FLOKI has risen by 0.53% in the past 24 hours, now trading at $0.0001562. The meme coin remains in a neutral market sentiment. Despite a struggle to regain momentum, FLOKI experienced a brief recovery over the last day, gaining 0.53%. The meme coin market shows mixed signals amid ongoing battles between bulls and bears.
As the day began, FLOKI exhibited bullish behavior, rising from a low of $0.0001517 to a high of $0.0001587. Currently, it trades at $0.0001562 with a market capitalization of $1.49 billion. However, despite the price increase, daily trading volume dropped by around 20.50% to $480 million, according to CMC data.
Meanwhile, LunarCrush, a social intelligence platform, highlighted that FLOKI gained significant attention this week, with its social dominance rising to 1.55%, nearly double the weekly average of 0.85%.
FLOKI’s Recent Bullish Rally On the monthly chart, FLOKI has dropped over 12%, starting at $0.0001735 and falling to a low of $0.000101. Over the past week, the coin has rebounded from this decline, showing a 12.80% increase and reaching a weekly high of $0.0001601.
FLOKI’s one-day price chart presents a positive outlook. If upward momentum continues, the coin could aim for an initial resistance level of $0.00016854. Conversely, if bearish pressure persists, the price might fall to $0.00014005.
In terms of technical indicators, FLOKI’s short-term 9-day moving average is at $0.00014719, while its long-term 21-day MA is at $0.00013155. The daily Relative Strength Index (RSI) is at 60.85, indicating a neutral market sentiment.
