FLOKI price prediction: presenting a parabolic upward structure, multiple technical indicators show signs of "temporary pullback".

Floki (FLOKI) has entered a high fluctuation phase, with its recent price structure showing a parabolic rise, continuously attracting market attention. Multiple technical indicators indicate that, despite intermittent pullbacks, bullish momentum remains dominant. Given that the trading volume and the relative strength index (RSI) indicators reinforce the current trend, market participants are closely following signs of its trend's persistence or weakness. Floki's performance on the daily chart and intraday chart provides critical clues for predicting future movements.

FLOKI price pump supported by trading volume surge and RSI extreme values

The daily chart shows that FLOKI is forming a clear breakout pattern, characterized by a series of rising lows and strong upward momentum. Throughout May and July, the token experienced increasing buying pressure, as indicated by the clustered "B" signals—typically suggesting an entry based on breakout strategies. The recent surge has created a steep vertical uptrend, indicating that the asset is in the later stages of a pump, which is often seen in altcoin cycles.

The technical indicators confirm this parabolic structure. The Relative Strength Index (RSI) is currently at 94.46, indicating that the asset has entered the overbought territory deeply. This level reflects strong momentum but also increases the likelihood of a recent pullback or consolidation. Historically, extreme RSI values can persist during strong rallies, especially in cases of surging trading volume. Over the past 30 days, the average trading volume of FLOKI has increased by 110.98%, confirming that the breakout is supported by substantial market activity, not just speculation.

The indicator has turned bearish, short-term pressure is apparent

Despite the strong mid-term momentum, short-term indicators have begun to diverge. The 24-hour chart from July 29 to July 30 shows that the currency pair continued to decline from the $0.0000125 area, ultimately closing around $0.0001160. The intraday trend shows a series of lower highs and lower lows, which typically indicates bearish sentiment. Although the Trading Volume remains stable, it failed to recover early session prices, indicating profit-taking or a decrease in buyer interest in the short term.

The circulating supply of Floki remains above 9.66 trillion tokens, which naturally increases price sensitivity during sell-off periods. Its market capitalization is currently $1.12 billion, but the ongoing downward pressure within 24 hours raises questions about whether the recent highs can be sustained. The price has failed to break through the key resistance level of $0.000125 and is currently consolidating below that area. If there is no reversal or upward movement, the token may maintain range fluctuations or experience slight declines in the coming trading days.

Technical signals show mixed market momentum

(Source: Trading View)

As of the latest update, the price of FLOKI is approximately $0.00011435, having experienced a daily decline of 1.29%. This drop follows a retreat from a high of $0.00015777, indicating resistance at this level. Although the overall bullish trend remains intact, this pullback may signal the beginning of a short-term retracement phase. Unless strong demand reappears, the market structure may shift into a consolidation pattern.

Chaikin Money Flow (CMF) is currently -0.11, confirming capital outflow and reduced accumulation pressure. This indicator tracks buying and selling activity adjusted for trading volume, reflecting that sellers have begun to dominate recent trades. Similarly, the Bollinger Band Percentage (BBP) has also turned negative at -0.00001516, indicating a contraction in volatility with a directional bias towards the downside. If both of these indicators remain negative, FLOKI may retest support levels around $0.000095 to $0.000105.

Conclusion:

Although the long-term structure appears strong, caution is still required due to discrepancies in short-term indicators. Traders and investors may closely monitor these indicators before establishing new positions. The return of CMF and the expansion of BBP will be early signs of a resurgence, but before that, the likelihood of consolidation seems greater.