FLOKI Price Increase Prediction: Critical Zone to Watch – Pintu

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Jakarta, Pintu News – In the coming days, the FLOKI cryptocurrency is showing significant upside signals. After going through a period of consolidation, there are several price zones that market participants need to pay attention to. This analysis will dig deeper into FLOKI’s potential rally and the factors that support it.
FLOKI, which had been in decline since mid-December, is now showing signs of recovery. The price increase was driven by a significant increase in demand, as seen from the On-Balance Volume (OBV) indicator, which broke through the local peak formed in February and failed to be tested again in April. In addition, the Chaikin Money Flow (CMF) also showed values above +0.05, signaling strong capital flows into the market.
Also Read: Potential for XRP, Kaspa, and Solana in the Next Altcoin Cycle According to Analysts!
FLOKI showed the formation of a bullish order block at $0.0000695, which was the lower high formed in March. This area, highlighted in cyan, was successfully broken in April and almost retested as a demand zone. This breakout changed the market perception from bearish to bullish. With this bullish structure, FLOKI will likely eye the 61.8% Fibonacci retracement level of the November rally as the next bullish target.
The three-month liquidation heatmap shows an accumulation of liquidation levels around the $0.000107 area, which was the peak in February. This zone has managed to pull the price upwards. Meanwhile, the one-week liquidation heatmap shows liquidity clusters in the $0.0001 and $0.000092-$0.000095 areas that may be explored in the coming days. A drop to these levels is expected to trigger a bullish reaction from the market.
Although FLOKI is showing independence in its movement, it is still important to pay attention to the price movement of Bitcoin (BTC). The bearish trend of Bitcoin (BTC) could negatively impact FLOKI. Therefore, investors and traders should remain aware of Bitcoin (BTC) market dynamics when considering an investment in FLOKI.
Taking all these factors into account, FLOKI offers an attractive opportunity for investors and traders looking for potential profits in the short term. However, it is important to remain aware of external factors such as Bitcoin (BTC) market movements that can affect all crypto assets.
Also Read: New York Mayor Appoints Crypto Advisor After Corruption Case Dropped
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
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