FLOKI crypto sees 32% daily gain – Traders, should you buy now?

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Key Takeaways

Behold! FLOKI has surged a mighty 45% in the past 48 hours, blasting through resistance with the elegance of a drunken sailor. But beware, dear trader, for its RSI of 77 suggests a correction might be lurking in the shadows before it targets the distant shores of $0.000205.

In the past two days, the valiant FLOKI has stormed into the spotlight, leaving traders and investors trembling with excitement, as it flexes its muscles and boasts its impressive gains.

According to CoinMarketCap, FLOKI has surged over 45% in the past 48 hours, with a remarkable 32% jump in the last 24 hours. It’s now struttin’ its stuff as one of the top meme coins in crypto-land. 💸

The Great Breakthrough: FLOKI Defeats Resistance After Months of Struggle

After what felt like an eternity of trying and failing, FLOKI has finally broken through a long-standing resistance level that had previously caused prices to plummet three times since early 2025. It’s like the poor coin was stuck in traffic for months, and now, finally, it’s cruising down the open highway! 🏎️💨

This time, however, the rally seems stronger, buoyed by rising interest in the Valhalla blockchain game and a wave of momentum sweeping through Ethereum and its army of ETH-based meme coins. A force to be reckoned with, indeed.

Bullish On-Chain Metrics and the Current Price Surge

With the recent surge, traders and investors are donning their rose-tinted glasses and jumping on the FLOKI bandwagon. Everyone’s betting on the upside, and money is flooding into this meme coin like a stampede of overzealous investors. 🚀

CoinGlass, an on-chain analytics firm, has reported that FLOKI’s Open Interest (OI) has surged a ridiculous 117% to $85.56 million at the time of writing. This marks its highest level in the past year! 🚀

The major liquidation levels were $0.000121 on the lower side and $0.0001414 on the upper side. At these levels, traders are in deep, with $1.55 million worth of long positions and $781K worth of short positions. A clear indication that traders are holding onto their bullish bets with both hands. 🤑

Meanwhile, whale transactions between $100K and $1 million have skyrocketed by a staggering 2,633.33%, as reported by IntoTheBlock. It’s enough to make one ask:

 Is now the time to buy in and ride this wave, or has the party already ended? 🕺💃

At press time, FLOKI remains as strong as a lion, priced at $0.0001316, having risen 32% in the past 24 hours. 🙌

During this period, investor participation has gone through the roof, leading to an astonishing 450% surge in trading volume, which now stands at a hefty $823.65 million. 💥

Floki Inu Price Action and Key Levels to Watch

According to AMBCrypto’s technical analysis, FLOKI is currently in a bullish uptrend, having just broken free from a strong resistance level at $0.000115. A victory, no doubt, but it now seems to be consolidating sideways, waiting for its next move. 🧐

If the rally continues, FLOKI could climb another 20%, possibly reaching $0.000162 and even $0.000205. Yet, caution is urged, for with its RSI at 77, the coin is dangerously overbought. A correction might be lurking just around the corner. Stay alert, folks. 🧠💡

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2025-07-18 01:15