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#Floki is the best meme coin and its a good project. Now the best time to buy it and you will be joy
Cryptocurrency Rebound: Floki- IOTA- Quant Expectations
Cryptocurrency prices saw ongoing rebound this week, with standout performers like Floki, IOTA, and Quant. Here’s what to anticipate in the coming weeks.
Global stocks surged on Wednesday following robust quarterly results from companies such as Tesla and Visa. In Europe, major indices like the German DAX, FTSE 100, CAC 40, and Euro Stoxx 50 hit record highs.
Global Markets Rally as Cryptocurrencies Surge
In the United States, key indices like the Russell 2000, Nasdaq 100, and S&P 500 continued their upward trajectory, buoyed by strong quarterly results from companies like Tesla and Visa. Meanwhile, the US dollar index (DXY) showed signs of stabilization after retreating from its recent peak earlier in the month.
In the cryptocurrency realm, prices surged across the board. Hedera Hashgraph (HBAR) token experienced a remarkable 70% surge on Wednesday, fueled by news of a partnership with Blackrock, the world’s largest asset manager. Additionally, other cryptocurrencies such as Floki, IOTA, Cardano, and Quant (QNT) continued their recovery, adding to the positive sentiment in the market.
Assessing IOTA’s Price Movement and Network Performance
IOTA’s price journey has been tumultuous, with the token reaching a peak of $0.4205 earlier this year before plummeting to a low of $0.1928 this month, marking a significant 54% decline from its yearly high. Notably, it bottomed out near the 78.6% Fibonacci Retracement level.
During this downward spiral, the token breached both the 50-day and 200-day Exponential Moving Averages (EMA). However, in its recent rebound, it has managed to retest the 200-day EMA indicator and surpass the 68.2% Fibonacci Retracement point, with the Relative Vigor Index (RVI) showing an upward trend.
Despite these positive indicators, there are concerns about IOTA’s future trajectory. The token may face further downside pressure unless it breaks above the crucial resistance posed by the 200-day and 50-day moving averages. Should this occur, investors will closely monitor the $0.200 mark, representing this month’s low, as a key level of interest.
Additionally, beyond price considerations, IOTA grapples with challenges in its network performance. The ShimmerEVM platform has encountered limited inflows and a lack of developer interest, posing significant hurdles for the token’s ecosystem development and adoption.
IOTA chart by TradingView
Assessing Floki Inu’s Price Recovery and Future Potential
Floki Inu’s recent price action reflects a robust recovery, notably bouncing back from its low of $0.00011 earlier this month, a crucial level coinciding with the first support of the Woodie pivot point. Over the past seven consecutive days, the token has demonstrated a remarkable rally, reaching its highest level since April 10th of this year.
Throughout this upward momentum, Floki Inu has consistently traded above both the 100-day and 50-day Exponential Moving Averages (EMA), indicating sustained bullish sentiment. Moreover, positive signals are evident as the bull and bear power indicator has surpassed the neutral point, signifying strength in buying pressure. Additionally, both the Relative Vigor Index (RVI) and the Relative Strength Index (RSI) have exhibited upward trends, further supporting the bullish outlook.
Looking ahead, the trajectory for the FLOKI token appears optimistic, with the next significant level of interest being the Woodie pivot point at $0.00021. A successful breach of this level would likely pave the way for further gains, with buyers aiming for the psychological milestone at $0.00025.
Floki Inu chart by TradingView
Analyzing Cardano’s Price Movement and Future Outlook
Cardano’s recent price action reflects a notable recovery, rebounding from its low of $0.40 earlier this month to surpass $0.50. This uptrend has seen the token surpass a critical resistance level at $0.45, a point not seen since January 23rd.
Currently, Cardano is approaching the first support of the Woodie pivot point at $0.530, signaling potential further upside. Positive indications are observed through the upward trends of the Relative Vigor Index (RVI) and the Bull and Bear Index, suggesting favorable market sentiment.
However, a bearish signal emerges as the 50-day and 100-day Exponential Moving Averages (EMA) form a crossover. This occurrence hints at the possibility of a resumption of the bearish trend, with bears eyeing the key support level at $0.40 in the near term.
To invalidate the bearish outlook, Cardano’s price would need to breach the first support at $0.53. Until then, the likelihood of a continued downward trajectory remains, with $0.40 serving as a critical level to watch for potential further downside movement.
