Floki Price Prediction: Symmetrical Triangle Build-Up May Trigger 15% Rally

Floki’s recent price action signals a potential breakout as the token continues to form a tightening structure.

While short-term volatility has caused minor pullbacks, broader technical indicators reflect a resilient bullish setup. Traders are watching closely as FLOKI approaches critical resistance zones that could ignite a 15% rally if broken convincingly.

Analyst Flags Potential Breakout as Key Resistance Approaches

The FLOKI/USDT chart shared by @best_analysts highlights a descending resistance trendline that has capped the price since December 2024. After a strong upward movement in early July, FLOKI is now retesting this trendline, with a critical resistance level just above the $0.000100 mark. The chart’s notation “Patience Is Key” underscores the importance of waiting for confirmation before entering long positions.

Source: X

The signal identifies $0.000105 as the ideal breakout trigger. The analyst outlines structured short-term targets at $0.000108, $0.000112, and $0.000117, marking potential zones for taking profits. A confirmed break above the resistance level could drive renewed bullish momentum, particularly if accompanied by increased volume. If FLOKI fails to clear the resistance, the price may consolidate further or test support around $0.000095.

Market Activity Remains Firm Despite Short-Term Pullback

Additionally, BraveNewCoin data shows that FLOKI declined by 4.68% in the last 24 hours, with the price settling near $0.00009503. The asset briefly attempted to stabilize near the $0.00010 psychological level before descending under consistent selling pressure. The pattern of lower highs and lower lows persists on the short-term chart, pointing to cautious sentiment.

Source: BraveNewCoin

Despite the price drop, FLOKI registered $192.28 million in trading volume over the same period. The relatively stable volume bars indicate an orderly retracement rather than panic-driven selling. Support remains visible around the $0.000095 level, and any move below this could shift focus toward $0.000092. Reclaiming the $0.000098 range would be essential for any short-term bullish reversal.

With a market capitalization of nearly $919 million and a circulating supply exceeding 9.66 trillion tokens, FLOKI continues to exhibit typical price behavior observed in high-circulation meme tokens. The absence of significant volume spikes suggests that major players are yet to re-enter aggressively.

However, steady accumulation and defense of key support zones may set the stage for another push higher if resistance is cleared.

Indicators Signal Consolidation Within a Bullish Context

On the other hand, the daily FLOKI/USDT chart on TradingView shows that the token is undergoing a mild correction after peaking near $0.00009804. The price is currently trading around $0.00009408, down 2.39% on the day. The short-term trend remains upward, supported by higher lows and a strong base near the $0.000090 level. The last significant high of $0.00014581 remains intact as the next resistance target if upward momentum resumes.

Source: TradingView

Momentum indicators present a mixed but generally bullish outlook. The MACD continues to show a positive crossover, with the MACD line at 0.00000501 above the signal line at 0.00000323. Although histogram bars have narrowed, they remain in positive territory, suggesting a possible cooldown rather than trend reversal.

The Relative Strength Index (RSI) reads 58.25, indicating neutral territory with room for upside. Notably, the RSI showed bullish divergence in past cycles and continues to trend above key midline levels. If the RSI rebounds from the 50–55 range and volume increases, FLOKI could attempt a breakout above $0.000105, triggering a 15% rally in line with analyst projections.