Floki
Exchanged in a range wide of 0.0000005422 in the last 24 hours, going from a maximum of $ 0.0000,9435 to a minimum of $ 0.00008913 before settling at $ 0.00008,946, down 1.87%, depending on the Coindek Research technical analysis model.
The volatile token session was marked by a net rally of 4% during American morning hours, followed by an aggressive profit as a resistance formed near the level of $ 0.00009,400. The negotiation volume increased to 95.85 billion tokens at the height of the rally – more than 56% above the daily average of Floki – before regularly decreasing in the American afternoon.
The action of Floki prices coincided with a key step announced by the project earlier during the day. The team has revealed that Floki was listed on Webull Pay, a popular American retail trading platform managed by Webull, which has more than 24 million users. According to the team, the list considerably increases liquidity and expands access to millions of new potential holders, positioning Floki to advance its declared objective of becoming the most recognized and widely used cryptocurrency.
Despite an intra-day weakness and an end of the session, Floki remained above the session. An attempted recovery failed around 0.00009016 confirmed that sellers continue to dominate at higher levels, but the ability of the token to maintain above $ 0.00008900 can suggest an underlying support near this area while the market digests the implications of the webull list.
Strengths of technical analysis
- Floki has shown net directional changes around the main psychological levels between $ 0.00008,900 and $ 0.00009,400.
- Anticipated session gains quickly took place while the volume dried after 09: 00 UTC rally.
- The sale pressure has become dominant above $ 0.00009350 with repeated rejection.
- The final sale broke out below the temporary intra -day support at $ 0.00009,000.
- The volume during the withdrawal phases remained high, indicating the distribution.
- Despite the fence of the decline, the price avoided a deeper ventilation less than $ 0.00008,900.
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