ADA chart by TradingView
Analyzing the Rebound of Quant (QNT) Token Price
The Quant (QNT) token has experienced a notable rebound following the formation of a hammer pattern on April 13th, a bullish sign often indicating a potential upward movement in the market. Moreover, the token has successfully surged above the first support of the Woodie pivot point, further supporting its bullish momentum.
Currently, Quant has revisited a crucial resistance level at $114, marking its highest swing since June 2023. Additionally, it has retested both the 50-day and 100-day moving averages, showcasing a strong upward trajectory. Positive indications are further highlighted by the upward trends observed in the Relative Strength Index (RSI) and the RVI indicators.
QNT chart by TradingView
Given these factors, the outlook for the QNT token price remains bullish, fueled by the ongoing trend of tokenization. Should this trend persist, investors may look towards the Woodie pivot point at $130 as the next significant level to monitor for potential price movements.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Altcoin #Bitcoin #CryptoNews #Floki #Iota $IOTA $FLOKI
Global stocks surged on Wednesday following robust quarterly results from companies such as Tesla and Visa. In Europe, major indices like the German DAX, FTSE 100, CAC 40, and Euro Stoxx 50 hit record highs.
Global Markets Rally as Cryptocurrencies Surge
In the United States, key indices like the Russell 2000, Nasdaq 100, and S&P 500 continued their upward trajectory, buoyed by strong quarterly results from companies like Tesla and Visa. Meanwhile, the US dollar index (DXY) showed signs of stabilization after retreating from its recent peak earlier in the month.
In the cryptocurrency realm, prices surged across the board. Hedera Hashgraph (HBAR) token experienced a remarkable 70% surge on Wednesday, fueled by news of a partnership with Blackrock, the world’s largest asset manager. Additionally, other cryptocurrencies such as Floki, IOTA, Cardano, and Quant (QNT) continued their recovery, adding to the positive sentiment in the market.
Assessing IOTA’s Price Movement and Network Performance
IOTA’s price journey has been tumultuous, with the token reaching a peak of $0.4205 earlier this year before plummeting to a low of $0.1928 this month, marking a significant 54% decline from its yearly high. Notably, it bottomed out near the 78.6% Fibonacci Retracement level.
During this downward spiral, the token breached both the 50-day and 200-day Exponential Moving Averages (EMA). However, in its recent rebound, it has managed to retest the 200-day EMA indicator and surpass the 68.2% Fibonacci Retracement point, with the Relative Vigor Index (RVI) showing an upward trend.
Despite these positive indicators, there are concerns about IOTA’s future trajectory. The token may face further downside pressure unless it breaks above the crucial resistance posed by the 200-day and 50-day moving averages. Should this occur, investors will closely monitor the $0.200 mark, representing this month’s low, as a key level of interest.
Additionally, beyond price considerations, IOTA grapples with challenges in its network performance. The ShimmerEVM platform has encountered limited inflows and a lack of developer interest, posing significant hurdles for the token’s ecosystem development and adoption.
IOTA chart by TradingView
Assessing Floki Inu’s Price Recovery and Future Potential
Floki Inu’s recent price action reflects a robust recovery, notably bouncing back from its low of $0.00011 earlier this month, a crucial level coinciding with the first support of the Woodie pivot point. Over the past seven consecutive days, the token has demonstrated a remarkable rally, reaching its highest level since April 10th of this year.
Throughout this upward momentum, Floki Inu has consistently traded above both the 100-day and 50-day Exponential Moving Averages (EMA), indicating sustained bullish sentiment. Moreover, positive signals are evident as the bull and bear power indicator has surpassed the neutral point, signifying strength in buying pressure. Additionally, both the Relative Vigor Index (RVI) and the Relative Strength Index (RSI) have exhibited upward trends, further supporting the bullish outlook.
Looking ahead, the trajectory for the FLOKI token appears optimistic, with the next significant level of interest being the Woodie pivot point at $0.00021. A successful breach of this level would likely pave the way for further gains, with buyers aiming for the psychological milestone at $0.00025.
