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Popular memecoin could be in for a very interesting short-term on the price charts now.

The meme coins have noted massive volatile trading lately amid a broader crypto market downturn. Notably, top players in the segment like DOGE, PEPE, SHIB, FLOKI, and others have also gone through a topsy-turvy lately, sparking market concerns.

An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes two top memecoins are setting the stage for breakout rallies. Pseudonymous analyst Bluntz tells his 316,100 followers on the social media platform X that memecoin Floki (FLOKI) appears to be flashing bullish reversal signals on the daily and four-hour charts.

Against the backdrop of a broader crypto market recovery sentiment brewing, Floki price remains much eyed by investors as renowned crypto analysts forecast a bullish outlook for the token. Notably, market experts ‘Ali Martinez' and ‘Bluntz' have recently predicted that the dog-themed meme coin awaits a massive price breakout in the coming days.

The Binance season is here! The Binance ecosystem tokens, BinanceCoin (BNB) & Pancakeswap (CAKE), skyrocketed, leaving the major cryptos behind. The BNB price surged above $700 with over a 15% rise and flipped Solana to become the 5th largest crypto after BTC, ETH, XRP, & USDT.

Crypto prices bounced back this week even after the US published strong inflation data, raising concerns that the Federal Reserve will maintain higher interest rates for longer. Bitcoin price held steady above the support at $96,000, while the total market cap of all coins jumped to over $3.2 trillion.

Floki (CRYPTO: FLOKI) has been in a prolonged downtrend, leading traders to question whether market makers or retail investors are behind the bearish price action. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Floki (CRYPTO: FLOKI) $0.00009245 $888.9 million -5.3% -6.7% Bonk (CRYPTO: BONK) $0.00001754 $1.35 billion -4.5% -5.5% SPX6900 (CRYPTO: SPX) $0.7209 $671.2 million -7.6% -7.8% Trader Notes: Trader Master Kenobi noted that FLOKI has erased all gains from the past year, with market makers aggressively extracting liquidity.

FLOKI's bullish indicators face resistance due to stagnant network growth and liquidations.

Floki has experienced a surge in buying activity, with its trading bot set to kickoff.

A crypto strategist who has earned the “Master Trader” rank on the digital asset exchange Bybit thinks that it is almost time for memecoins to shine. Pseudonymous analyst Bluntz tells his 315,000 followers on the social media platform X that meme token Floki (FLOKI) is printing a bullish divergence signal on the daily chart.

Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.

The lack of buying pressure meant FLOKI might need a period of consolidation around current lows.

This partnership follows Floki's collaboration with BAD AI, the BNB chain's anticipated AI Agent protocol. $BADAI will launch its token through the TokenFi Launchpad in partnership with Floki.

Floki retreated sharply in January and formed a death cross pattern, risking more downside in February.

A widely followed crypto analyst says that one rival of dog-themed meme assets Dogecoin (DOGE) and Shiba Inu (SHIB) is repeating a move it did previously that caused it to spark a 200% rally.

The global crypto market cap stands around $3.58 trillion, down by 0.13% in the past 24 hours at the time of writing. Daily trading volume for the entire market fell 22% to around $107 billion in this period. According to CoinMarketCap, Bitcoin dominance was at 57.

January was a highly volatile month, with many top meme coins facing heavy selling pressure amid broader market bearishness. However, a select few defied the trend and saw significant gains.

With whales accounting for 72% of FLOKI's supply, this selling activity could stir a volatility.

The market condition has once again turned bearish, causing moat cryptos to witness price drops, and Floki Inu (FLOKI) isn't an exception. To be precise, the dog-based meme coin's value plummeted by over 10% in the last 24 hours.

Crypto speculators are eyeing BeerBear, with experts predicting $100 could turn into $15,000, surpassing FLOKI and ADA. #partnercontent

Floki has surged by 4.17% over the past 24 hours amidst a strong upward momentum.

With 80% of its election gains wiped out, keeping HODLers locked in is more crucial than ever.

Major coin holders are turning their attention to Catzilla, a rising meme coin that's sparking curiosity and speculation about its potential in the crypto world. #partnercontent

FLOKI may have entered a long-term downtrend after the 50-day SMA crossed below the 150-day SMA.