FLOKI Leads Meme Coin Rally with 13% Surge, Surpassing DOGE, SHIB, and PEPE
- FLOKI gains 13%, leading the meme coin sector while DOGE and SHIB struggle.
- Bullish indicators support further gains if FLOKI holds key support.
- Profit-taking at resistance could trigger a pullback before another breakout.
FLOKI, the meme coin inspired by Dogecoin, posted a 13% price jump in the past 24 hours, making it the top performer among major meme coins. This rally outpaced Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), all of which had shown mixed movement in the same period.
FLOKI Breaks Out With Strong Momentum
Market data shows FLOKI climbed from $0.0001266 to $0.000145 before settling near $0.0001326, confirming a breakout from a prolonged downtrend. The surge came with higher trading volume, signaling strong bullish interest.
Technical indicators point to continued upside. The Bollinger Bands are widening, suggesting higher volatility, while the MACD histogram remains positive, reinforcing buying pressure. The MACD line crossed above the signal line, signaling steady demand.
The RSI at 55.85 indicates room for further gains, staying below overbought levels. Meanwhile, the 20 EMA moved above the 50 EMA, confirming a short-term uptren…
The post FLOKI Leads Meme Coin Rally with 13% Surge, Surpassing DOGE, SHIB, and PEPE appeared first on Coin Edition.
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FLOKI Leads Meme Coin Rally with 13% Surge, Surpassing DOGE, SHIB, and PEPE
- FLOKI gains 13%, leading the meme coin sector while DOGE and SHIB struggle.
- Bullish indicators support further gains if FLOKI holds key support.
- Profit-taking at resistance could trigger a pullback before another breakout.
FLOKI, the meme coin inspired by Dogecoin, posted a 13% price jump in the past 24 hours, making it the top performer among major meme coins. This rally outpaced Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), all of which had shown mixed movement in the same period.
FLOKI Breaks Out With Strong Momentum
Market data shows FLOKI climbed from $0.0001266 to $0.000145 before settling near $0.0001326, confirming a breakout from a prolonged downtrend. The surge came with higher trading volume, signaling strong bullish interest.
Technical indicators point to continued upside. The Bollinger Bands are widening, suggesting higher volatility, while the MACD histogram remains positive, reinforcing buying pressure. The MACD line crossed above the signal line, signaling steady demand.
The RSI at 55.85 indicates room for further gains, staying below overbought levels. Meanwhile, the 20 EMA moved above the 50 EMA, confirming a short-term uptren…
The post FLOKI Leads Meme Coin Rally with 13% Surge, Surpassing DOGE, SHIB, and PEPE appeared first on Coin Edition.
Read More
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