Floki Inu chart by TradingView
Analyzing Cardano’s Price Movement and Future Outlook
Cardano’s recent price action reflects a notable recovery, rebounding from its low of $0.40 earlier this month to surpass $0.50. This uptrend has seen the token surpass a critical resistance level at $0.45, a point not seen since January 23rd.
Currently, Cardano is approaching the first support of the Woodie pivot point at $0.530, signaling potential further upside. Positive indications are observed through the upward trends of the Relative Vigor Index (RVI) and the Bull and Bear Index, suggesting favorable market sentiment.
However, a bearish signal emerges as the 50-day and 100-day Exponential Moving Averages (EMA) form a crossover. This occurrence hints at the possibility of a resumption of the bearish trend, with bears eyeing the key support level at $0.40 in the near term.
To invalidate the bearish outlook, Cardano’s price would need to breach the first support at $0.53. Until then, the likelihood of a continued downward trajectory remains, with $0.40 serving as a critical level to watch for potential further downside movement.
ADA chart by TradingView
Analyzing the Rebound of Quant (QNT) Token Price
The Quant (QNT) token has experienced a notable rebound following the formation of a hammer pattern on April 13th, a bullish sign often indicating a potential upward movement in the market. Moreover, the token has successfully surged above the first support of the Woodie pivot point, further supporting its bullish momentum.
Currently, Quant has revisited a crucial resistance level at $114, marking its highest swing since June 2023. Additionally, it has retested both the 50-day and 100-day moving averages, showcasing a strong upward trajectory. Positive indications are further highlighted by the upward trends observed in the Relative Strength Index (RSI) and the RVI indicators.
QNT chart by TradingView
Given these factors, the outlook for the QNT token price remains bullish, fueled by the ongoing trend of tokenization. Should this trend persist, investors may look towards the Woodie pivot point at $130 as the next significant level to monitor for potential price movements.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Altcoin #Bitcoin #CryptoNews #Floki #Iota $IOTA $FLOKI
Spot Day Trade
Buy #Floki
Buying price (CMP)
Current Price
0.20
selling Target 🎯
0.23
0.25
0.30
0.35
#Memecoins #bitcoinhalving #BullorBear #Megadrop
Buy #Floki
Buying price (CMP)
Current Price
0.20
selling Target 🎯
0.23
0.25
0.30
0.35
#Memecoins #bitcoinhalving #BullorBear #Megadrop
Floki Coin's Price Surge Signals Strong Market Optimism.
Floki, a meme-inspired cryptocurrency, recently experienced a significant price increase, capturing the attention of investors and traders worldwide. The price of Floki soared nearly 15% in a single day, instigating a wave of optimism across the cryptocurrency market. This uptick is supported by a blend of positive market metrics and investor enthusiasm, contributing to a robust bullish sentiment for the meme coin.
Analyst Forecasts Significant Upswing for Floki.
Cryptocurrency expert, Captain Faibik, shared insights into Floki's market dynamics on social media platform X, predicting a potential two to threefold increase in its value. He pointed out a bullish flag formation in Floki's daily price chart, suggesting a strong continuation of the upward trend. This forecast has further fueled the positive outlook on Floki, aligning with the recent price actions observed in the market.
Following this prediction, Floki's price surged to $0.000196, marking a 15.74% increase over the last 24 hours. The coin also registered a daily low and high of $0.000168 and $0.0002052 respectively, indicating significant market activity and trader interest.
Derivatives Market Shows Increased Investor Interest.
The derivatives market for Floki also shows promising activity, with a notable rise in open interest, which signifies growing investor engagement and confidence in the coin's future prospects. This increase in derivative volumes aligns with the heightened buying pressures and reduced selling, potentially setting the stage for the realization of Captain Faibik's bullish predictions.
Points to Consider.
• Floki's price could potentially multiply, backed by strong chart formations and expert predictions.
• The increase in open interest in derivatives suggests a robust investor confidence and market participation.
• Continued buying pressure might lead to sustained price increases, aligning with positive market sentiments.
#Floki #bitcoinhalving #Memecoins #Bullish2025 #FlokiRoadmap2024 $FLOKI
Floki, a meme-inspired cryptocurrency, recently experienced a significant price increase, capturing the attention of investors and traders worldwide. The price of Floki soared nearly 15% in a single day, instigating a wave of optimism across the cryptocurrency market. This uptick is supported by a blend of positive market metrics and investor enthusiasm, contributing to a robust bullish sentiment for the meme coin.
