- FLOKI gains 10.66% in 24 hours, trading at $0.00008245.
- Market cap hits $793.52M with volume soaring 102.75%.
FLOKI rose sharply today, posting a 10.66% gain to trade at $0.00008245. The rally followed renewed buying activity as the market cap reached $793.52 million.
Trading volume jumped 102.75% in the last 24 hours, reaching $112.64 million. Consequently, the market-cap ratio now stands at 13.89%, reflecting stronger market participation.
The surge comes as FLOKI defends a crucial support near the $0.000074 level. This zone, which previously marked a bottom during late June, acted as a springboard for today’s bullish momentum.
If price breaks above immediate resistance near $0.000085, the next key target lies at $0.000090. However, if rejection occurs, FLOKI may revisit the $0.000074 zone, where consolidation previously formed.
Momentum Builds for FLOKI
Technical indicators show strength returning. The Relative Strength Index (RSI) has climbed to 55.27, moving above the average value of 46.51. This positive crossover indicates bullish divergence and hints at continued upward pressure.
Moreover, the Chaikin Money Flow (CMF) flipped to +0.06, turning positive for the first time in weeks. This shift signals improving accumulation and stronger inflows. A sustained reading above zero supports the bullish narrative, suggesting that capital is rotating back into FLOKI.
On the moving averages front, price action recently crossed back above its short-term 9-day EMA. This bullish crossover strengthens the case for a trend reversal. If this structure holds, price could climb toward the psychologically important $0.000090 level. If that barrier breaks, a retest of June highs near $0.000095 may follow.
Momentum shifted after FLOKI showed resilience around its mid-June floor. The combination of rising volume, RSI strength, and a positive CMF underlines growing buyer conviction. So long as these technical conditions persist, the bias remains upward.
Sustaining support above $0.000080 will be critical in preserving the breakout setup. If bulls maintain control, further gains may materialize before resistance zones cap the advance.
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