FLOKI has experienced a dramatic price surge, gaining over 40% in daily trading and 41% weekly, with trading volume exceeding $1.16 billion. The rally stems from three key catalysts: a rare triple bullish EMA crossover (20-day above 50-day and 100-day), indicating strengthening momentum; a confirmed breakout from a falling wedge pattern historically linked to sustained rallies; and reduced sell pressure as on-chain Age Consumed metrics show dormant holders aren't moving tokens despite the price increase.
Technically, FLOKI is trading at $0.000132, with analysts identifying critical resistance at $0.000143 (7.5% above current levels) and $0.00028. A break above $0.000136 could trigger a 25% surge toward $0.000164, while holding the $0.000102 support maintains bullish structure. Chartists like Javon Marks project a potential 100% rally to $0.00027 if momentum sustains, citing analogous wedge breakouts in FLOKI's price history.
Regulatory tailwinds emerged as FLOKI became the first cryptocurrency with an ESMA-approved MiCAR-compliant white paper, filed by regulated exchange LCX. This milestone enables trading across all EU-compliant platforms under the Markets in Crypto-Assets Regulation, broadening institutional access.