Altcoin FLOKI volume breaks out following a bullish indicator.
FLOKI price chart completes a bullish falling wedge pattern.
Bullish FLOKI pump ahead could propel FLOKI over 200% this altseason.
Altcoins are preparing to pump and set new ATHs as the peak phase of this bull cycle’s altseason nears. Presently, the pioneer cryptocurrency Bitcoin (BTC) has reclaimed the $95,000 price target. Several altcoins are showing bullish signals including FLOKI. FLOKI volume breaks out following a major falling wedge pattern that could lead to a bullish pump of over 200%.
FLOKI Volume Break Out Following Bullish Pattern
Analysts are eagerly awaiting the arrival of altseason for the ongoing bull cycle. This bullish phase for altcoins was set to arrive in Q1 of 2025, as traditionally every bull cycle’s bull cycle peak phase arrives in Q1 following a Bitcoin Halving year. However, during this bull cycle it seems that this pattern has broken and Q1 instead saw a brutal correction phase instead. Most analysts saw this as a good sign as the correction has brought about a healthy market once again.
The correction phase was seen as a much needed event to ensure a healthy market. Analysts believe Bitcoin’s fast and early pump this bull cycle meant that a correction phase was inevitable. Between January to April, the price of Bitcoin set a new ATH, then crashed repeatedly seeing trillions flow in and out of the crypto market until the market finally stabilized. Now with the correction phase at an end, Bitcoin is finally moving toward reclaiming its previous 6-digit prices.
Similarly, altcoins are also preparing for a serendipitous pump soon. Analysts are seeing multiple signs from several altcoin price charts pointing to a myriad of bullish signals. While some altcoins like ONDO, SUI, and FET have already set new ATH targets alongside Bitcoin earlier this bull cycle. Despite this, altcoins continue to show strong bullish indicators across their price charts.
Pump to Follow FLOKI’s Falling Wedge Pattern
https://twitter.com/JavonTM1/status/1917694689639293074
As we can see from the post above, FLOKI’s volume has broken out, and the analyst in the post expects FLOKI price to follow. He also notes that the breakout came after FLOKI’s price chart printed a major falling wedge pattern and expects a massive bull move soon. FLOKI, like SHIB and DOGE are some of the most bullish memecoin-inspired altcoins set to pump this altseason.
At the least, the analyst expects an additional pump of over 200%which could take the price of FLOKI to $0.00027. A price much higher than the present FLOKI price of $0.00008728 based on CoinMarketCap analytics. FLOKI price already pulled a 10x pump earlier this bull cycle, yet analysts are certain that FLOKI price will pump to new ATH prices.
