Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

July 30, 2025

Will ADA outperform Bitcoin? – Charles Hoskinson’s 100x prediction explained

July 30, 2025

First Look: Inside United’s Newest Denver Club

July 29, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Wednesday, July 30
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Crypto»Can FLOKI mirror BNB’s success? What these key levels suggest
Crypto

Can FLOKI mirror BNB’s success? What these key levels suggest

August 19, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

  • FLOKI has mirrored BNB’s structure and broken through the 200MA, although the RSI is currently oversold.
  • FLOKI is absorbing sell-side liquidity on the 4-hour chart, but trading volume remains stagnant.

FLOKI, a prominent memecoin, has been garnering significant interest from the crypto community due to its success on both the Ethereum [ETH] and Binance Coin [BNB] chains.

Following substantial gains in its previous bull run, FLOKI formed a double top pattern and entered a consolidation phase similar to BNB’s before its surge.

Currently, FLOKI is exhibiting a structure on the daily timeframe that resembles BNB, raising expectations for a potential replication of BNB’s past success.

Source: TradingView

Investors are closely monitoring FLOKI’s price action for a potential upward movement in anticipation of a bull run in Q4 of 2024.

Despite dipping below the 200-day exponential moving average, the RSI being in the oversold territory suggests the potential for a rally, presenting a buying opportunity for investors.

Analysts predict a parabolic move for FLOKI, with expectations of reaching a $10 billion market cap in the near future.

Based on date and price range analysis, a new all-time high for FLOKI is anticipated by January 2025, with another peak expected by mid-2025.

Source: TradingView

Sell-side Liquidity Acquisition as Volume Stagnates

On the 4-hour chart, FLOKI is tracing a descending trendline after tapping into sell-side liquidity from two consecutive equal lows.

The strategy for FLOKI is to break above this trendline and then buy on the retest, aligning with previous analyses that indicate an imminent upward move for FLOKI.

Source: TradingView

FLOKI’s trading volume has been stagnant at levels observed before its surge to a new all-time high in June.

This lack of movement indicates a potential buying opportunity for investors, as history may repeat itself with FLOKI reaching new highs.

Source: Coinglass


Realistic or not, here’s FLOKI’s market cap in BTC’s terms


An analysis of social volume, holder count, active addresses, network growth, and profit-to-loss ratio of daily on-chain transactions indicates a rising activity level for FLOKI memecoin.

The increasing trend in these combined metrics signals growing interest and engagement, suggesting potential growth for FLOKI.

Source: Santiment

Next: Worldcoin loses 81% in 5 months – When will WLD’s downtrend end?

following sentence: Please be quiet during the presentation.

BNBs FLOKI key levels mirror success suggest
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

July 30, 2025

Will ADA outperform Bitcoin? – Charles Hoskinson’s 100x prediction explained

July 30, 2025

Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle

July 29, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Byline Bancorp reported a net income of $29.7 million

July 27, 20240 Views

New listings slowdown shows lack of home seller stress in 2025

June 21, 20250 Views

“Substantially In Excess Of $50,000”: Hunter Biden’s Law Firm Sues Him Over Unpaid Legal Bills

June 25, 20250 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Crypto

Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

July 30, 20250
Crypto

Will ADA outperform Bitcoin? – Charles Hoskinson’s 100x prediction explained

July 30, 20250
Personal Finance

First Look: Inside United’s Newest Denver Club

July 29, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.