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End Of The Slump? Floki Eyes A 46% Price Surge — Analyst

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End Of The Slump? Floki Eyes A 46% Price Surge — Analyst - NewsBTC

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The technical pattern is bearish and shows steady selling interest, which has generally kept prices low, but ZAYK has begun to feel the breakout is near.$FLOKI When a breakout happens, we anticipate Massive Bullish wave📈#FLOKI #FLOKIUSDT #Crypto pic.twitter.com/PaLd0rmY1l — ZAYK Charts (@ZAYKCharts) August 19, 2024 In the event that Floki can shatter the resistance zone that has been keeping pressure on its value, it is likely to start a massive bull cycle, which could easily drive the asset’s price by over 46% from its current value, the analyst said.

They are now speculating on a possible price surge, with some predicting a remarkable 165% growth over the next year.Floki Breakout Looms? “Floki’s price action has received strong support from a descending trend line,” said ZAYK Charts, a popular crypto analyst.

Volatility Indicator Suggests A Likely Change The recent price activity of Floki didn’t go unnoticed by traders.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 18:30:52 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 72 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 22185740

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 3 posts per day

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News Last Updated: 12 hours ago

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