FLOKI crypto sees 32% daily gain – Traders, should you buy now?
2025-07-17 22:11:58
Main Idea
FLOKI cryptocurrency surged 32% in 24 hours and 45% in 48 hours, breaking key resistance levels amid whale accumulation and rising trading volume, though its high RSI suggests a potential short-term correction.
Key Points
1. FLOKI's price surged 45% in 48 hours, including a 32% gain in the last 24 hours, making it one of the top-performing meme coins.
2. The cryptocurrency broke through a long-standing resistance level, with Open Interest (OI) surging 117% to $85.56 million.
3. Whale transactions between $100K and $1 million increased by 2,633.33%, indicating significant accumulation by large holders.
4. Technical analysis suggests FLOKI could rise another 20% to $0.000162 or even $0.000205 if bullish momentum continues, but its RSI of 77 signals overbought conditions.
5. Trading volume surged 450% to $823.65 million, reflecting heightened market activity around FLOKI.
Description
FLOKI rallies 32% and sets sights on new highs as bullish on-chain metrics strengthen the outlook.
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