FLOKI (FLOKI) Price Prediction 2023 – Will FLOKI Hit $0.001 Soon?
- Bullish FLOKI price prediction for 2023 is $0.0000610767 to $0.0001202980.
- The FLOKI price will also reach $0.001 soon.
- Bearish FLOKI price prediction for 2023 is $0.0000132268.
In FLOKI (FLOKI) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about FLOKI to analyze the future movement of the cryptocurrency.
FLOKI (FLOKI) Current Market Status
| Current Price | $0.00003675 |
| 24 – Hour Trading Volume | $58,432,836 |
| 24 – Hour Price Change | 9.73% up |
| Circulating Supply | 8,917,452,316,422 |
| All – Time High | $0.00033651 (On November 04, 2021) |
What is FLOKI (FLOKI)?
FLOKI is the people’s cryptocurrency and the utility token of the Floki Ecosystem. A mysterious group of developers who were ardent supporters and Shiba Inu community members built the memecoin. FLOKI was created on June 25, 2021, when Elon Musk announced that he will be adopting a Shiba Inu puppy named Floki. FLOKI is hosted on both Ethereum and Binance Smart Chain, giving it access to the Ethereum and Binance Smart Chain communities.
FLOKI (FLOKI) Price Prediction 2023
FLOKI (FLOKI) holds the 114st position on CoinMarketCap right now. FLOKI price prediction 2023 is explained below with a daily time frame.
FLOKI/USDT Horizontal Channel Pattern (Source: TradingView)
The above chart of FLOKI (FLOKI) laid out the horizontal channel pattern. The horizontal channel also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation
Currently, FLOKI (FLOKI) is at $0.00003857. If the pattern continues, the price of FLOKI might reach the resistance level of 0.0000352573, $0.0000385093 and $.0000457371. If the trend reverses, then the price of FLOKI may fall to $0.0000322594.
FLOKI (FLOKI) Support and Resistance Levels
The chart below shows the support and resistance levels of FLOKI (FLOKI).
FLOKI/USDT Support and Resistance Level (Source: TradingView)
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of FLOKI (FLOKI).
| Resistance Level 1 | $0.0000610767 |
| Resistance Level 2 | $0.0001202980 |
| Support Level 1 | $0.0000254464 |
| Support Level 2 | $0.0000132268 |
The charts show that FLOKI has performed a bullish trend over the past month. If this trend continues, FLOKI might run along with the bulls overtaking its resistance level at $0.0001202980.
Accordingly, if the investors turn against the crypto, the price of the FLOKI might plummet to almost $0.0000132268, a bearish signal.
FLOKI (FLOKI) Price Prediction 2023 — RVOL, MA, and RSI
The Relative Volume (RVOL) of FLOKI (FLOKI) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of FLOKI lies below the cutoff line, indicating weak participants in the current trend.
FLOKI/USDT RVOL, MA, RSI (Source: TradingView )
Moreover, the Moving Average (MA) of FLOKI (FLOKI) is shown in the above chart. Notably, the FLOKI price lies below 50 MA (short-term), so it is completely in a downtrend trend. Currently, FLOKI is in a bearish state. There is a possibility of a reversal trend of FLOKI at any time.
Meanwhile, the relative strength index (RSI) of the FLOKI is at a level of 43.81. This means that FLOKI is nearly an oversold state. However, this gives confidence to the traders to trade without any fear.
FLOKI (FLOKI) Price Prediction 2023 — ADX, RVI
Let us now look Average Directional Index (ADX) of FLOKI (FLOKI). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
FLOKI/USDT ADX, RVI (Source: TradingView)
The above chart represents the ADX of FLOKI (FLOKI). Currently, FLOKI lies in the range of 11.0777, indicating a weak trend.
From the above chart, the Relative Volatility Index (RVI) of FLOKI (FLOKI). RVI measures the constant deviation of price changes over a period of time. The RVI of FLOKI lies below 50, indicating low volatility. In fact, FLOKI’s RSI is at 43.81, thus confirming a potential sell signal.
