FLOKI

<ul><li>Trading at $0.0002076, FLOKI/USDT breaks out of the descending channel.</li><li>FLOKI outperforms the global crypto market, rising 15.34% this week.</li><li>With a market cap of $2.01B and a 24-hour trading volume of $289.85M.</li></ul>FLOKI/USDT has recently captured attention due to its significant price movements and technical patterns, as <a href="https://x.com/ZAYKCharts/status/1790026563674595456" rel="noopener noreferrer nofollow">reported</a> by Zayk Charts on the X platform. FLOKI, the native token of the Floki Inu project, is currently trading at <a href="https://www.coingecko.com/en/coins/floki" rel="noopener noreferrer nofollow">$0.0002076</a>, reflecting a dynamic period in its price action.It is important to note that despite a slight decline of -1.98% over the last 24 hours, FLOKI has seen a notable 15.34% increase over the past week. With a trading volume of $289,854,453.08 in the last 24 hours and a market capitalization of $2,011,235,967, FLOKI&#39;s performance is outperforming both the global crypto market.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/4582f54ec78e4c038944f364e6770fe8.png" />Since mid-March, FLOKI/USDT has been following a descending channel pattern characterized by lower highs and lower lows, confined within two downward-sloping trendlines. This period of consolidation came after a significant price surge from late January to mid-March 2024, where the pair peaked around $0.00004000. The descending channel suggested a corrective phase as the price gradually decreased, adhering to the channel&#39;s boundaries.<a href="https://cryptotale.org/floki-usdt-breaks-out-from-descending-channel-potentially-bullish/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

FLOKI/USDT Breaks Out from Descending Channel, Potentially Bullish?

CryptoTale

Other articles published on May 17, 2024

Binance Pushes For SHIB, USTC, AGIX Liquidity and Trading Boost

Grab Your MoonBag Presale Now: Your Ultimate Choice Over Litecoin and Toncoin

Hong Kong digital yuan pilot lacks P2P capabilities

Ripple Co-founder Larsen Praised for Visionary Leadership

Solana Price Analysis: Can SOL Maintain Bullish Momentum? Key Levels and Predictions

Why Is The Crypto Market Up Today?

Join our free newsletter for daily crypto updates!