A combination of rising price action, increased trading volume, and improving technical indicators has positioned the meme-inspired token for a potential move toward the $0.000135 resistance level. Market sentiment appears to be stabilizing as accumulation patterns emerge across multiple timeframes.

Floki Price Prediction: Technical Indicators Point Toward Breakout Setup

The 10-hour chart using Heikin Ashi candles shows a noticeable recovery in price structure after a multi-month decline. Floki Price Prediction recorded significant volatility throughout the past year, marked by sharp rallies followed by steep corrections. The most prominent spikes occurred in April and November 2024. Following the March 2025 bottom near $0.00005032, FLOKI has posted higher lows and is now trading close to a key resistance level at $0.0001142.

Source:X

A medium-term moving average, likely the 50- or 100-period, is beginning to slope upward, supporting the potential for a trend shift. Price is currently testing the $0.0001142 level, which sits between minor support around $0.00009798 and a resistance zone at $0.00019303. A breakout above this range on elevated volume could lead to further upside.

If rejected, the price may revisit support levels around $0.00009798 or lower at $0.00005032. These levels are being closely monitored by traders for directional confirmation.

An analyst from X, @Erkan12107997, highlighted the bottoming formation with a reference to a bullish signal and a potential entry point. While the post included promotional content, such as referral links and Telegram group mentions, the technical observations align with broader chart signals showing recovery. Independent confirmation via volume and price reaction remains essential to validate any projected targets.

Daily Price Movement Supports Short-Term Strength

On the 24-hour chart, FLOKI has recorded a 1.53% increase, currently trading at $0.0001030. The price fluctuated within a narrow band between $0.000098 and $0.000107, signaling consolidation with an upward bias. This steady climb suggests growing demand as the price attempts to move toward the $0.000110–$0.000114 zone, a short-term resistance area identified in higher timeframes.

Source:Brave New Coin

Trading volume over the same period reached $157.88 million, indicating elevated market activity. The volume increase is notable given the consolidation range, often viewed as a sign of accumulation. The liquidity profile also appears favorable, with daily volume at approximately 15% of FLOKI’s $1 billion market capitalization. This level of liquidity supports short-term price moves and can enable breakout attempts if sustained.

FLOKI ranks 101st by market cap and maintains a circulating supply exceeding 9.66 trillion tokens. The token remains popular within speculative trading communities, with price activity often influenced by social media sentiment and news cycles. While not purely valuation-driven, these factors contribute to its volatile yet active trading behavior.

Weekly Chart Suggests Accumulation and Potential Breakout

Additionally, the weekly chart on TradingView shows that FLOKI is attempting a technical reversal after a prolonged downtrend through late 2024 and early 2025. The recent weekly close at $0.00010390 places the token above the middle Bollinger Band (basis at $0.00008539) and near the upper band at $0.00013560. This shift signals rising bullish pressure and aligns with improving sentiment observed in lower timeframes.

Source:TradingView

The Bollinger Bands are contracting, a condition that typically precedes a period of increased volatility. As the price remains above the baseline and approaches the upper band, a breakout attempt becomes more plausible. A confirmed move beyond $0.00013560 could open the path toward the $0.00015000 range, where the next significant resistance is located. Conversely, the lower band near $0.00003518 serves as a key long-term support.

The Bollinger Band Power (BBP) indicator has entered positive territory, now reading 0.00002263. This shift from negative to positive territory is an early sign of strength, often preceding further upside when supported by volume. Additionally, the combination of higher lows and stronger weekly candles suggests a transition from bearish exhaustion to early-stage recovery.

Floki Price Prediction: Watching for Confirmation Above Resistance

On the other hand, the FLOKI price prediction remains cautiously bullish, provided the token can break through the $0.0001142 and $0.00013560 resistance levels. Indicators across hourly, daily, and weekly charts support the view that FLOKI is undergoing accumulation. The narrowing Bollinger Bands and improving BBP reflect a setup that could precede a volatile move.

Key support levels to monitor include $0.00009798 and $0.00005032. A breakdown below these zones would weaken the bullish case and shift attention back to previous lows. For now, the price action suggests that FLOKI is in a position to attempt a breakout if market sentiment holds and volume supports the move. The $0.000135 target remains a viable medium-term level should these conditions align.

---

Filed under: Bitcoin - @ May 29, 2025 7:24 pm