The post Will FLOKI Latest Break Above $0.00020 Lead to a Record High? appeared on BitcoinEthereumNews.com.

With a breakout rally struggling to gain momentum, can Floki break through and set a new all-time high in this bull run? As the broader market recovers, the memecoin sector is seeing strong performers, with Floki standing out. The token’s price action indicates a bullish recovery, pushing it above the key $0.00020 psychological level. However, the rally hits a roadblock as it approaches $0.00025. Does this mean we will see a retest of $0.00020 before Floki attempts a new all-time high? Floki Price Analysis Starting from the $0.000117 mark, FLOKI has increased by 111% over the past 10 days. FLOKI currently trades at $0.00023621 with a minor intraday gain of 0.50%. This reveals a doji candle in making as it faces higher price rejection from the $0.00024985.  FLOKI Price Chart Floki’s price action reveals nine bullish candles over the past ten trading days as the buying pressure grows. This has increased the chances of a golden crossover between the 50-day and 200-day simple moving average lines.  Furthermore, the rising histograms in the MACD indicator lead to a positive trend in the average line. Thus, the technical indicators remain optimistic about the future Floki price trend.  Valhalla Partners with Dubai Mall of the Emirates Floki’s sentiment received a boost thanks to a new partnership between Valhalla Gaming and the Dubai Mall of the Emirates, which led to an 11.44% price spike yesterday. As part of the deal, Valhalla’s branding will be showcased across 93 screens in the Dubai Mall from November 15 to December 12. This campaign aims to promote Valhalla Gaming and increase adoption in the UAE. Moreover, the team has teased a significant marketing announcement scheduled for 6 PM UTC on November 14. Will Floki Price Cross $0.00032? The formation of a doji candle suggests a potential halt in…

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Filed under: News - @ November 14, 2024 5:25 pm