Floki (FLOKI) attracted the attention of investors with the recovery of the last 24 hours. Despite the overall decrease in the crypto market, the accumulation of the fluok of large investors had a positive impact on the price. In particular, the increase in whale purchases and the upcoming marketing campaign may play a critical role in future price movements.
Intensive purchases of Floki whales are remarkable
According to the latest data, the purchases of Floki whales increased by 187 %in the last 24 hours. Large investors, while holding 53 billion flok, this amount reached 153 billion in a short time. This development shows that investors are expecting a long -term rise.
These intense whale purchases are usually interpreted as the beginning of a new rise trend. If the procurement pressure continues, it may be possible for FLOKI to reach higher points than existing levels. However, the price needs to exceed certain levels of resistance for a sustainable rise.
Price movements and trading balance
Floki’s price increased by 9.78 %to $ 0.000101 from $ 0.000092 in the last 24 hours. Before, Memecoin lost 17.83 %in the last week. This shows that investors see the last decline as a purchase opportunity.
Market data reveals that purchasing orders are more than sales orders. Increased procurement pressure shows that Floki can test higher levels in the short term, but general market trends need to be taken into consideration. In particular, the overall tendency in the crypto market may limit this rise.
What are the critical levels for Floki?
One of the most important resistance levels in front of Floki is seen as $ 0.00011. If this level is broken, the price is expected to rise to $ 0,00012 in a short time. However, it is also possible to encounter a strong sales pressure at this level.
On the other hand, in case of a possible retreat, the level of $ 0.000094 can work as support. If this level breaks down, the price is likely to encounter a greater decrease. Investors should closely follow Floki’s price movements and whale activities.
Expectations for Floki’s future
Floki’s price movements will largely depend on whale purchases and upcoming marketing campaign. The campaign, which will start on February 5, can enable FLOKI to reach a wide audience. If the campaign is successful, it can have a positive effect on the price.
However, when we look at the market, fluctuations in crypto markets may limit the rise of Floki. It is important for investors to act by taking into account both technical levels and general market conditions.
