FLOKI

The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/floki-price-analysis-with-a-cool-off-in-breakdown-rally-will-floki-price-revamp-by-30/">FLOKI Price Analysis: With A Cool-Off In Breakdown Rally, Will FLOKI Price Revamp By 30%?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
Following the remarkable gains in early 2023, the FLOKI price maintains a downside trajectory and continues to break demand levels. Continuously losing its Yeat-to-date gain, the Floki Inu is at another demand belt with a reversal potential.&nbsp; 
Trading at a 95% discount from its all-time high of $0.0003437, FLOKI price action displays a sign of potential reversal.&nbsp; 
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Following the descending triangle breakdown, the FLOKI price transcends to even lower levels with a 23% drop. Finding a solid footing at $0.0000165, the breakdown rally settles into a sideways trend with lower high formations.&nbsp; 
The demand belt forming at $0.0000165 has been notable a bounce-back spot for Floki last month. Moreover, the lower price rejection in FLOKI teases a reversal rally to challenge the broken level of $0.000020. 
The daily RSI is still going up even though the FLOKI price is staying the same. Leading to a bullish divergence, it signals the meme coin price might go up soon. The MACD indicator is also showing a bullish crossover, which is another sign that the price might go up.&nbsp;&nbsp; 
Considering the FLOKI price action starts a new bull cycle, the reversal rally can pump the meme coin by 30% to $0.000020.&nbsp;&nbsp; 
On the flip side, a breakdown below $0.00001685 will plunge the FLOKI coin price to test the $0.000012 mark.&nbsp;

FLOKI Price Analysis: With A Cool-Off In Breakdown Rally, Will FLOKI Price Revamp By 30%?

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