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 December 05, 2023, FLOKI is trading at approximately 4e-05 USDT. Let’s dive into the detailed price action for FLOKI-USDT:
- Open (O): The opening price for today’s trading session was approximately 4e-05 USDT.
- High (H): FLOKI reached a daily high of around 5e-05 USDT.
- Low (L): The daily low for FLOKI-USDT was approximately 4e-05 USDT.
- Close (C): At the time of analysis, FLOKI is trading near its daily close of 4e-05 USDT.
|1D Change (%)||12.60%|
|3D Change (%)||23.95%|
|7D Change (%)||31.29%|
|30D Change (%)||35.44%|
|90D Change (%)||149.44%|
|YTD Change (%)||30.28%|
Over the past three days, FLOKIUSDT has increased by approximately 23.95%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 31.29%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FLOKIUSDT maintaining an upward trend of approximately 35.44%, despite intermittent fluctuations. Examining the last 90 days, FLOKIUSDT has witnessed substantial rise of approximately 149.44%, reflecting strong long-term confidence. Year-to-date, FLOKIUSDT has steadily increased by around 30.28%, 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 0.84387.
- Momentum score is 0.35436.
FLOKI USDT Technical Analysis
FLOKI Trading Volume:
The trading volume for FLOKI (FLOKI) over the past 24 hours has been significant, with approximately 1,479,462,914,674.00 USDT traded against FLOKI. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
- 50-day Simple Moving Average (SMA): FLOKI is currently trading above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): FLOKI is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for FLOKI-USDT is currently in the high zone, around 65.8831. This suggests that FLOKI is in bullish territory.
Analysis from TradingView:
Our Key Takeaways:
FLOKI (FLOKI-USDT) is currently exhibiting signs of short-term bullish 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 high RSI and significant trading volume are high signals for potential upward movement.
Consider bearish sentiment for FLOKI (FLOKIUSDT) at 4.21e-05 USDT with technical analysis, highlighting 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.