The FLOKI Price Surges 10% In A Week, But Experts Say This AI Meme Coin Rival Might 10X

The
FLOKI
price
surged
10%
on
the


weekly
timeframe

following
a
1%
gain
in
the
last
24
hours
to
trade
at
$0.0001698
as
of
6:00
a.m.
EST.

This
strong
performance
over
the
past
7
days
was
not
enough
to
erase
FLOKI’s
34%
plunge
in
the
past
month.

The
FLOKI
Price
Was
Unable
To
Break
A
Major
Resistance

4-hour
chart
for
FLOKI/USD
(Source:


GeckoTerminal)

The


FLOKI
price

was
able
to
break
out
above
a
medium-term
negative
channel
throughout
the
past
24
hours.
It
then
attempted
to
overcome
the
resistance
level
at
$0.0001745,
but
was
rejected
by
the
technical
barrier.

Now,
sellers
are
trying
to
force
FLOKI
back
within
the
descending
channel.
Should
the
meme
coin
drop
back
into
this
range,
it
could
be
at
risk
of
falling
to
the
immediate
support
level
at
$0.0001610.
This
is
a
crucial
level
to
watch,
because
it
is
also
confluent
with
the
lower
boundary
of
the
Bollinger
Bands
(BBANDS)
on
the
4-hour
chart.

Therefore,
the
FLOKI
price
losing
the
$0.0001610
support
within
the
next
couple
of
hours
might
lead
to
the
altcoin
falling
to
as
low
as
$0.0001493
in
the
following
couple
of
days.

On
the
other
hand,
FLOKI
remaining
above
the
negative
price
channel
for
the
next
8
hours
could
invalidate
the
bearish
thesis.
In
this
alternative
scenario,
the
meme
coin
might
attempt
to
flip
the
$0.0001745
resistance
into
support. 

If
successful,
the
meme
coin
could
have
the
foundation
needed
to
rise
to
the
subsequent
mark
at
$0.0001916.
Before
the
FLOKI
price
potentially
climbs
to
this
key
price
point,
it
will
first
need
to
overcome
the
upper
boundary
of
the
BBANDS,
which
is
also
confluent
with
the
$0.0001745
barrier.

FLOKI
Price
Losing
Technical
Strength

Technical
indicators
on
FLOKI’s
4-hour
chart
suggest
the
meme
coin’s
price
might
drop
in
the
upcoming
8
hours.
Both
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
indicators
are
showing
bearish
signs. 

Buyers
seem
to
be
losing
strength,
as
signaled
by
the
declining
RSI
values
on
the
4-hour
chart.
What’s
more,
the
RSI
line
is
negatively-sloped.
Traders
could
see
this
as
an
indication
that
sellers
are
still
gaining
strength
against
their
bullish
counterparts.
Should
the
RSI
drop
below
50,
it
might
signal
a
major
bearish
shift
in
momentum
for


FLOKI.

Meanwhile,
the
MACD
line
is
starting
to
collapse
towards
the
MACD
Signal
line.
Although
the
current
orientation
of
these
two
lines
is
bullish,
the
narrowing
gap
between
them
suggests
FLOKI’s
positive
momentum
is
losing
steam.

These
bearish
technical
signs,
coupled
with
the
fact
that
the
FLOKI
price
is
trading
near
the
upper
boundary
of
the
BBANDS,
warns
that
a
correction
might
be
looming.
If
this
drop
in
the
FLOKI
price
happens,
the
meme
coin
could
fall
to
the
aforementioned
$0.0001610
support. 

While
the
FLOKI
price
starts
to
lose
some
of
its
bullish
strength,
that
cannot
be
said
about
the


WienerAI
(WAI)

presale,
which
is
closing
on
$7
million
in
funds
raised.

A
Cute
And
Powerful
AI
Companion

WienerAI
(WAI)
is
different
from
all
of
the
meme
coins
that
came
before
it
because
it
includes
sophisticated
AI
technology.
With
its
trading
bot
using
predictive
computer
models,
the
project
aims
to
become
a
cute
and
intelligent
companion
for
crypto
traders.

With
the
ability
to
consume
large
amounts
of
data
and
almost
instantaneously
output
a
decision,
WienerAI
can
help
traders
and
investors
make
more
informed
decisions
in
the
highly-volatile
crypto
market. 

In
addition
to
its
powerful
AI
technology,
the
project
also
offers
token
holders
a
seamless
swap
solution.
Combined
with
WienerAI’s
MEV
protection,
WAI
investors
will
never
miss
a
golden
swap
opportunity
again. 

With
everything
that
WienerAI
offers
investors,
it
is
no
wonder
ClayBro
told
his
130,000
YouTube
subscribers
that
WAI
could
soon
surge
10x.

Nearly
$10
Million
Raised
At
This
Early
Stage

WAI
has
rocketed
past
$6.9
million
raised. A
potential
catalyst
for
this
investor
frenzy
might
be
the
164%
APY
available
to
presale
buyers.
This
lucrative
opportunity
is
open
to
anyone
who
purchases
and
locks
up
WAI
tokens
at
this
ground
floor
stage.

To
get
in
on
the
high
rewards,
investors
can
buy
WAI
through
the
easy-to-use
widget
embedded
on
the
project’s
website.
The
token
is
selling
for
$0.000724,
and
can
be
purchased
using
either
ETH,
USDT,
BNB
or
bank
card.

Ready
for
the
new
week
like
a
Wiener
on
a
mission!
????????

Let’s
crush
those
trades
with
WienerAI,
your
ultimate
AI
trading
assistant
????????

pic.twitter.com/MqD8yNmHlz

—
WienerAI
(@WienerDogAI)

June
30,
2024

Buyers
will
want
to
act
fast,
though,
because
the
meme
coin’s
price
will
increase
in
a
little
more
than
two
days.

Purchase
and
stake
WAI
here
before
its
price
increases.

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