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Cryptocurrency News Articles

Crypto Analyst Explains Why FLOKI Price Will Experience a Parabolic Pump, Reveals Timeline for Major Rally

Nov 28, 2024 at 09:00 am

Crypto analyst Master Kenobi shared his latest insights on FLOKI's price trajectory, highlighting a significant pattern that suggests an imminent parabolic

Crypto Analyst Explains Why FLOKI Price Will Experience a Parabolic Pump, Reveals Timeline for Major Rally

Crypto analyst Master Kenobi has provided his latest analysis on FLOKI’s price trajectory, revealing a new insight into a major pattern that suggests an imminent parabolic pump.

As previously covered by Benzinga, the analyst had predicted a large FLOKI pump on October 21. However, the anticipated move was delayed by three weeks due to the U.S. elections impacting the markets. Despite the delay, Kenobi maintains that the eventual pump validates his macro pattern analysis.

Now, returning to his analysis, the analyst outlines two possibilities for the upcoming major FLOKI pump. His conservative estimate suggests that the large pump will occur around February 10. However, based on his analysis, Kenobi believes that the actual movement will begin much earlier, predicting a mid-December pump.

Two market indicators that support his accelerated timeline include:

Also Read: Ethena (ENA) Price Explodes Out of Accumulation Phase – Could It Hit New All-Time Highs?

Master Kenobi also highlights his deep understanding of FLOKI, extending beyond technical analysis. As the founder of several projects himself, the analyst is committed to providing the community with ongoing updates as significant developments continue to emerge.

This analysis has garnered attention within the RealFlokiInu community, with the analyst encouraging community members to share his insights through retweets for wider reach.

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News source:captainaltcoin.com

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