The post FLOKI Holders Alert! 20% Rally Possible if This Happens appeared first on Coinpedia Fintech News
The popular meme coin Floki (FLOKI) is poised for a significant upside rally but is currently facing strong resistance. After a recent price decline of over 25%, the meme coin is trying to rally, unlike major cryptocurrencies like Popcat (POPCAT), dogwifhat (WIF), and others. However, due to the strong resistance, it is struggling.
FLOKI Technical Analysis and Upcoming Levels
According to expert technical analysis, FLOKI is just a step away from its massive rally. It is currently facing resistance from the 200 Exponential Moving Average (EMA) on the daily time frame.
Source: Trading View
Based on the historical price momentum, if FLOKI breaks out from the 200 EMA and closes a daily candle above the $0.000147 level, there is a strong possibility it could soar by 20% to reach the $0.000175 level in the coming days.
However, FLOKI’s Relative Strength Index (RSI) is cu
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