Analyst Forecasts Significant Upswing for Floki.
Cryptocurrency expert, Captain Faibik, shared insights into Floki's market dynamics on social media platform X, predicting a potential two to threefold increase in its value. He pointed out a bullish flag formation in Floki's daily price chart, suggesting a strong continuation of the upward trend. This forecast has further fueled the positive outlook on Floki, aligning with the recent price actions observed in the market.
Following this prediction, Floki's price surged to $0.000196, marking a 15.74% increase over the last 24 hours. The coin also registered a daily low and high of $0.000168 and $0.0002052 respectively, indicating significant market activity and trader interest.
Derivatives Market Shows Increased Investor Interest.
The derivatives market for Floki also shows promising activity, with a notable rise in open interest, which signifies growing investor engagement and confidence in the coin's future prospects. This increase in derivative volumes aligns with the heightened buying pressures and reduced selling, potentially setting the stage for the realization of Captain Faibik's bullish predictions.
Points to Consider.
• Floki's price could potentially multiply, backed by strong chart formations and expert predictions.
• The increase in open interest in derivatives suggests a robust investor confidence and market participation.
• Continued buying pressure might lead to sustained price increases, aligning with positive market sentiments.
#Floki #bitcoinhalving #Memecoins #Bullish2025 #FlokiRoadmap2024 $FLOKI
Cryptocurrency Rebound: Floki- IOTA- Quant Expectations
READ HERE : https://www.binance.com/en/square/post/7202027435985
#Altcoin #Bitcoin #CryptoNews #Floki #Iota $IOTA $FLOKI
READ HERE : https://www.binance.com/en/square/post/7202027435985
#Altcoin #Bitcoin #CryptoNews #Floki #Iota $IOTA $FLOKI
Muslim Views about future trading..
Future trading is prohibited in Islam for the following reasons ¹ ² ³:
- *Gharar*: Futures contracts allow individuals to buy goods that do not exist when signing a contract. It is against Islamic law, which specifies that goods must exist at the time of the actual agreement.
- *Short-selling*: Futures contracts allow traders to sell goods they do not own. Islamic law demands that a seller must have ownership of the object at the time of the contract.
- *No physical delivery*: Futures contracts allow buyers to resell goods or set contract obligations before actual delivery. Islamic law requires physical delivery of the object before resale or settlement.
- *Riba*: Some futures contracts involve dealing in bonds, which is considered riba (usury) and is prohibited in Islam.
- *Uncertainty*: Futures contracts often involve uncertainty, as the object of the contract may not exist or may not be delivered. Islamic law prohibits contracts with excessive uncertainty.
- *No hand-to-hand exchange*: Some futures contracts do not involve a hand-to-hand exchange, which is required in Islamic law for a transaction to be permissible.
- *Dealing in debt*: Futures contracts often involve dealing in debt, which is not allowed in Islam.
- *Cash settlement*: Many futures contracts are cash-settled, which means that the contract is settled in cash rather than by delivering the underlying asset. This is not permissible in Islam.
Comment yours point of view kindly ⬇️
#Btc #Bnb #PEPE #Floki
Future trading is prohibited in Islam for the following reasons ¹ ² ³:
- *Gharar*: Futures contracts allow individuals to buy goods that do not exist when signing a contract. It is against Islamic law, which specifies that goods must exist at the time of the actual agreement.
- *Short-selling*: Futures contracts allow traders to sell goods they do not own. Islamic law demands that a seller must have ownership of the object at the time of the contract.
- *No physical delivery*: Futures contracts allow buyers to resell goods or set contract obligations before actual delivery. Islamic law requires physical delivery of the object before resale or settlement.
- *Riba*: Some futures contracts involve dealing in bonds, which is considered riba (usury) and is prohibited in Islam.
- *Uncertainty*: Futures contracts often involve uncertainty, as the object of the contract may not exist or may not be delivered. Islamic law prohibits contracts with excessive uncertainty.
- *No hand-to-hand exchange*: Some futures contracts do not involve a hand-to-hand exchange, which is required in Islamic law for a transaction to be permissible.
- *Dealing in debt*: Futures contracts often involve dealing in debt, which is not allowed in Islam.
