Cryptocurrency analyst Master Kenobi presented a master plan indicating this flocks (phlox)a dog-shaped meme coin, is on the verge of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have seen notable price spikes in the past, Floki prices are expected to rise by at least 1,100% in the first quarter of 2025.
Floki pump set to reach 1,100% in Q1 2025
In the last X (formerly Twitter) mailMaster Kenobi expressed optimism Future price predictions for Floki. 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 showed recurring bullish patterns about a year apart. During each year, prices begin to pump dramatically after a period of consolidation, which is marked by red arrows and purple rectangles on the chart.
Kenobi highlighted that during the 2021 price pump, Floki rose 92x after undergoing a stabilization period lasting approximately 112 days. After this pump, the memecoin experienced a Massive decline By about 98.5% before stabilizing slightly and starting another round of consolidation.
Over the past few years, Floki price It has risen significantly, and has seen an uptrend similar to its pump trend for 2021. Chart data shows that the meme coin rose 11X in 2022 and 22X in late 2024.
Based on this recurring uptrend, Kenobi indicates that Floki is approaching the breakout zone where he is located The price could rise to new highs This course. The analyst expects at least a 10X to 11X pump for Floki by Q1 2025.
Yellow rectangles on the chart indicate a critical time frame before a major breakout occurs, with a major price jump often occurring after 112 or 140 days of consolidation. If previous trends continue, Kenobi expects Floki to see a breakout in two weeks if it consolidates for 112 days or in early February if it holds for 140 days.
Looking at the chart analysis, each Floki cycle recorded a massive price pump, with an upward movement that lasted about 35 days. Following recurring historical trends, a similar time frame is expected for the projected Kenobi ratio of 1100% Price breakout for Floki.
According to CoinMarketCap, Floki’s price is currently trading at $0.000169, reflecting a 25.4% decline over the past week. Despite this downtrend, if Floki can rise 1,100%, it will push its price to $0.00185, representing New all-time high.
Macro indicators and RSI
In addition to historical data, Kenobi revealed macro indicators such as the Floki Index Relative Strength Index (RSI) Add credence to his Floki price forecast of 1,100%. Historically, when the RSI reached similar levels after each consolidation phase, Floki followed up with a pip Explosive price action.
This consistency between previous trends, technical indicators, and… Floki price behavior It reinforces the analyst’s confidence in his bullish forecast of an 11X rise by the first quarter of 2025.
Featured image created with Dall.E, chart from Tradingview.com