The post FLOKI Price Could Surge by 96%, Says Analyst appeared first on Coinpedia Fintech News
On August 23, 2024, the popular meme coin Floki Inu (FLOKI) gained notable attention from the crypto community due to the recent bullish breakout and an impressive price surge over the last 24 hours. Amid this bullish outlook, a crypto expert made a post on X (previously Twitter) that FLOKI is experiencing a bullish divergence and could see a 96% surge in the coming days.
FLOKI Price Prediction for August 2024
In addition to the expert comment, technical analysis indicates that FLOKI remains bullish despite trading below the 200 Exponential Moving Average (EMA) on a daily time frame. On a daily time frame, FLOKI has experienced a breakout of a bullish double-bottom price action pattern and is currently retesting the breakout level.
Source: Trading View
Following this breakout, there is a high possibility that FLOKI could surge by 50% to $0.000209 level. However, during the upwa
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