The post Can Floki (FLOKI) Successfully Cross the March 2024 High? appeared on BitcoinEthereumNews.com.

The Floki Inu price among the bulls and bears was fierce overall the chart. Since its April 13 base of $0.0001100, the price has been moving on an uptrend-based trendline, and gradually, bulls are getting ground and may reach higher levels. Floki Inu Price Vs. Volume Vs. Volatility (1 W) Moreover, the volume analysis shows that the Floki cryptocurrency has received $351.32 Million in volume. The price vs. volume charts describe a larger volume present, which appears to be responsible for the price rise, suggesting the continuation of the ongoing trend in Floki.  Similarly, this chart exhibits the contrast between the volatility and the price movement in the Floki crypto. On examination, it displays that the FLOKI crypto has witnessed tremendous growth in recent sessions. However, the volatility has not advanced much, illustrating stability in the price.  Moreover, the Floki crypto seems comfortable at above price levels, which shows that the sellers are sitting in the rear, and the bulls may assist the Floki crypto price to rise further. A Significant Rise in Active Wallet Addresses is Seen in Floki Active addresses 7d (FLOKI) were declining up to mid-May. However, after May 16th, the addresses started increasing, which appears optimistic for Floki. The number of distinct addresses in the FLOKI token that participated in a transfer for the given asset was 16 transactions (per active addresses 7-d metric). It illustrates that more people are back in Floki and are using and trading the token, which implies that demand and value for the token are increasing over time. Floki Inu Climbing On A Ladder, Would It Keep On Climbing Higher? The Floki crypto rose remarkably during the start of March 2024 and reached a high of $0.0003000 by March 11th, 2024. In a matter of days, the price grew with massive…

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Filed under: News - @ May 25, 2024 6:20 pm