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FLOKI

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<p>Crypto_Jobs TA &amp; FA provided an update on FLOKI, highlighting a bearish pattern and potential price shifts. In a detailed analysis, the analyst explained how they missed a rising wedge pattern, which contributed to the recent price movements. This update comes as FLOKI remains one of the hottest meme coins with potential and a comprehensive ecosystem.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24FLOKI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FLOKI</a> – update: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>We got trapped yesterday :/<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f621.png" alt="😡" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br> I didn't noticed this rising wedge (bearish) pattern otherwise I would have been more cautious! <a href="https://twitter.com/hashtag/FLOKI?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FLOKI</a> is one of the hottest <a href="https://twitter.com/hashtag/MEME?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#MEME</a> coins with still a tiny Mcap, a huge % of TVL and a delationary token economics! <br><br>It's… <a href="https://t.co/t7WaLJJEkF" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/t7WaLJJEkF</a></p>— <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9d9.png" alt="🧙" class="wp-smiley" style="height: 1em; max-height: 1em;"> Crypto_Jobs <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9d9-200d-2642-fe0f.png" alt="🧙‍♂️" class="wp-smiley" style="height: 1em; max-height: 1em;"> TA &amp; FA <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f3af.png" alt="🎯" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@CryptoJobs3) <a href="https://twitter.com/CryptoJobs3/status/1815745623204704695?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 23, 2024</a>
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<h2 class="wp-block-heading" id="strong-floki-price-analysis-strong"><strong>FLOKI Price Analysis</strong></h2>
<p>Crypto_Jobs TA &amp; FA expressed regret for not noticing the rising wedge pattern earlier. This could have prompted more caution in their approach. He identified this bearish pattern after the fact, which often indicates a potential price decline.</p>
<p>Moreover, he emphasized the importance of this technical pattern in understanding FLOKI’s recent price action. Despite this oversight, FLOKI’s overall prospects remain promising.</p>
<p>According to the update, FLOKI’s price found support on the Tenkan line on the daily chart. However, this support level is not considered strong, and there is a possibility of the price testing lower levels between $0.0001600 and $0.0001650 before potentially moving higher.&nbsp;</p>
<p>Crypto_Jobs TA &amp; FA’s analysis provides a cautious yet hopeful outlook for FLOKI’s price trajectory in the near term.</p>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/ethena-wakes-up-following-eth-etfs-heres-where-the-ena-price-is-headed-next/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Ethena “Wakes Up” Following ETH ETFs – Here’s Where the ENA Price is Headed Next</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-long-term-potential-of-floki-strong"><strong>Long-Term Potential of FLOKI</strong></h2>
<p>Despite the current bearish signal, the long-term prospects for FLOKI appear robust. Crypto_Jobs TA &amp; FA highlighted FLOKI’s unique position in the <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coin market, with a tiny market capitalization, key total value locked (TVL), and deflationary token economics.&nbsp;</p>
<p>Additionally, FLOKI’s ecosystem, which includes gaming and DeFi components, adds to its utility and potential for growth.</p>
<p>Crypto_Jobs TA &amp; FA also mentioned closing positions in another token, WIF, before a price dump, securing profits despite not informing their audience in time.&nbsp;</p>
<p>For FLOKI, the future looks promising, with the potential to achieve a tenfold increase again in the long term, according to Crypto_Jobs TA &amp; FA.</p>
<p>Overall, FLOKI’s recent price movements and the identified bearish pattern suggest caution in the short term, but the long-term potential remains strong.&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/this-floki-pattern-raises-caution-amid-bullish-price-prediction-will-the-meme-coin-soar-10x/" rel="noopener noreferrer nofollow">This FLOKI Pattern Raises Caution Amid Bullish Price Prediction: Will the Meme Coin Soar 10x?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This FLOKI Pattern Raises Caution Amid Bullish Price Prediction: Will the Meme Coin Soar 10x?

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