The Memecoin Floki Rockets were 12.1% in a 24-hour meeting, with massive sales rising from $0.0000815 to $0.0000915, while the broader Coindesk 20 Market Index rose only 1.4%.
The transaction range reached $0.0000136, and in the accelerated price action, the trade range was 16.8%, especially on July 8 at around 13:00-16:00.
According to the model, Floki is crushed through multiple resistive barriers. The volume exploded at 16:00 UTC to 274.1 billion tokens, five times the average 58.4 billion hours of the 24-hour average.
The strong support achieved in the 12:00-13:00 UTC time range is $0.0000851. This built-in launch pad breaks over $0.0000880 resistance. This continued momentum, coupled with increased trade volume, signaling agency accumulation and potential bullish sentiment.
The move comes amid news that Floki officially launched Valhalla last month, a blockchain-based game inspired by Nordic myths. The game’s gameplay to off-road economy is built around Floki tokens, which make money by completing in-game tasks and winning battles.
Technical analysis highlight
- According to technical analysis from Coindesk Research, the price ranges from $0.000082 to $0.000092, representing a 12% gain in 24 hours.
- The number spike reached 274.1 billion tokens at 16:00, almost five times the average.
- Critical blocking fractures exceeded $0.000088 and confirmed strong.
- Support established during the 12:00-13:00 merge phase is set to $0.000085.
- During the last hour of the rally, the new meeting high was $0.000092.
- Continuous buying pressure remains above the psychological level of $0.000090.