- *Cash settlement*: Many futures contracts are cash-settled, which means that the contract is settled in cash rather than by delivering the underlying asset. This is not permissible in Islam.
Comment yours point of view kindly ⬇️
#Btc #Bnb #PEPE #Floki
In my last post, i wrote about five tokens to buy now for big cash I mentioned PePe and Floki and for the past four days these coins had been appreciating rapidly. I will still advise you to buy the tokens now because it is not too late.
#Pepe #Bonk #Floki #Shiba
I am a Crypto Analyst
#bitcoinhalving
#Pepe #Bonk #Floki #Shiba
I am a Crypto Analyst
#bitcoinhalving
Will #BOME reach 1 cent ?
totally supply is small in comparison with hundreds trillions from #Floki and #bonk
$BOME
With a market cap of $519.9 million, $BOME emerges as a promising contender. Its unique features and utility within the ecosystem make it an attractive option for investors seeking substantial gains.
totally supply is small in comparison with hundreds trillions from #Floki and #bonk
$BOME
With a market cap of $519.9 million, $BOME emerges as a promising contender. Its unique features and utility within the ecosystem make it an attractive option for investors seeking substantial gains.
Will #BOME reach 1 cent ?
totally supply is small in comparison with hundreds trillions from #Floki and #bonk
$BOME
With a market cap of $519.9 million, $BOME emerges as a promising contender. Its unique features and utility within the ecosystem make it an attractive option for investors seeking substantial gains.
totally supply is small in comparison with hundreds trillions from #Floki and #bonk
$BOME
With a market cap of $519.9 million, $BOME emerges as a promising contender. Its unique features and utility within the ecosystem make it an attractive option for investors seeking substantial gains.
Since Doge Day, #Floki and other meme currencies have been seeing a rally
More than 40 million Revolut users now have easy access to the meme currency, according to Floki's team's announcement on X.
Before merging with Binance Pay, Floki formed a number of key alliances.
Since Doge Day, Floki and other meme currencies have been seeing a rally.
Revolut, a well-known neobank and Fintech platform, will list the meme currency Floki (FLOKI), as revealed Monday by the Floki team in an X post. Floki has the potential to soar much higher after forming strategic alliances to increase retail use.
Meme tokens saw historic increases due to the Bitcoin halving and Doge Day.
Floki had a fantastic weekend, rising more than 25% like many other joke currencies. It comes after Saturday's Doge Day festivities and the fourth Bitcoin halving, both of which were well-attended. A combination of the Bitcoin halving and Doge Day, an occasion selected by the Doge community to honor Dogecoin, led to a broad increase in meme tokens.
Floki, along with Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), and Book of Meme (BOME), had remarkable growth, although Dogecoin did not have much of an impact.
Even with the recent increase, Floki's listing on the popular neobank platform Revolut bodes well for its future development. Because of the change, Floki is now accessible to over 40 million users in 150 countries. As a result of this development, ordinary people could buy Floki using fiat currencies including the US dollar, the euro, and the British pound.
This continues Floki's growth strategy, which began in March when it was named the official cryptocurrency partner of the South Korean World Table Tennis Championships. For businesses using Binance Pay, Floki is now an additional payment option.
There may be a return to the meme coin mania, as seen by the recent increase in Floki and other meme tokens. Right now, Floki is up 2.4% on the market, trading at about $0.00001758.
#Memecoins #FLOKI $FLOKI #SHIB
More than 40 million Revolut users now have easy access to the meme currency, according to Floki's team's announcement on X.
Before merging with Binance Pay, Floki formed a number of key alliances.
Since Doge Day, Floki and other meme currencies have been seeing a rally.
Revolut, a well-known neobank and Fintech platform, will list the meme currency Floki (FLOKI), as revealed Monday by the Floki team in an X post. Floki has the potential to soar much higher after forming strategic alliances to increase retail use.
Meme tokens saw historic increases due to the Bitcoin halving and Doge Day.
Floki had a fantastic weekend, rising more than 25% like many other joke currencies. It comes after Saturday's Doge Day festivities and the fourth Bitcoin halving, both of which were well-attended. A combination of the Bitcoin halving and Doge Day, an occasion selected by the Doge community to honor Dogecoin, led to a broad increase in meme tokens.
