#FLOKISKYROCKET
FLOKI Traders Eye October 22 for Possible Breakout Pattern
October 22 is a critical date when FLOKI historically breaks out from consolidation patterns.
FLOKI’s potential for major gains is often signaled around October 22 each year, based on past trends.
According to prominent crypto analyst Master Kenobi, FLOKI’s journey began on July 5, 2021, when the token saw a tremendous climb over 112 days, resulting in a staggering 92x ROI.
However, after this skyrocket surge, FLOKI experienced a bear market, with its price falling by 98.5% over 224 days and hitting bottom earlier than many other cryptocurrencies.
Kenobi underlines the possibility of this pattern continuing, noting that the next “magical” day, October 22nd, is only a few weeks away. If the pattern continues, FLOKI might go through another consolidation phase before a potential price increase.
Beside that, a prior report from CNF, which highlighted FLOKI’s confirmation of a big breakout, has supported this speculative potential. The meme coin might experience a 163% increase, which has sparked big investor interest.
The increasing institutional support and open interest in FLOKI suggest that the token may be primed for a rally in the near future.
Meanwhile, as of this writing, FLOKI is trading at $0.0001344, down 2.71% over the last 24 hours, with a daily trading volume of $136.91 million.