Floki Inu (FLOKI) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Floki Inu price prediction, the price of Floki Inu is predicted to rise by 226.73% and reach $ 0.000405 by October 15, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 51 (Neutral). Floki Inu recorded 15/30 (50%) green days with 9.88% price volatility over the last 30 days. Based on the Floki Inu forecast, it's now a bad time to buy Floki Inu.

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Based on the historical price movements of Floki Inu and the BTC halving cycles, the yearly low Floki Inu price prediction for 2025 is estimated at $ 0.000124. Meanwhile, the price of Floki Inu is predicted to reach as high as $ 0.000583 next year. Using the same basis, here is the Floki Inu price prediction for each year up until 2030.

Floki Inu price prediction 2025

The Floki Inu price prediction for 2025 is currently between $ 0.000124 on the lower end and $ 0.000583 on the high end. Compared to today’s price, Floki Inu could gain 366.66% by 2025 if FLOKI reaches the upper price target.

Floki Inu price prediction 2030

The Floki Inu price prediction for 2030 is currently between $ 0.00031 on the lower end and $ 0.000502 on the high end. Compared to today’s price, Floki Inu could gain 301.75% by 2030 if it reaches the upper price target.

Floki Inu's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, Floki Inu's 200-day SMA will rise in the next month and will hit $ 0.000167 by Oct 15, 2024. Floki Inu's short-term 50-Day SMA is estimated to hit $ 0.0002 by Oct 15, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 48.88, which indicates that the FLOKI market is in a neutral position.

Popular FLOKI Moving Averages and Oscillators for Sun, Sep 15, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Floki Inu Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Floki Inu Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.000127, Floki Inu has support levels of $ 0.000124, $ 0.000121, and the strongest at $ 0.000118. Similarly, Floki Inu resistance levels are at $ 0.000129, $ 0.000133, and $ 0.000135.

Floki Inu Correlation

Over the past 7 days, Floki Inu price was most positively correlated with the price of Bonk (BONK), Dogwifhat (WIF), DOGS (DOGS), dYdX (DYDX) and Aptos (APT) and most negatively correlated with the price of TRON (TRX), Helium (HNT), Fasttoken (FTN), BitTorrent (BTT) and Aave (AAVE).

Floki Inu price is positively correlated with the top 10 coins by market cap with a price of 0.532, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.508.

Currencies that are positively correlated with Floki Inu indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Floki Inu, a move in one direction for Floki Inu would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Floki Inu price in the future, it’s helpful to also explore Floki Inu’s price history. In the last month, the FLOKI/USD pair is down .

Floki Inu Price Analysis

How to read and predict Floki Inu price movements?

Floki Inu traders use a variety of tools to try and determine the direction in which the FLOKI market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Floki Inu price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Floki Inu Price Prediction Indicators

Moving averages are among the most popular Floki Inu price prediction tools. As the name suggests, a moving average provides the average closing price for FLOKI over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for FLOKI is a sum of FLOKI’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the FLOKI price moves above any of these averages, it is generally seen as a bullish sign for Floki Inu. Conversely, a drop below an important moving average is usually a sign of weakness in the FLOKI market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the FLOKI price.

How to read Floki Inu charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Floki Inu with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Floki Inu’s price action in 1-hour chunks. Each candlestick will display FLOKI’s opening price, closing price, as well as the highest and lowest prices that Floki Inu reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Floki Inu?

Just like with any other asset, the price action of Floki Inu is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of FLOKI. The market capitalization of Floki Inu can change significantly in a short period of time.

When trying to make a Floki Inu forecast, many traders also try to monitor the activity of FLOKI “whales”, which are entities and individuals that control large amounts of FLOKI. Since the Floki Inu market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Floki Inu’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.