Memecoin Floki Rockets 12.1% in a 24 -hour session, exploding from $ 0.0000815 to $ 0.0000915 in massive quantities, while the wider CoinDesk 20 market index gained only 1.4%.
The trade range hits $ 0.0000136, representing 16.8% volatility, with accelerated price action, specifically around 13: 00-16: 00 UTC window on July 8.
Floki collapsed through many resistance barriers, according to the model. The volume exploded in 274.1 billion tokens at 16:00 UTC, with a 24 -hour average of 58.4 billion.
Strong support of volume material at $ 0.0000851 level during 12: 00-13: 00 TIMEFRAME of UTC. This established launch pad for a breakout above $ 0.0000880 resistance. The sustainable upward momentum, combined with raised trading volume, institutional prompts and potential bullish feelings.
The move was at the heart of the news of Floki officially launching Valhalla last month, a Blockchain -based game -inspired Norse Mythology game. The game’s play-to-earn economy was built around Floki tokens, which players earn by completing game activities and winning battles.
Technical assessments
- Price rockets from $ 0.000082 to $ 0.000092 represent 12% to get more than 24 -hour period, according to CoinDesk’s technical research review data.
- The volume spikes hit 274.1 billion tokens at 16:00, almost five times average.
- Critical resistance of break above $ 0.000088 level with strong quantity confirmation.
- Support established at the level of $ 0.000085 during the period of 12: 00-13: 00 phase of aggregation.
- The new session high of $ 0.000092 achieved at the last time of the rally.
- Continued purchase of pressure maintained above the $ 0.000090 psychological level.
