Is Floki The Best Meme Coin To Buy Now? Descending Wedge Breakout Confirmed, 50% Rally Incoming
The post Is Floki The Best Meme Coin To Buy Now? Descending Wedge Breakout Confirmed, 50% Rally Incoming appeared on BitcoinEthereumNews.com. Meme coins continue to defy the broader market uncertainty. After Bonk, Floki is another blue-chip meme token that is back among the top performers, posting a 14% green candle on Sunday. Another 7% rally today has brought its weekly gains to 23%. Prominent crypto analyst Four highlights that $FLOKI has confirmed a breakout from a multi-month descending broadening wedge in the daily timeframe, which could trigger a 50% rally. Currently trading at $0.000088, Four expects a rally to between $0.00011 and $0.000115 in the coming weeks. Multiple top analysts agree the Floki downtrend is over and a fresh uptrend is underway, cementing its spot among the best meme coins to buy now. Besides Floki, blue chips like Bonk, SPX6900 and Dogecoin are showing significant bullish strength, indicating the onset of a new bull trend in the meme coin sector. With euphoria beginning to take hold, new meme coins like Snorter and Bitcoin Hyper are being viewed as the next 100x crypto. Floki Price Prediction – Fibonacci Levels Show How High It Can Go? The Floki price saw a 14% spike on Sunday, breaking out of a falling wedge. However, retail traders remain skeptical, with many dismissing the rally as a dead cat bounce or a bull trap. Legendary trader Bluntz highlights that the funding rate on Bybit remains negative, which indicates that short positions are in higher demand than longs. However, Bluntz believes that the decision to short FLOKI is “incredibly stupid”. He highlights that the meme coin is now “well and truly” in an uptrend. Using Elliot Wave analysis, he highlights that the Floki has ended its A-B-C corrective phase, and is now in the early stages of an impulsive bullish wave. the old guard in memes are waking up again.$FLOKI now well and truly in a new uptrend…
The post Is Floki The Best Meme Coin To Buy Now? Descending Wedge Breakout Confirmed, 50% Rally Incoming appeared on BitcoinEthereumNews.com.
Meme coins continue to defy the broader market uncertainty. After Bonk, Floki is another blue-chip meme token that is back among the top performers, posting a 14% green candle on Sunday. Another 7% rally today has brought its weekly gains to 23%. Prominent crypto analyst Four highlights that $FLOKI has confirmed a breakout from a multi-month descending broadening wedge in the daily timeframe, which could trigger a 50% rally. Currently trading at $0.000088, Four expects a rally to between $0.00011 and $0.000115 in the coming weeks. Multiple top analysts agree the Floki downtrend is over and a fresh uptrend is underway, cementing its spot among the best meme coins to buy now. Besides Floki, blue chips like Bonk, SPX6900 and Dogecoin are showing significant bullish strength, indicating the onset of a new bull trend in the meme coin sector. With euphoria beginning to take hold, new meme coins like Snorter and Bitcoin Hyper are being viewed as the next 100x crypto. Floki Price Prediction – Fibonacci Levels Show How High It Can Go? The Floki price saw a 14% spike on Sunday, breaking out of a falling wedge. However, retail traders remain skeptical, with many dismissing the rally as a dead cat bounce or a bull trap. Legendary trader Bluntz highlights that the funding rate on Bybit remains negative, which indicates that short positions are in higher demand than longs. However, Bluntz believes that the decision to short FLOKI is “incredibly stupid”. He highlights that the meme coin is now “well and truly” in an uptrend. Using Elliot Wave analysis, he highlights that the Floki has ended its A-B-C corrective phase, and is now in the early stages of an impulsive bullish wave. the old guard in memes are waking up again.$FLOKI now well and truly in a new uptrend…
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