In this FLOKI technical analysis, we will examine the current price action, trading volume, key levels and indicators for FLOKI-USDT. FLOKI is a decentralized cryptocurrency that utilizes a proof-of-stake consensus algorithm to secure its network and validate transactions. It features fast transaction times and low fees, making it an attractive option for those looking for a reliable and efficient digital asset. Additionally, FLOKI’s unique governance model allows holders of the cryptocurrency to have a say in the direction of the project, ensuring that the needs of the community are always at the forefront of development.
FLOKI Price Overview:
As of April 30, 2024, FLOKI is trading at approximately 0.00015 USDT. Let’s dive into the detailed price action for FLOKI-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.00017 |
| High (H) | 0.00017 |
| Low (L) | 0.00015 |
| Close (C) | 0.00015 |
| Volume (C) | 207,928,739,374.00 |
- Open (O): The opening price for today’s trading session was approximately 0.00017 USDT.
- High (H): FLOKI reached a daily high of around 0.00017 USDT.
- Low (L): The daily low for FLOKI-USDT was approximately 0.00015 USDT.
- Close (C): At the time of analysis, FLOKI is trading near its daily close of 0.00015 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -9.25% |
| 3D Change (%) | -10.94% |
| 7D Change (%) | -20.34% |
| 30D Change (%) | -37.88% |
| 90D Change (%) | 459.29% |
| YTD Change (%) | 341.03% |
Over the past three days, FLOKIUSDT has decreased by approximately -10.94%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -20.34%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FLOKIUSDT maintaining a downward trend of approximately -37.88%, despite intermittent fluctuations. Examining the last 90 days, FLOKIUSDT has witnessed substantial rise of approximately 459.29%, reflecting strong long-term confidence. Year-to-date, FLOKIUSDT has steadily increased by around 341.03%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
FLOKI Live Chart:
You can access a live price chart for FLOKI-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 1.33035.
- Momentum score is -0.22391.
FLOKI USDT Technical Analysis
FLOKI Trading Volume:
The trading volume for FLOKI (FLOKI) over the past 24 hours has been insignificant, with approximately 207,928,739,374.00 USDT traded against FLOKI. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): FLOKI is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): FLOKI is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for FLOKI-USDT is currently in the neutral zone, around 47.83365. This suggests that FLOKI is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
FLOKI (FLOKI-USDT) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.
Delve into potential challenges for FLOKI (FLOKIUSDT) at 1.54e-04 USDT, guided by bearish technical analysis emphasizing weakened support and cautionary indicators.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.