June 05, 2024) |
All – Time Low | $0.00000002 (On Aug 09, 2021) |
What is FLOKI (FLOKI)
TICKER | FLOKI |
BLOCKCHAIN | Ethereum |
CATEGORY | Memecoin |
LAUNCHED ON | September 2021 |
UTILITIES | Governance, security, gas fees & rewards |
Floki, often referred to as Floki Inu or simply Floki is a cryptocurrency that emerged as a meme-inspired digital asset. It gained popularity and recognition due to its association with the enigmatic Norse character, Floki from the TV series Vikings, and the broader “dog meme” coin trend that began with Dogecoin.
Floki’s development and community are driven by a group of enthusiasts and developers. While its long-term viability and utility remain uncertain, it serves as a symbol of the unpredictable and speculative nature of the cryptocurrency market, attracting both fervent supporters and critics within the crypto space.
FLOKI 24H Technicals
(Source: TradingView)
FLOKI (FLOKI) Price Prediction 2024
FLOKI (FLOKI) ranks 58th on CoinMarketCap in terms of its market capitalization. The overview of the FLOKI price prediction for 2024 is explained below with a daily time frame.
FLOKI/USDT Horizontal Channel Pattern (Source: TradingView)
In the above chart, FLOKI (FLOKI) laid out a horizontal channel pattern. In general, the horizontal channel is formed during price consolidation. In this pattern, the upper trendline, the line that connects the highs, and the lower trendline, the line that connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
At the time of analysis, the price of FLOKI (FLOKI) was recorded at $0.0001376. If the pattern trend continues, then the price of FLOKI might reach the resistance levels of $0.00014416, $0.00016245, and $0.00019990. If the trend reverses, then the price of FLOKI may fall to the support of $0.00012465.
FLOKI (FLOKI) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of FLOKI (FLOKI) in 2024.
FLOKI/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of FLOKI (FLOKI) for 2024.
Resistance Level 1 | $0.00032107 |
Resistance Level 2 | $0.00080303 |
Support Level 1 | $0.00011233 |
Support Level 2 | $0.00004772 |
FLOKI Resistance & Support Levels
FLOKI (FLOKI) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of FLOKI (FLOKI) are shown in the chart below.
FLOKI/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current FLOKI (FLOKI) market in 2024.
INDICATOR | PURPOSE | READING | INFERENCE |
50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.00013878Price = $0.00013782 (50MA > Price) | Bearish/Downtrend |
Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 46.99845396 <30 = Oversold 50-70 = Neutral>70 = Overbought | Nearly Oversold |
Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak Volume |
FLOKI (FLOKI) Price Prediction 2024 — ADX, RVI
In the chart below, we analyze the strength and volatility of FLOKI (FLOKI) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
FLOKI/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of FLOKI (FLOKI).
INDICATOR | PURPOSE | READING | INFERENCE |
Average Directional Index (ADX) | Strength of the trend momentum | 12.00961155 | Weak Trend |
Relative Volatility Index (RVI) | Volatility over a specific period | 48.95 <50 = Low >50 = High | Low Volatility |
Comparison of FLOKI with BTC, ETH
Let us now compare the price movements of FLOKI (FLOKI) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs FLOKI Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of FLOKI is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of FLOKI also increases or decreases respectively.
FLOKI (FLOKI) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of FLOKI (FLOKI) between 2025, 2026, 2027, 2028, 2029, and 2030.
Year | Bullish Price | Bearish Price |
FLOKI (FLOKI) Price Prediction 2025 | $0.002 | $0.00004 |
FLOKI (FLOKI) Price Prediction 2026 | $0.004 | $0.000035 |
FLOKI (FLOKI) Price Prediction 2027 | $0.006 | $0.00003 |
FLOKI (FLOKI) Price Prediction 2028 | $0.008 | $0.000025 |
FLOKI (FLOKI) Price Prediction 2029 | $0.01 | $0.00002 |
FLOKI (FLOKI) Price Prediction 2030 | $0.03 | $0.000015 |
Conclusion
If FLOKI (FLOKI) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish FLOKI (FLOKI) price prediction for 2024 is $0.00080303. Comparatively, if unfavorable sentiment is triggered, the bearish FLOKI (FLOKI) price prediction for 2024 is $0.00004772.
If the market momentum and investors’ sentiment positively elevate, then FLOKI (FLOKI) might hit $0.001. Furthermore, with future upgrades and advancements in the FLOKI ecosystem, FLOKI might surpass its current all-time high (ATH) of $0.0003462 and mark its new ATH.
FAQ
1. What is FLOKI (FLOKI)?
Floki, often referred to as Floki Inu or simply Floki, is a cryptocurrency that emerged as a meme-inspired digital asset.
2. Where can you buy FLOKI (FLOKI)?
Traders can trade FLOKI (FLOKI) on the following cryptocurrency exchanges such as Binance, OKX, CoinW, Deepcoin, and Bitrue.
3. Will FLOKI (FLOKI) record a new ATH soon?
With the ongoing developments and upgrades within the FLOKI platform, FLOKI (FLOKI) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of FLOKI (FLOKI)?
FLOKI (FLOKI) hit its current all-time high (ATH) of $0.0003462 On June 05, 2024.
5. What is the lowest price of FLOKI (FLOKI)?
According to CoinMarketCap, FLOKI hit its all-time low (ATL) of $0.00000002 on Aug 09, 2021.
6. Will FLOKI (FLOKI) hit $0.001?
If FLOKI (FLOKI) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.001 soon.
7. What will be the FLOKI (FLOKI) price by 2025?
FLOKI (FLOKI) price might reach $0.002 by 2025.
8. What will be the FLOKI (FLOKI) price by 2026?
FLOKI (FLOKI) price might reach $0.004 by 2026.
9. What will be the FLOKI (FLOKI) price by 2027?
FLOKI (FLOKI) price might reach $0.006 by 2027.
10. What will be the FLOKI (FLOKI) price by 2028?
FLOKI (FLOKI) price might reach $0.008 by 2028
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.