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Floki Price Prediction: Breakout Signals 50% Surge After Descending Channel Ends

  • Floki price has surged by 50% after breaking out of a descending channel, indicating a shift in investor sentiment.
  • Positioning above the 50-day moving average confirms the breakout and suggests a potential uptrend.
  • Trading volume has increased significantly, supporting the price movement and showing buyer conviction.
  • Technical indicators like Bollinger Bands and MACD support a bullish setup, with analysts projecting a target range of $0.00010–$0.00012.

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