Floki, along with Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), and Book of Meme (BOME), had remarkable growth, although Dogecoin did not have much of an impact.
Even with the recent increase, Floki's listing on the popular neobank platform Revolut bodes well for its future development. Because of the change, Floki is now accessible to over 40 million users in 150 countries. As a result of this development, ordinary people could buy Floki using fiat currencies including the US dollar, the euro, and the British pound.
This continues Floki's growth strategy, which began in March when it was named the official cryptocurrency partner of the South Korean World Table Tennis Championships. For businesses using Binance Pay, Floki is now an additional payment option.
There may be a return to the meme coin mania, as seen by the recent increase in Floki and other meme tokens. Right now, Floki is up 2.4% on the market, trading at about $0.00001758.
#Memecoins #FLOKI $FLOKI #SHIB
💲Here are Top 5 Altcoins Under $0.1 to Buy
🔥 Are you ready for the next big crypto bull run? Check out these leading altcoins below $0.1 that are worth exploring as the market gears up for a potential surge following the recent Bitcoin halving! 🌟
🐕 Shiba Inu (SHIB)
Despite a recent dip, SHIB is proving its resilience with a 12.37% rally in the last 24 hours! Don't miss out on this buying opportunity after a staggering 884,400% growth in the 2021 bull run! Price: $0.0000266.
🐶 FLOKI
With a 13.28% gain over the past day, FLOKI is showing signs of recovery after coming close to reclaiming its 2021 all-time high. Price: $0.0001694.
🔗 VeChain (VET)
Standing strong amid market volatility, VET has maintained positive gains across its daily, weekly, monthly, and yearly trajectories. Analysts predict a bullish trajectory with a potential price target of $2.3! Price: $0.04199.
💥 BONK and PEPE
Despite recent turbulence, BONK and PEPE have showcased massive gains in the crypto community, trading for less than a penny! Don't overlook these hidden gems! PEPE: $0.000005693, BONK: $0.00002038.
Get ready to ride the wave of the next crypto boom! 🌊💸
#SHIBA🔥 #PEPEPotential #Floki #Bonk #BOME🔥🔥🔥 🚀📈
🔥 Are you ready for the next big crypto bull run? Check out these leading altcoins below $0.1 that are worth exploring as the market gears up for a potential surge following the recent Bitcoin halving! 🌟
🐕 Shiba Inu (SHIB)
Despite a recent dip, SHIB is proving its resilience with a 12.37% rally in the last 24 hours! Don't miss out on this buying opportunity after a staggering 884,400% growth in the 2021 bull run! Price: $0.0000266.
🐶 FLOKI
With a 13.28% gain over the past day, FLOKI is showing signs of recovery after coming close to reclaiming its 2021 all-time high. Price: $0.0001694.
🔗 VeChain (VET)
Standing strong amid market volatility, VET has maintained positive gains across its daily, weekly, monthly, and yearly trajectories. Analysts predict a bullish trajectory with a potential price target of $2.3! Price: $0.04199.
💥 BONK and PEPE
Despite recent turbulence, BONK and PEPE have showcased massive gains in the crypto community, trading for less than a penny! Don't overlook these hidden gems! PEPE: $0.000005693, BONK: $0.00002038.
Get ready to ride the wave of the next crypto boom! 🌊💸
#SHIBA🔥 #PEPEPotential #Floki #Bonk #BOME🔥🔥🔥 🚀📈
BONK and FLOKI Surge – 40% and 20% in 24 Hours
Amid shifting market conditions, meme coins capitalized on the opportunity to boost their values. BONK took the spotlight with an impressive 40% surge, while FLOKI also experienced significant growth.
These gains coincided with increased social media activity surrounding BONK, indicating heightened interest in the meme coin sector.
BONK Rockets 40% After Bitcoin’s Fourth Halving
In the wake of Bitcoin’s fourth halving, the cryptocurrency market experienced a surge, with BONK emerging as one of the top gainers, witnessing a remarkable 40% increase in its value within just 24 hours. As per CoinMarketCap data, BONK was trading at $0.00002145, boasting a market capitalization exceeding $1.4 billion.
