FLOKI USDT FLOKI Technical Analysis

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By Frans van Elst

FLOKI logo 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 May 15, 2024, FLOKI is trading at approximately 0.00023 USDT. Let’s dive into the detailed price action for FLOKI-USDT:

Ride the bullish wave in FLOKI (FLOKIUSDT) at 2.28e-04 USDT with technical analysis, showcasing strong support and positive indicators.

Metric Value
Open (O) 0.00019
High (H) 0.00023
Low (L) 0.00019
Close (C) 0.00023
Volume (C) 1,012,433,596,707.00
  • Open (O): The opening price for today’s trading session was approximately 0.00019 USDT.
  • High (H): FLOKI reached a daily high of around 0.00023 USDT.
  • Low (L): The daily low for FLOKI-USDT was approximately 0.00019 USDT.
  • Close (C): At the time of analysis, FLOKI is trading near its daily close of 0.00023 USDT.
Metric Value
1D Change (%) 20.76%
3D Change (%) 34.80%
7D Change (%) 34.10%
30D Change (%) 59.67%
90D Change (%) 574.59%
YTD Change (%) 553.16%

Over the past three days, FLOKIUSDT has increased by approximately 34.80%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 34.10%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FLOKIUSDT maintaining an upward trend of approximately 59.67%, despite intermittent fluctuations. Examining the last 90 days, FLOKIUSDT has witnessed substantial rise of approximately 574.59%, reflecting strong long-term confidence. Year-to-date, FLOKIUSDT has steadily appreciated by around 553.16%, 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 1.03142.
  • Momentum score is 0.23361.

FLOKI USDT Technical Analysis

FLOKI Trading Volume:

The trading volume for FLOKI (FLOKI) over the past 24 hours has been significant, with approximately 1,012,433,596,707.00 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 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 59.38296. 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.

Ride the bullish wave in FLOKI (FLOKIUSDT) at 2.28e-04 USDT with technical analysis, showcasing strong support and positive 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.

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