FLOKI forms a bullish higher-low pattern with strong support near $0.000014 and rising momentum.
Exchange reserves drop as whale wallets grow, signaling ongoing accumulation and long-term holding.
With 551K+ holders and rising volume, traders eye an 18X move if EMA50 trend is reclaimed.
Floki (FLOKI) is showing renewed strength as technical structure and on-chain behavior point toward a possible breakout. The meme-inspired asset is currently trading at $0.00006994, maintaining its recent gains. After a period of consolidation, analysts are now monitoring key levels that could trigger the next upward phase.
Technical Formation Aligns With Breakout Structure
FLOKI has built a higher-low structure after pulling back from previous highs. This structure, combined with volume compression, suggests potential upward momentum. The asset has repeatedly bounced from the $0.000014 range and continues to trade above support. Price movements have formed an ascending triangle, a formation often linked with trend continuation.
https://twitter.com/CryptooELITES/status/1938239829029908846
According to Crypto Elites, FLOKI has a target of 18X, stating that the dips have been bought. The statement reflects growing confidence among market participants. Over the past 24 hours, FLOKI showed intraday gains and closed the session above $0.000069, supporting ongoing bullish activity.
Poseidon stated that there is a high chance the bottom has been marked and noted that if FLOKI reclaims the EMA50 trend, it could enter the green zone. The market capitalization is currently $673.18 million, with trading volume at $55.31 million. The circulating supply stands at 9.62 trillion out of a total of 9.66 trillion tokens.
On-Chain Accumulation and Community Metrics Show Growth
Wallets holding between 1 billion and 10 billion FLOKI grew by 7% over the past month. At the same time, exchange reserves fell, suggesting that more tokens are moving off exchanges into long-term holdings. Floki’s community base also continues to expand.
The number of holders is at 551,940, indicating sustained user growth. Meanwhile, ecosystem development and new partnerships have contributed to long-term project visibility. Based on previous cycles and current structure, traders see potential for FLOKI to target an 18X move in the coming sessions.
The post FLOKI Maintains $0.000069 Support as “Dips Have Been Bought” – Here’s Why Traders See 18X Potential appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
