FLOKI Possibly Gearing Up For Explosive Rally

$18.78M In Whale Transactions

After breaking out of a falling wedge pattern, FLOKI has been climbing steadily, now trading around $0.00008702. Analysts see potential for a rally of up to 600%, with resistance targets at $0.00015367 and $0.00025791.

Source: IntoTheBlock

On-chain data is also supportive, with 55% of holders in profit and 87% of the supply held by large investors. Recent whale activity includes $18.78 million in transactions, signaling accumulation. FLOKI also moves closely with Bitcoin, showing a 0.93 correlation.

Huge Potential

Short-term, FLOKI flipped $0.00007500 from resistance to support, with the next target at $0.00012500.

Indicators like the MFI (94.09) and RSI (70.86) suggest overbought conditions, but buying remains strong. Analysts forecast a price of $0.000292 by May 2025, an increase of over 230% from current levels.