Floki could erase its 40% gains soon – this is a major reason why

FLOKI’s price, which had increased by 40%, is now signaling a downturn. Recent market activity shows a 9.99% drop within the week, leading analysts to foresee a significant decline as selling pressure mounts.

Key metrics like MACD and RSI indicate a possible correction. Historical data suggest FLOKI could face a steep decline of about 64.5% should current market patterns repeat. The overall market sentiment, however, still holds varied views.