Floki Price Prediction for June 2025
The post Floki Price Prediction for June 2025 appeared on BitcoinEthereumNews.com.
After staging a modest rebound in May, the Floki price has turned lower once again, signaling renewed weakness heading into June 2025. At the time of writing, Floki’s price is hovering around $0.00007950, having slipped sharply from its late May high near $0.00010670. The latest Floki price action indicates a breakdown below the 100-day exponential moving average, with multiple indicators suggesting a continuation of the broader downtrend through June. What’s Happening With Floki’s Price? On the weekly chart, Floki’s price has been stuck within a long-term descending channel since 2024. A brief breakout attempt in April 2025 was rejected below the $0.000120 level, triggering a swift return to the lower half of the range. This failure to sustain upward momentum points to a structurally weak market, where any rallies are being sold into. The daily chart highlights a firm rejection from the $0.000107 area in late May, followed by a decisive close below the key horizontal support near $0.000088. This breakdown has placed Floki’s price today at risk of a deeper retracement toward the April low around $0.000073. The loss of this range base would open the door to further selling pressure, possibly targeting the 0.786 Fibonacci retracement at $0.000058. Floki Price Volatility Increases As Bollinger Bands Widen Volatility is returning to the asset. Bollinger Bands on the daily chart are expanding once again, with price hugging the lower band as bearish momentum accelerates. Meanwhile, Floki price volatility has widened in response to broader altcoin weakness, amplifying risk for short-term traders. The 20/50 EMA cluster between $0.000088 and $0.000094 is now acting as a ceiling, further confirming the shift in momentum. Ichimoku Cloud analysis reinforces the bearish outlook. On the 4-hour chart, price remains well below the Kumo cloud, with no bullish crossover in sight. The Senkou Span A is…
Filed under: News - @ May 31, 2025 10:22 pm