Floki
Is traded in a wide $ 0.00005422 range over the last 24 hours swung from a high of $ 0.00009435 to a low level of $ 0.00008913, before settling at $ 0.00008946, down 1.87%, according to Coindesk Research’s technical analysis model.
The token fleeting session was characterized by a sharp 4%rally during the US morning hours, followed by aggressive profits as resistance formed near $ 0.00009400 level. Trade volume spiked at 95.85 billion tokens at the height of the rally – more than 56% over the daily average – before falling steadily into the US afternoon.
The flock of pricing coincided with an important milestone announced by the project earlier today. The team revealed that Floki has been listed on Webull Pay, a popular American retailcrypto trading platform operated by Webull, which boasts over 24 million users. According to the team, the list increases significant liquidity and is expanding access to millions of potential new holders who place Floki to promote its stated goal of becoming the most recognized and widely used cryptocurrency.
Despite the intraday weakness and a trial session faded, flocking remained over the session. An unsuccessful recovery attempt around $ 0.00009016 confirmed that sellers continue to dominate at higher levels, but tokens’s ability to hold over $ 0.00008900 may suggest underlying support near this area as the market digests the implications of the Webull list.
Technical analysis highlights
- Floki showed sharp directional shifts around the most important psychological levels between $ 0.00008900 and $ 0.00009400.
- Early session gets quickly, as volume dried up after 09: 00 UTC rally.
- Sales pressure was dominant over $ 0.00009350 with repeated rejection.
- Finally sale broke under the temporary intraday support for $ 0.00009000.
- Volume during the retraction phases remained elevated, indicating distribution.
- Despite the disadvantage closely, the price avoided deeper collapse below $ 0.00008900.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.
