The following analyst believes that the Meme token Floki (Floki) is preparing for rallies on the way to fresh record maximums (ATHS).
The Bluntz pseudonymous analyst tells its 306 200 subscribers on the X social networks platform, which Floki seems to have completed the ABC correction on daily schedule.
“Floki is another major meme, looking like a turbo, in my opinion, and goes to ATHS.
The price action from the November maximums, looking as another high term with a new impulse, looking, ATH, in my opinion, is inevitable. ”
Based on the trader’s graphics, he seems to predict that Floki grew up to 0,0004 US dollars in March in the near future. At the time of writing, Floki costs $ 0,0002.
The analyst also watches the US dollar index (DXY), which traders use as a barometer for the risk of investors. According to Bluntz, DXY looks bearish after respect for the key level of Fibonacci resistance and the ABC Correction Correction up. Now he expects the index will fall below 100.
“DXY looks at the top, hit 108, as I expected, did not know a large level of 0.618 and looks like a long slow ABC after impulsive movement to a lack.
The results of the assets rose very well, while DXY was pumping up, which was illogical.
I think we are starting to return below 99 in 2025. ”
The poor DXY diagram, as a rule, suggests that investors unload their US dollars to accumulate risk assets such as cryptography and promotions. At the time of writing, DXY is soared in 108.
Generated image: midjourney
