This year’s bull run has definitely been a bull run for altcoins, especially the MEME sector

FLOKI

The daily chart shows that FLOKI price has formed higher lows, indicating that buyers are actively accumulating on dips in an attempt to regain control of the market. These lows connect with the support trend, forming an ascending triangle pattern.

In theory, this chart setup indicates the building of bullish momentum, which is further strengthened by the breakout of the neckline resistance.

Yesterday, FLOKI price rose 16% and broke through the neckline resistance of $0.000202. This rally may be related to FLOKI’s listing on Revolut Business, Europe’s leading neo-bank and retail trading app with 40 million users in more than 150 countries.

This strategy aims to simplify the process of purchasing FLOKI for businesses across Europe, which may accelerate its adoption and realize the vision of becoming the world’s most well-known and widely used digital currency.

If the breakout continues, FLOKI coin price may rise to $0.00026 or even $0.000031.

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