FLOKI (FLOKI) Mimics 2017 and 2021 Bull Market Patterns, Analysts Anticipate a 35-Day Pump Sequence

FLOKI has demonstrated remarkable resilience, rebounding from a sharp dip during the broader market drop two days ago. After retesting its December 2024 level, it swiftly recovered

Key Takeaways

FLOKI price has shown remarkable resilience, quickly recovering from a sharp dip during the broader market sell-off two days ago. After retesting its December 2024 level, it swiftly bounced back up, coinciding with market optimism following the latest CPI announcement. This pattern aligns with trends observed during past bull markets in 2017, 2021, and now potentially in 2025.

Relative Strength Index (RSI) highlights meme coin’s comeback, recovering significantly from the recent dip. RSI now hovers near its moving average, suggesting a potential bullish crossover.

Notably, the time elapsed from the recent low aligns with a 29-day pattern seen last year, hinting at the start of a 35-day pump sequence. Analysts speculate that this movement could gain traction before or just after January 20, signaling a pivotal moment for the cryptocurrency.

A closer look at FLOKI’s chart reveals interesting patterns rooted in historical trends. Adjustments to the 112-day sequence, initially disrupted by external factors like November 2024’s U.S. elections, now align seamlessly with the 140-day cycle observed last year. These recalibrations reaffirm FLOKI's adherence to its historical trajectory without significant deviations.

The cryptocurrency remains confined within its typical blue rectangle phase—a range that has dictated its cyclical behavior. Currently situated in the lower portion of this range, FLOKI mirrors past performance where substantial upward movements followed similar positions. Analysts are optimistic that a massive pump could commence by the end of January, barring any unforeseen disruptions.

While historical patterns and adjusted timelines suggest bullish prospects, the inherent unpredictability of the market remains a factor. FLOKI's position within its blue rectangle phase bolsters confidence, as previous cycles within this model have consistently avoided breaking below this range. However, observers caution about the potential for false spikes, a phenomenon seen in past cycles and evident once again.

As the crypto market steadies and attention turns to the upcoming U.S. administration's stance on digital assets, FLOKI's trajectory is under the spotlight. With policy shifts favoring the industry likely on the horizon, the meme cryptocurrency could stand to benefit significantly.

The convergence of technical patterns, historical consistency, and macroeconomic factors positions FLOKI as a project to watch closely in the weeks ahead.