The surge in BONK’s trading volume, soaring by over 200%, laid a strong foundation for the bullish trend. Moreover, the meme coin garnered significant attention across the crypto community, reflected in the spike in its Social Volume. According to Santiment’s data, BONK’s Weighted Sentiment also showed improvement, signaling a decrease in bearish sentiment surrounding the meme coin.
Source: Santiment
Analyzing BONK’s daily chart revealed promising indicators for further bullish momentum. The coin’s Chaikin Money Flow (CMF) witnessed a sharp uptick, and its Money Flow Index (MFI) surpassed the neutral mark. Additionally, BONK’s price surged above its 20-day Simple Moving Average (SMA), indicating a potential continuation of the bull rally.
Source: TradingView
Looking ahead, Hyblock Capital’s analysis identified potential targets for BONK in the coming days. The meme coin’s smooth trajectory suggests a path leading up to the $0.0000232 mark. However, increased liquidation at this level could trigger a slight price correction. Nevertheless, a successful breakout above this level might propel BONK towards touching $0.000025.
Source: Hyblock Capital
Bullish Trends for BONK and FLOKI
BONK and FLOKI experienced significant bullish movements, with BONK surging by 40% and FLOKI increasing by over 20% in the last 24 hours. At the time of reporting, FLOKI was trading at $0.0001744, boasting a market capitalization exceeding $1.6 billion.
Source: Santiment
Notably, FLOKI’s metrics displayed optimistic signals. The meme coin’s Open Interest rose in conjunction with its price, while its Funding Rate remained low. Typically, when the Funding Rate is low, prices tend to trend upward, indicating a potential continuation of FLOKI’s uptrend.
Further bolstering the bullish outlook, FLOKI’s MACD hinted at the possibility of a bullish crossover, while its Chaikin Money Flow (CMF) surged northward, suggesting a potential increase in the meme coin’s price in the coming days.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bonk #Floki #Bitcoin #Altcoin #CryptoNews $FLOKI $BONK
These gains coincided with increased social media activity surrounding BONK, indicating heightened interest in the meme coin sector.
BONK Rockets 40% After Bitcoin’s Fourth Halving
In the wake of Bitcoin’s fourth halving, the cryptocurrency market experienced a surge, with BONK emerging as one of the top gainers, witnessing a remarkable 40% increase in its value within just 24 hours. As per CoinMarketCap data, BONK was trading at $0.00002145, boasting a market capitalization exceeding $1.4 billion.
The surge in BONK’s trading volume, soaring by over 200%, laid a strong foundation for the bullish trend. Moreover, the meme coin garnered significant attention across the crypto community, reflected in the spike in its Social Volume. According to Santiment’s data, BONK’s Weighted Sentiment also showed improvement, signaling a decrease in bearish sentiment surrounding the meme coin.
Source: Santiment
Analyzing BONK’s daily chart revealed promising indicators for further bullish momentum. The coin’s Chaikin Money Flow (CMF) witnessed a sharp uptick, and its Money Flow Index (MFI) surpassed the neutral mark. Additionally, BONK’s price surged above its 20-day Simple Moving Average (SMA), indicating a potential continuation of the bull rally.
Source: TradingView
Looking ahead, Hyblock Capital’s analysis identified potential targets for BONK in the coming days. The meme coin’s smooth trajectory suggests a path leading up to the $0.0000232 mark. However, increased liquidation at this level could trigger a slight price correction. Nevertheless, a successful breakout above this level might propel BONK towards touching $0.000025.
Source: Hyblock Capital
Bullish Trends for BONK and FLOKI
BONK and FLOKI experienced significant bullish movements, with BONK surging by 40% and FLOKI increasing by over 20% in the last 24 hours. At the time of reporting, FLOKI was trading at $0.0001744, boasting a market capitalization exceeding $1.6 billion.
Source: Santiment
Notably, FLOKI’s metrics displayed optimistic signals. The meme coin’s Open Interest rose in conjunction with its price, while its Funding Rate remained low. Typically, when the Funding Rate is low, prices tend to trend upward, indicating a potential continuation of FLOKI’s uptrend.
Further bolstering the bullish outlook, FLOKI’s MACD hinted at the possibility of a bullish crossover, while its Chaikin Money Flow (CMF) surged northward, suggesting a potential increase in the meme coin’s price in the coming days.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bonk #Floki #Bitcoin #Altcoin #CryptoNews $FLOKI $BONK
