Floki next 24 hr price high and low

Answered at Oct 19, 2024

Floki Inu (FLOKI) is a cryptocurrency that has captured the interest of many investors due to its recent price movements and potential for growth. As of October 19, 2024, the price of FLOKI is $0.000157, with a 24-hour trading volume of $335.46 million (CoinDesk).

FLOKI Price Movement Overview

Current Market Sentiment

The current market sentiment for FLOKI is bullish. This is supported by technical indicators, with 23 signaling a positive outlook and only 6 indicating a bearish trend (CoinCodex). The Fear & Greed Index is also showing a reading of "Greed," suggesting that investors are optimistic about the coin's short-term prospects.

Technical Analysis

  • Resistance Levels: The immediate resistance level for FLOKI is at $0.000162. If the price breaks above this, it could move towards the next resistance at $0.000171 (CoinLore).
  • Support Levels: The key support level is at $0.000149. A drop below this could lead to further declines (CoinLore).

Moving Averages

FLOKI's price is currently above all major exponential moving averages (EMAs), including the 10, 20, 50, 100, and 200-day EMAs, indicating a strong upward trend (CoinLore).

FLOKI Price Prediction for the Next 24 Hours

Expected Price Range

Over the next 24 hours, the price of FLOKI is expected to range between $0.000153 and $0.000171. This prediction suggests a potential increase of up to 6.96% from the current price (CoinLore).

Factors Influencing Price

  • Market Sentiment: The bullish sentiment and high trading volume are likely to support the price increase.
  • Technical Indicators: The current position above key moving averages and the bullish RSI (Relative Strength Index) further reinforce the potential for upward movement.

Conclusion

FLOKI is showing strong bullish signals in the short term, with a potential price range of $0.000153 to $0.000171 over the next 24 hours. Investors should watch the resistance and support levels closely, as breaking these could indicate further price movements. The overall market sentiment and technical indicators suggest that FLOKI could continue its upward trend, making it an attractive option for short-term investment (CoinLore, CoinCodex).