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    Home»Cryptocurrency»FLOKI Targets Massive Rally With Cup & Handle Formation
    Cryptocurrency

    FLOKI Targets Massive Rally With Cup & Handle Formation

    CryptoGateBy CryptoGateAugust 19, 2025No Comments3 Mins Read
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    TL;DR

    • FLOKI’s cup-and-handle construction alerts breakout potential, with $0.0002 as a measured upside goal.
    • Analysts spotlight sturdy accumulation, narrowing Bollinger Bands, and alternate outflows supporting a bullish breakout case.
    • Robinhood itemizing expands FLOKI’s retail attain, whereas on-chain information suggests diminished promoting stress is constructing.

    FLOKI Holds Close to Key Help

    FLOKI traded at $0.0001 on Tuesday, exhibiting a slight day by day dip and a weekly lack of 5%. Quantity traded was $95.48 million. Regardless of the pullback, the day by day chart demonstrates a cup-and-handle sample, generally related to the continuation of the uptrend.

    In the meantime, the neckline of $0.00011-$0.000115 has been revisited various occasions. The asset is at the moment an space above, indicating that patrons are nonetheless in play. In response to analyst Butterfly, quantity on the retest has remained sturdy, and this is a sign of satisfying accumulation.

    #FLOKI is sitting above the cup & deal with neckline on the day by day timeframe

    Robust quantity confirms that this retest is holding completely — good cash is accumulating right here

    As soon as shopping for stress returns, $FLOKI is positioned to BOUNCE towards $0.000200 pic.twitter.com/d71xXPdYvL

    — Butterfly (@butterfly_chart) August 18, 2025

    The deal with is forming as a descending channel, a standard function earlier than an upside try. A confirmed breakout above the neckline would open the best way towards the $0.0002 degree, matching the measured transfer from the sample.

    If help fails, the value may revisit the decrease deal with boundary close to $0.000095. Till then, the neckline stays the important thing space that retains the bullish setup intact.

    Indicators Level to Consolidation

    The Bollinger Bands are narrowing, with the higher band set at 0.000123 and the decrease one at 0.000097. FLOKI trades near $0.000103, sitting just below the mid-band at $0.00011. The constricting vary signifies low volatility, which is commonly depicted previous to a much bigger transfer.

    Supply: TradingView

    Notably, the Chaikin Cash Movement (CMF 20) is -0.06 and displays weak outflows. The studying has been within the neighborhood of the impartial line, which signifies that purchasing is current, however inflows aren’t predominant but.

    Moreover, analyst Smith noted that FLOKI’s coil construction is sort of full, with demand being held by stronger fingers. He added {that a} breakout may set off a transfer with targets exhibiting greater than 250% upside from present ranges.

    Alternate Flows and Robinhood Itemizing

    On August 19, FLOKI netflows confirmed -$117,260, with extra tokens being withdrawn from exchanges than deposited. This will likely point out decrease speedy promoting stress, with stockholders shifting belongings off exchanges.

    FLOKI Spot Inflow/Outflow
    Supply: Coinglass

    On the identical time, FLOKI secured a brand new itemizing on Robinhood, opening entry to greater than 25 million customers. The addition expands attain for retail traders and locations the meme coin alongside different broadly traded cryptocurrencies.

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