bullish

Rally

Bitcoin

FLOKI

LunarCrush

<ul> 
 <li>FLOKI spiked by 0.53% in the last 24 hours, trading at $0.0001562.</li> 
 <li>The meme coin maintains the neutral sentiment in the market.</li> 
</ul> 
The dog-themed meme coin, FLOKI, is struggling to regain its lost strength, over the past 24 hours, the meme coin has briefly recovered by 0.53%. The meme coin market displays mixed signals of the bull-bear feud.&nbsp; 
FLOKI showcased a bullish sentiment as the day opened, climbing from the low of $0.0001517 to the high of $0.0001587. At the time of writing, FLOKI traded at $0.0001562 with a market cap of $1.49 billion. Despite the spike in the meme coin’s price, the daily trading volume has declined by around 20.50% to $480 million, as per CMC <a href="https://coinmarketcap.com/currencies/floki-inu/" target="_blank" rel="noreferrer noopener nofollow">data</a>.&nbsp; 
On the other hand, a Social Intelligence Company, LunarCrush <a href="https://x.com/LunarCrush/status/1828993244589670437" target="_blank" rel="noreferrer noopener nofollow">stated</a> that the meme coin, FLOKI was stealing the spotlight this week, with its social dominance surging to 1.55%, nearly doubling the weekly average of 0.85%.&nbsp; 
<h3 class="wp-block-heading" id="h-floki-s-brief-bullish-rally">FLOKI’s Brief Bullish Rally</h3> 
Zooming in the monthly price chart, FLOKI was considerably down by over 12%, which started trading at $0.0001735 and dived to the low of $0.000101. Over the past week, the meme coin has recovered from the monthly dip, noting an increase of 12.80%, which hit a weekly high of $0.0001601.&nbsp; 
Floki’s one-day price chart reveals an optimistic outlook. If the meme coin maintains its upside momentum, the meme coin could target the initial resistance at $0.00016854. Whereas, if the bears sustain, the price might retrace to $0.00014005.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcE7_1DFvkIWa4rSjwAGcXFQoVCyGcDWUGc_ToDgH5yPYc8g-6p3V1JA2JsAf2ixvUGSAGu1NJPW91ZAtI5hw7yl8nCea_ApbmmibU2EK2nGG4XW4jZsIUFHTiS8QqZH3AF9A_JewZL4jqcpxH_VnLTQoGN?key=HS7TXzI9VGtz2dbvLqT2wA" alt="">
</figure> 
Examining the technical indicators, FLOKI displays the short-term 9-day Moving Average at $0.00014719 and the long-term 21-day MA at $0.00013155. Whereas, FLOKI’s daily Relative Strength Index (RSI) stands at 60.85, suggesting a neutral market sentiment. 
Highlighted Crypto News&nbsp; 
<a href="https://thenewscrypto.com/is-whale-activity-driving-bitcoin-bearish-trend/" target="_blank" rel="noreferrer noopener">Is Whale Activity Driving Bitcoin Bearish Trend?</a>

Can FLOKI Hold on to its Recent Price Surge?

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