FLOKI has reignited strong momentum, emerging as one of the standout tokens in the memecoin sector this week. With steady gains and strong trading activity, the token is drawing renewed interest from both retail traders and seasoned investors.
At the time of writing, FLOKI is trading at $0.00009957 with a 24-hour trading volume of $101.05 million and a market capitalization of $948.84 million. The FLOKI price over the last 24 hours is up by 2.6%, and over the last week it is also up by 11.05%.
Source: CoinMarketCap
Also Read: FLOKI Price Analysis: Strong Support Signals Potential Rally to $0.00017000
The crypto analyst, BATMAN, revealed that FLOKI is again showing incredible strength, steadily trading inside a distinct-cut bullish channel that has drawn people’s attention. The technical indications are now indicating that the growth phase that FLOKI is currently witnessing might be about to undergo a possible transition.
One of the most striking developments comes on the weekly stochastic RSI, where the chart has just registered a golden cross, a rare technical pattern that often foretells strong continuation higher.
The FLOKI price is trading inside an ascending parallel channel. The lower support zone sits around $0.00009000, with stronger support near $0.00007500, while resistance levels are seen at $0.00011000–$0.00011300, followed by $0.00015000 and $0.00018000.
Source: X
Further fueling the optimism, Binance Coin (BNB) has just registered a new ATH, a testament to the strength across the big-cap altcoins. Historically, if the leading assets are leading the charge, meme coins like FLOKI are ready to follow close behind as retail money comes back to higher-risk, high-reward tokens.
The FLOKI derivatives market saw a sharp rise, with open interest rising 6.93% to $42.18 million and trading volume also surging 12.41% to $79.24 million. The simultaneous jump in both figures is an indication that fresh money has flowed into the marketplace.
Source: Coinglass
Meanwhile, the OI-weighted funding rate stood at 0.0098%, reflecting quite balanced short and long positions. The steady funding rate therefore means that leverage is increasing, though the market has yet to display extreme side bias.
Source: Coinglass
Also Read: FLOKI Price Explosion: Can the Meme Coin Smash Through $0.000280?
Also read: Will XRP Reclaim a Top 5 Spot by End of 2025? Market Analysts Weigh In
