Floki Inu Faces Decline Amidst Market Uncertainty

Floki Inu (FLOKI) has experienced a notable decline, dropping by 3.55% against the US Dollar in the last 24 hours. The cryptocurrency also fell by 2.84% against Bitcoin (BTC) and 2.22% against Ethereum (ETH). Currently trading at $0.000138, FLOKI is 21.67% below its predicted price for October 13, 2024.

Despite a 703.16% increase over the past year, the medium-term trend remains bearish, with a 10.18% drop in the last three months. The overall market sentiment is neutral, as indicated by the Fear & Greed index at 49. However, the recent performance suggests a cautious outlook for investors.

Key support levels to watch are $0.000134, $0.000132, and $0.000126, while resistance levels stand at $0.000143, $0.000149, and $0.000152. Given the high volatility and mixed technical indicators, the market outlook for Floki Inu remains uncertain.