On the verge of removing another zero for $FLOKI ! Strong buying momentum indicates further upward movement. 🔥
Dear followers of cryptocurrency $FLOKI ,
We are currently witnessing a strong buying momentum pushing the price of the currency towards breaking the first zero and reducing the number of zeros to three! After touching the level of 0.00009096 and bouncing back with a daily candle, the buying momentum remains strong as evident from the Relative Strength Index (RSI) on the four-hour time frame.
Technical Analysis:
Relative Strength Index (RSI) on the 4-hour time frame: Indicates continued buying strength.
Relative Strength Index (RSI) on the daily time frame: Its stability above the 50 moving average reinforces expectations for further upward movement in the coming days.
Forecast:
Based on the current momentum and technical indicators, we expect the price of FLOKI to continue rising and possibly break the current resistance level and reduce the number of zeros.
Call to Action:
What are your expectations for the price movement of $FLOKI in the coming period? Share your opinions and analyses in the comments! 👇