Crypto analyst Master Kenobi has presented a master plan, which suggests FLOKIA dog-themed meme coin, is on the brink of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced significant price increases in the past, Floki is projected to skyrocket to at least 1,100% in Q1 2025.
Floki set to pump 1,100% in Q1 2025
Recently in X (formerly Twitter). the postMaster Kenobi expressed optimism about this Floki’s future price prospects. He based his predictions on historical price cycles, which appear to follow a predictable pattern every 365 days.
The analyst shared a chart showing that Floki has displayed recurring bull patterns over a span of about a year. During each year, a significant price pump followed a period of consolidation, marked by the red arrow and purple rectangle on the chart.
Kenobi highlighted that during the 2021 price pump, Floki rallied 92X after a consolidation period of about 112 days. After this pump, Mem coin experience a heavy fall About 98.5% before stabilizing a bit and starting another round of consolidation.
For the past few years, the The price of Floki has increased significantly, experiencing the same bullish trend as its 2021 pump. The chart data shows that Mem Coin will increase 11 times in 2022 and 22 times in late 2024.
Based on this recurrent bullish trend, Kenobi suggests that Floki is approaching a breakout zone where its The price may reach new heights This cycle. The analyst projects at least a 10X to 11X pump for Floki by Q1 2025.
The yellow rectangles on the chart represent a critical time frame before a major breakout, with a significant price jump often following a 112 or 140 day consolidation. If past trends hold, Kenobi predicts that Floki could see a breakout after two weeks if it holds for 112 days or in early February if it holds for 140 days.
Looking at the chart analysis, each cycle floki registered a huge price pump, with an upward movement lasting about 35 days. Following recurring historical trends, a similar timeline is expected for Kenobi’s estimated 1,100%. Price breakout for Floki.
According to CoinMarketCap, the price of Floki is currently trading at $0.000169, representing a 25.4% crash over the past week. Despite this decline, if Floki can rise 1,100%, it will push its price to $0.00185, a landmark New all-time high.
Macro indicators and RSI
In addition to historical data, Kenobi revealed that macro indicators such as Floki’s Relative Strength Index (RSI) Add credibility to his 1,100% price prediction for Floki. Historically, when the RSI reached the same level after each consolidating phase, the floki made a Explosive price action.
This alignment between past trends, technical indicators, and Value behavior of Floki Further bolsters analyst confidence in his bullish forecast of an 11X growth by Q1 2025.
Featured image created with Dall.E, chart from Tradingview.com
