Floki Inu Price Prediction

Source: Cointelegraph

In this article, we will discuss some of the basics behind Floki Inu. You’ll learn about its charts paired with USDT and BNB as well as ETH. This may give you an idea of what to expect from their community’s plans for growth.

Floki Inu is new crypto that was earlier launched with little fanfare in September. The launch went off without any hitches. After that, it became clear why Flokis had been enjoying such a rapid price rise over recent weeks. Buyers from outside their ecosystem flooded into the market and caused slippage on DEXs and some CEXs, including Gate.io, MEXC & LBank.

Fundamentals of Floki Inu

Floki Inu has formed an official partnership with a Million Gardens Movement, run by Kimbal Musk. The goal of this organization is to improve food security and fight other global issues.

Floki Inu is working on three flagship projects:

  • Valhalla, an NFT gaming metaverse.
  • FlokiPlaces, an NFT and merchandise platform.
  • Floki University, a content/education platform.

The Floki Inu token can see a massive increase in the number of holders. And price if they keep on accomplishing their marketing goals. Currently, there are about 25,000 people that own Floki Inu as per CoinMarketCap. But with 110 thousand more across all platforms.

Let’s explore the charts to understand the future outlook of the coin.

Floki Inu/USDT

From the charts, Floki Inu is trying to break out of an ascending triangle.

You can see the first signs in September with a nice rise in both price and volume. By mid-September, many buyers were entering the market, raising prices to new heights.

The price became bearish after a few days but reverted to a steady climb with a slow momentum.

You can see on the 4H chart that a new all-time high is seen. FLOKI is still trading in this range. And if it finds support here, we may be looking at one of those best situations for bulls as they continue their journey towards higher prices.


The Floki inu is also available on PancakeSwap, where most of the retail money flows. This means that it’s wise to look at their chart since BNB users need to hold them to buy other tokens.

The chart of FLOKI/BNB looks like the FLOKI/USDT breakout we saw with Floki on September 11th. At first, you have an accumulation range followed by a massive spike up. And then some consolidation before another push higher, which lasted for days following this moment. It formed a clear top as it kept testing resistance over again after formation. While also creating close readings around previous lows during these ranging sessions.


Lastly, you get to see the chart of Floki Inu (FLOKI) versus Ethereum. You can trade Flokis for wrapped ETH on Uniswap.

The chart above shows the price of Wrapped Ether over time. As you can see, an all-time high is yet to be seen against this currency’s value at only .618xFibo Retracement Zone Marked With Orange.

The FLOKI currency pairs are struggling against the downsloping resistance and .236 Fibonacci level. If Vikings can break above here, new highs should be on tap for them.