Analyst Investing Haven predicts that the meme coin FLOKI will rise to $0.0005. Reaching this target would represent an all-time high for FLOKI. Crypto analyst CryptoElites, on the other hand, predicts a 5x price increase for FLOKI. Similar price increase predictions come from other analysts.
A 200 percent price increase forecast for FLOKI: If this comes true…
As you have been following on Kriptokoin.com, the market has been volatile. In this volatile market, meme coins continue to attract the attention of investors and traders. The analyst nicknamed Investing Haven predicts that the FLOKI price will reach the 2025 bullish target of $0.0005. However, there is a critical condition for this forecast. That is, it must hold critical support at $0.000122 earlier this year. He notes that this is key for it to maintain its bullish momentum and break out to this new ATH level.
The analyst claims that a bounce off this support level could push the meme coin price towards the $0.0005 target in 2025. So far, FLOKI has remained well above this important support level. This is undoubtedly a very positive development, especially given the bearish trend in the crypto market. Therefore, Investing Haven suggests that this is a perfect ‘buy the dip’ opportunity.
A 5x price increase for Meme coin is also a possibility!
Apart from Investing Haven, other analysts are also bullish on FLOKI. Crypto analyst CryptoElites predicts that FLOKI price could witness a 5x increase from its current level. This means that the meme coin price will rise as high as $0.00088. CryptoElites seems confident that FLOKI can register such a rally. It also notes that the technical setup is entirely positive. The $0.00088 price target is a level that Investing Haven also predicts the meme coin will reach this year.
Crypto analyst Master Kenobi also predicts that a FLOKI price rally is imminent. However, he notes that FLOKI is at the stage where it could witness volatility before a significant pump.
The attached chart showed that a 10-fold increase is possible with the meme coin price as high as $0.0011. The analyst had earlier highlighted $0.00021 and $0.00028 as two price levels to watch before FLOKI reaches ATH.
The opinions and forecasts in the article are those of analysts and are not investment advice. As Kriptokoin.com, we strongly recommend that you do your own research before investing.
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