FLOKI Price Surges 20% in 24 Hours After Breaking Key Resistance — Is $0.000101 Next?

FLOKI has gained almost 20% over the past 24 hours, as its weekly gain is now 28%, making it one of the strongest-performing meme coins over that time. This FLOKI price surge follows a breakout above a descending resistance line, implying the beginning of a period with a consistent price increase for the next 12 – 18 months. 

The current FLOKI live price is $0.00006686 with a 24-hour trading volume of $76.47 million. If this momentum continues, FLOKI could target its December 2024 high of $0.000284. FLOKI price would first need to get above the crucial horizontal resistance at $0.000059 to establish a more straightforward path for a possible rally to $0.000101. 

FLOKI Breaks Resistance, Signaling Bullish Breakout

The recent FLOKI price breakout is explained by its break above a descending resistance line that had been tested repeatedly, demonstrating the lack of power from sellers to take the price lower after multiple attempts via traditional support and resistance methods. This FLOKI bullish breakout is evidence of buyer sentiment and the buyers taking over control of the price. There are two technical indicators, Parabolic SAR and Average Directional Index (ADX), that support a bullish sentiment as they indicate a reliable uptrend. In the case of the Parabolic SAR, dots have started to form below the candlesticks, and in the case of the ADX, it has a reading of 21.52, showing that the uptrend is strong.

FLOKI Bullish Chart Points to Potential Rally

The FLOKI bullish chart illustrates a clear breakout above the descending resistance line, with strong volume supporting the move. The chart also shows that FLOKI has reclaimed key support levels, further validating the bullish trend. If FLOKI price surge can maintain this momentum and break above the $0.000059 resistance, it could set the stage for a rally towards $0.000101.

Chart Analysis: FLOKI’s Path to $0.000101

The charts are painting a promising picture for FLOKI. After breaking out of a descending resistance line, the token is now facing a crucial test at the $0.000059 horizontal resistance level. This price point has previously acted as a major barrier, and overcoming it could open up significant upside.

Chart 1 – FLOKI/USDT Live Price, published on TradingView, April 24, 2025.

According to the latest liquidation heatmap, there’s a cluster of unfilled orders between $0.00007 and $0.00007694 — a range where traders have historically shown heavy interest. If FLOKI breaks above this zone, it’s likely to trigger a wave of buy orders, propelling the price higher. A clean breakout could lead to a 45% FLOKI price surge, taking FLOKI Price increase towards the $0.000101 mark, a price level last seen in December 2024. Traders will want to watch volume closely here — sustained momentum and increasing participation will be key indicators that the move is real.

FLOKI Live Price and Market Outlook

At the time of writing, FLOKI’s live price is $0.00006705 for a slight 0.1% gain in the last 24 hours. The daily move is not large, but it comes after a nearly 20% rally during the previous session, with the price showing the presence of buyers but signs of a short-term consolidation following a strong upward move. FLOKI’s market cap is impressive at this time ($588.76 million) backed by a circulating supply of 9.7 trillion FLOKI tokens.

On top of that, both the Parabolic SAR and the Average Directional Index (ADX) continue to have a bullish scenario for FLOKI in place. Overall sentiment for the entire sector remains generally optimistic with caution. With Bitcoin and Ethereum holding at stable levels previously, there is no reason FLOKI or any other meme coins cannot continue to participate in the upward momentum if the trends hold. For now, it appears we will remain focused on resistance zones and continue to look for confirmation of whether bulls can maintain the bullish control territory in critical price zones for FLOKI.

What’s Next: FLOKI Eyes $0.000101 Amid Bullish Momentum

If FLOKI maintains its previous momentum and overcomes the highs at the $0.000059 resistance, this would set up FLOKI to rally towards $0.000101. There do appear to be valid technical signals confirming the FLOKI bullish breakout, particularly increased market interest in FLOKI. However, checking market conditions and key resistance levels will be important to understand whether this FLOKI price movement has longevity.