Today, the Floki coin price witnessed a significant inflow and shows a 75% hike. This massive rise could be associated with the recent listing announcement of Floki in the California-based Binance exchange and also becoming the official partner of the Asian Badminton Championship 2023. This event could allow Floki to show its utility to numerous investors and present its brand in front of a massive crowd. Amid this rally, the coin price breached a crucial monthly resistance of $0.000042, offering an entry opportunity to potential buyers.
Key points:
A daily candle closing at $0.000042 resistance will offer buyers a significant footing to prolong the bullish rally.
A bullish breakout backed by tremendous high volume indicates the buyers’ conviction to achieve higher price levels
The intraday trading volume in the Floki coin is $116 Million, indicating a 903% gain.
Source- Tradingview
Over the past six weeks, the Floki coin price resonated in a fixed range spread from $0.000042 to $0
We współpracy z: https://coingape.com/markets/floki-price-skyrocketed-75-today-is-this-rally-sustainable-for-new-buyers/
