Crypto analyst Master Kenobi has shared critical price levels to watch for FLOKI before it reaches a new all-time high (ATH). He predicts that this meme coin will enter a price discovery phase by surpassing its current ATH level of $0.00035.
Critical Price Levels
In a recent statement on X platform, Master Kenobi indicated that FLOKI must break through the resistance levels of $0.00021 and $0.00028 to achieve its ATH. He foresees that these price targets could be met within this month.
The analyst’s chart suggests that as FLOKI reaches a new ATH, it could climb to a price level of $0.0011. This increase would denote an approximate gain of 478% for the meme coin.
Fundamental Indicators and Future Expectations
According to the analyst, FLOKI’s price has doubled since its recent breakout. He also noted that the meme coin has started to rise again from a horizontal support zone and anticipates another doubling in price in the coming days.
“FLOKI can rise after completing its 300-day consolidation period.” – Poseidon.
Poseidon commented on the conclusion of FLOKI’s 300-day consolidation phase, suggesting that it could lead to upward expansion.
As mentioned earlier, FLOKI’s exchange-traded product (ETP) could launch in the first quarter of the year. This fund may strengthen institutional entry into the memecoin ecosystem, contributing to future price increases.
The forthcoming ETP, following Dogecoin 
$0.381933, is expected to be of significant interest. The FLOKI Coin team has consistently performed well in launching products in high-demand areas, which we see positively impacting prices. Considering the renewed interest from new investors in meme coins during the bull season, FLOKI Coin could see a surge in demand.
The set targets and favorable analyses for FLOKI may provide more opportunities for traders. However, caution is advised due to the volatile nature of crypto markets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
