FLOKI 價格FLOKI

$FLOKI / USDT  I see a bullish consolidation above support here 📈 Prices might pump soon!

Floki market structure on the 4H timeframe is bearish. The structure is making LH and LL. So, we have to be conservative with our profit target. Here, the market is bullish but our target is where the arrow is pointing to. $FLOKI

Expert Says Pepe Will Outperform Dogecoin and Shiba Inu This Cycle Max Schwartzman, the CEO of BecauseBitcoin, has shared an indication of the bull cycle’s peak, citing the performance of the largest meme coins Dogecoin, Shiba Inu and Pepe. The meme coin sector has been one of the standout narratives in this bull cycle. Strong performances from Dogecoin, Shiba Inu, and Pepe have seen the meme sector trade at a market cap of $132 billion. For context, Dogecoin, Pepe, and Shiba Inu have respectively surged 221%, 125%, and 53% in the past 30 days. Other meme coins like Bonk and Floki Inu have also performed impressively, appreciating 124% and 81.5%, respectively. Amid the notable upticks, BecauseBitcoin founder Max Scwartzman has shared his meme coin play for the cycle, including a possible scenario where Pepe will outpace Dogecoin. He also predicted how the meme sector will determine Bitcoin’s market top. Schwartzman Shares Alpha-Beta Cycle Play In a Nov. 23 tweet, Schwartzman asserted which meme coin was alpha and beta in this bull cycle. He stated that while the previous cycle was Dogecoin (alpha) against Shiba Inu (beta), this period would be the former against the third-largest meme coin by market cap, Pepe. The CEO asserts that Dogecoin is the alpha and Pepe the beta for this bull run, insisting that the relationship between the two tokens is the “secret sauce in crypto.” Per the analysis, Schwartzman speculated that Pepe will be the best-performing token in the meme category this cycle. Cycle Top When Pepe Flips Dogecoin Notably, the market typically shows an interesting trend between alphas and betas and how they determine the cycle top. He pointed to an occurrence in the previous cycle as his basis for using the analogy to determine the market top. The BecauseBitcoin CEO stated that Bitcoin peaked last cycle when Shiba Inu’s market cap flipped Dogecoin’s. The expert insisted that although betas are allowed to topple alphas for a short time, sustained overperformance signals the market is a “house of cards about to collapse.” As a result, he insisted he would leave the crypto market when Pepe’s market cap flipped Dogecoin’s later in the cycle. In the meantime, he advised his massive audience to enjoy the ride up, as both tokens would surge together for now. Notably, Pepe has been teased to perform outstandingly this cycle, with an analyst predicting it will mirror Shiba Inu’s 2021 explosion. The analysis came following PEPE’s listing on Coinbase and Robinhood. In the meantime, PEPE trades at $0.00002052, down 9% in the past seven days. $DOGE $PEPE

Expert Says Pepe Will Outperform Dogecoin and Shiba Inu This Cycle Max Schwartzman, the CEO of BecauseBitcoin, has shared an indication of the bull cycle’s peak, citing the performance of the largest meme coins Dogecoin, Shiba Inu and Pepe. The meme coin sector has been one of the standout narratives in this bull cycle. Strong performances from Dogecoin, Shiba Inu, and Pepe have seen the meme sector trade at a market cap of $132 billion. For context, Dogecoin, Pepe, and Shiba Inu have respectively surged 221%, 125%, and 53% in the past 30 days. Other meme coins like Bonk and Floki Inu have also performed impressively, appreciating 124% and 81.5%, respectively. Amid the notable upticks, BecauseBitcoin founder Max Scwartzman has shared his meme coin play for the cycle, including a possible scenario where Pepe will outpace Dogecoin. He also predicted how the meme sector will determine Bitcoin’s market top. Schwartzman Shares Alpha-Beta Cycle Play In a Nov. 23 tweet, Schwartzman asserted which meme coin was alpha and beta in this bull cycle. He stated that while the previous cycle was Dogecoin (alpha) against Shiba Inu (beta), this period would be the former against the third-largest meme coin by market cap, Pepe. The CEO asserts that Dogecoin is the alpha and Pepe the beta for this bull run, insisting that the relationship between the two tokens is the “secret sauce in crypto.” Per the analysis, Schwartzman speculated that Pepe will be the best-performing token in the meme category this cycle. Cycle Top When Pepe Flips Dogecoin Notably, the market typically shows an interesting trend between alphas and betas and how they determine the cycle top. He pointed to an occurrence in the previous cycle as his basis for using the analogy to determine the market top. The BecauseBitcoin CEO stated that Bitcoin peaked last cycle when Shiba Inu’s market cap flipped Dogecoin’s. The expert insisted that although betas are allowed to topple alphas for a short time, sustained overperformance signals the market is a “house of cards about to collapse.” As a result, he insisted he would leave the crypto market when Pepe’s market cap flipped Dogecoin’s later in the cycle. In the meantime, he advised his massive audience to enjoy the ride up, as both tokens would surge together for now. Notably, Pepe has been teased to perform outstandingly this cycle, with an analyst predicting it will mirror Shiba Inu’s 2021 explosion. The analysis came following PEPE’s listing on Coinbase and Robinhood. In the meantime, PEPE trades at $0.00002052, down 9% in the past seven days. $DOGE $PEPE

Bearish trends could push FLOKI to $0.00017 Here’s why FLOKI [FLOKI] has succumbed to bearish trends across the cryptocurrency market, given that at press time, the memecoin was trading at $0.000227 after a 4.8% drop in 24 hours. FLOKI has also been down by 9% in the last seven days amid intense selling. The memecoin could drop further after a rounded top pattern appeared on its four-hour chart. This pattern shows bullish exhaustion as selling pressure increases. The Relative Strength Index (RSI) clearly outlined the spike in selling activity after a steady decline. The RSI had a value of 38 at press time, suggesting that the memecoin was leaning towards being oversold. The Awesome Oscillator(AO) also highlighted the strengths of the bears. The red AO bars were negative and growing in size, an indication that the downtrend is gaining strength. If these bearish signals persist, FLOKI will likely drop to test support at the 1.618 Fibonacci level $0.00017. At this price, the rounded top pattern will have established a neckline, with a drop below this support set to accelerate the downturn. For FLOKI to make a bullish breakout from this bearish pattern, it needs to flip resistance at $0.00024. Such an uptrend, coupled with high trading volumes, could support more gains. On-chain data shows mixed signals Data from IntoTheBlock showed that the on-chain data around FLOKI was bearish. The net network growth had posted a decline, indicating that there are fewer addresses interacting with the token. A drop in the addresses that are in the money is also another bearish signal, as it suggests that the market sentiment is negative. However, the slight spike in whale activity could be a bullish sign if these large addresses are buying. In the last two days, FLOKI’s transactions exceeding $100,000 have gradually increased to 241 billion, a 173% increase in just 24 hours. Analyzing FLOKI’s derivatives data The derivatives market also suggested that speculative traders are bearish. In just a day, volumes in this market dropped by 3% as Open Interest(OI) fell by 11% to $29M. $FLOKI