Floki Price Soars 13% to $0.0002587, May Face Short-Term Correction

The Floki price has soared 13% in the last 24 hours to trade at $0.0002587 as of 1:00 a.m. EST on a 125% surge in trading volume to $1.4 billion.

The Floki price has soared 13% in the last 24 hours to trade at $0.0002587 as of 1:00 a.m. EST on a 125% surge in trading volume to $1.4 billion.

Floki Price May Face A Short Term Correction

The FLOKI/USDT pair indicates months of consolidating within a strong support zone between $0.00001200 and $0.00001600. This level has held steady as buyers quietly gathered strength to catapult the prices higher, soaring along a parabolic curve and climbing rapidly toward the resistance zone at $0.00002900.

Both the 50-day and 200-day Simple Moving Averages (SMAs) are trading below the price, signaling that the bulls are firmly in control. The moving averages now seem poised to cross, a moment that could solidify the trend and inspire even more confidence among traders.

FLOKIUSDT Analysis. Source: Tradingview

However, not all signs point to smooth sailing. The Relative Strength Index (RSI) at 70.61 whispers caution as a reminder that the coin has entered the overbought region, where upward momentum often pauses or even reverses.

Now, the coin faces a critical test. The resistance zone at $0.00002900 looms overhead, challenging the rally to prove its strength. If the Floki price can break through, it may set its sights on higher levels, such as $0.00003500, marking a new chapter in its bullish run.

But if the momentum falters, the trend could take a different turn, with the price potentially retreating toward the parabolic base near $0.00002000 or even testing the support of the 50-day SMA.

Best Wallet Presale Smashes Past $630K

Meanwhile, investors who missed out on the Floki price surge are rushing to buy the new token called Best Wallet (BEST), a prominent non-custodial Web3 crypto wallet whose presale has just blasted past $630K in funds raised.

Best Wallet has been created to simplify and improve the world of digital assets using the Best Wallet app. It seamlessly connects investors to innovative projects and positions them ahead in the dynamic crypto market.

It’s complemented by the Best DEX, a decentralized exchange that enables seamless trading, and the soon-to-be-released Best Card, which will make spending crypto as easy as swiping.

But the angle on this ecosystem is the Upcoming Tokens tool. This innovative feature offers users access to presales of promising blockchain projects, paving the way for early investment opportunities like Pepe Unchained (PEPU), a presale that has already captured the market’s attention by raising over $ 42.5 million.

Best Wallet has introduced some dope features for Pepe Unchained Presale buyers.

1. You can now purchase Pepe Unchained Presale directly through @BestWalletHQ by using their Upcoming tokens features.

2. No need to connect to the Pepe Unchained website. Both crypto and Fiat… pic.twitter.com/W0ECfAzB7H

— Pepe Unchained (@pepe_unchained) November 20, 2024

With each feature working together, Best Wallet is transforming the way users interact with crypto, making the complex world of digital assets accessible, exciting, and full of opportunities.

The app also connects users to a decentralized exchange and cross-chain bridges, offering competitive exchange rates for token swaps.

When converting crypto into fiat, the app supports over 100 currencies, including USD, EUR, and GBP, through trusted partners like Alchemy Pay and MoonPay. The process is fast and smooth.

Only 5 days left of the exclusive $BEST presale! ⏳

Hurry and lock in your tokens at the lowest price before they go on general sale. 🚀

This is your chance to secure exclusive early access.

Download the app 👉 https://t.co/he5kzra7TY pic.twitter.com/MfBKS0fUTP

— Best Wallet (@BestWalletHQ) November 20, 2024

Best Wallet users also benefit from reduced fees, early access to new projects, boosted staking rewards, and even daily airdrops. These features have attracted over 25,000 presale transactions, showcasing the platform’s growing appeal.

Right now, investors can buy BEST tokens for $0.02265. But don't wait too long to take action as the price is set to increase in less than 2 days.

To join, download the Best Wallet app, use the Upcoming Tokens tool, and secure your BEST tokens.