Comparison of FLOKI with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and FLOKI (FLOKI).
BTC Vs ETH Vs FLOKI Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price actions of FLOKI is a similar trend with respect to BTC and ETH. This indicates that when the price of BTC and ETH increases , the price of FLOKI increases. And when the price of BTC and ETH decreases, the price of FLOKI decreases.
FLOKI (FLOKI) Price Prediction 2024-2030
Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s check what FLOKI (FLOKI) will price between 2024 and 2030.
FLOKI (FLOKI) Price Prediction 2024
With several upgrades in the network, FLOKI (FLOKI) might enter a bullish trajectory. If the coin grabs the attention of major investors, FLOKI might rally to hit $0.007 by 2024.
FLOKI (FLOKI) Price Prediction 2025
If FLOKI (FLOKI) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, FLOKI will rally to hit $0.01.
FLOKI (FLOKI) Price Prediction 2026
If FLOKI (FLOKI) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, FLOKI would rally to hit $0.05.
FLOKI (FLOKI) Price Prediction 2027
If FLOKI (FLOKI) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, FLOKI would rally to hit $0.1.
FLOKI (FLOKI) Price Prediction 2028
If FLOKI (FLOKI) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, FLOKI would hit $0.5.
FLOKI (FLOKI) Price Prediction 2029
If investors flock in and continue to place their bets on FLOKI (FLOKI), it would witness major spikes. FLOKI might hit $1 by 2029.
FLOKI (FLOKI) Price Prediction 2030
With greater advancements in the FLOKI ecosystem, the crypto community might continue to invest in FLOKI (FLOKI) for the next 8 years and drive significant price rallies for the token. Hence, FLOKI (FLOKI) might hit $5 by 2030.
Conclusion
With continuous improvements in the FLOKI network, we can say that 2023 is a good year for FLOKI. For this reason, the bullish price prediction of FLOKI (FLOKI) in 2023 is $0.0001202980. On the other hand, the bearish price prediction of FLOKI (FLOKI) for 2023 is $0.0000132268.
Furthermore, with the advancements and upgrades to the FLOKI ecosystem, the performance of FLOKI would help to reach above its current all-time high (ATH) of $0.00033651 very soon. But, it might also reach $0.001 if the investors believe that FLOKI is a good investment in 2023.
FAQ
1. What is FLOKI (FLOKI)?
FLOKI is the people’s cryptocurrency and the utility token of the Floki Ecosystem. FLOKI is hosted on both Ethereum and Binance Smart Chain, giving it access to the Ethereum and Binance Smart Chain communities.
2. Where can you purchase FLOKI (FLOKI)?
FLOKI (FLOKI) has been listed on many crypto exchanges which include Gate.io, MEXC, Bybit,, Huobi Global.
3. Will FLOKI (FLOKI) reach a new ATH soon?
With the ongoing developments and upgrades within the FLOKI platform, FLOKI (FLOKI) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of FLOKI (FLOKI)?
On Nov 04, 2021, FLOKI reached its new all-time high (ATH) of $0.00033651.
5. Is FLOKI (FLOKI) a good investment in 2023?
FLOKI (FLOKI) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of FLOKI in the past few months, FLOKI is considered a good investment in 2023.
6. Can FLOKI (FLOKI) reach $0.001?
FLOKI (FLOKI) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues, FLOKI (FLOKI) will hit $0.001 soon.
7. What will be FLOKI (FLOKI) price by 2024?
FLOKI (FLOKI) price is expected to reach $0.007 by 2024.
8. What will be FLOKI (FLOKI) price by 2025?
FLOKI (FLOKI) price is expected to reach $0.01 by 2025.
9. What will be FLOKI (FLOKI) price by 2026?
FLOKI (FLOKI) price is expected to reach $0.05 by 2026.
10. What will be FLOKI (FLOKI) price by 2027?
FLOKI (FLOKI) price is expected to reach $0.1 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Read more: https://thenewscrypto.com/floki-floki-price-prediction/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
