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- FLOKI technical indicators hint that the current price boost is precursor to an incoming rally.
- FLOKI has expanded to become a large ecosystem beyond speculative memecoin themes.
The FLOKI memecoin recently demonstrated resilience as it rebounded from a short-lived downtrend in the general market. Favorable market conditions, historical patterns, political shifts, and technical analysis all show that FLOKI is set to surge in 35 days.
FLOKI Price Follows Historical Trends
Currently, FLOKI is riding on a bullish rally fueled by optimism in the crypto market. According to market cap data, FLOKI is trading at $0.0001666, representing a 5.7% increase in the last 24 hours. The daily trading volume surged 65.8% to $230 million, suggesting investors renewed interest.
FLOKI quickly rebounded from its December lows following market optimism fueled by the latest CPI announcement. This pattern is similar to historical trends, especially those seen in the 2017 and 2021 bull markets and potentially in 2025.
Technical analysis also shows that FLOKI’s Relative Strength Index (RSI) hovers near its moving average, indicating a possible bullish crossover. Notably, the time elapsed since the current low is consistent with a 29-day pattern witnessed last year. This suggests the start of a 35-day pump sequence.
Market analysts think this movement could pull through before or after Donald Trump’s inauguration on January 20, signaling a pivotal moment for the memecoin. Historical patterns also show upsides for FLOKI in the coming days, as indicated on the memecoin’s chart.
For instance, adjustments to the 112-day sequence align seamlessly with the 140-day cycle observed last year. These adjustments were initially disrupted by external factors like November 2024’s U.S. elections. Thus, the recent realignment reaffirms FLOKI’s historical track with no noteworthy deviations.
Another historical behavior observed is that FLOKI is trapped within its typical blue rectangle phase. In the past, this range dictated its cyclical behavior, and FLOKI is currently positioned at the lower end of this range. This pattern is consistent with past performanc,e where substantial upward movements followed similar positions.
Analysts remain optimistic that FLOKI could see a massive rally by the end of January if favorable sentiment continues. FLOKI also stands to benefit from favorable political shifts in the US.
More Bullish Expectations for FLOKI and Partnerships
As mentioned in our previous news brief, pseudonymous crypto analyst Bluntz said FLOKI is looking “turbo bullish.”
The analyst highlighted an ABC correction on FLOKI’s daily chart, which indicated a temporary reversal of the previous pattern. Hence, he forecasted an imminent ABC rally with a new impulse, leading to an all-time high before the current cycle ends.
Meanwhile, FLOKI, which began as a memecoin, has grown into a broader crypto ecosystem. Last year, FLOKI collaborated with the Kings World Cup Nations, a football competition that will combine esports and conventional football. As summarized in our earlier news story, this collaboration expands Floki’s presence on the global stage.
In a recent update, we covered that FLOKI has also formed a strategic partnership with MasterCard. Through the partnership, Mastercard will introduce a physical and virtual debit card that supports FLOKI and other cryptocurrencies, which are usable in 31 European countries.
