Crypto analyst Master Kenobi laid out a blueprint, suggesting that Floki (FLOKI)a dog-themed coin, is about to experience a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have seen notable price increases in the past, Floki is expected to skyrocket by at least 1,100% in the first quarter of 2025.
Floki set for 1,100% pump in Q1 2025
In a recent X (formerly Twitter) jobMaster Kenobi expressed his optimism regarding Floki Future Price Outlook. 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 exhibited recurring uptrends approximately one year apart. During each year, a significant price rise began after a period of consolidation, marked by the red arrows and purple rectangles on the chart.
Kenobi pointed out that during the 2021 price rally, Floki surged 92 times after undergoing a consolidation period of around 112 days. Following this pump, the coin itself experienced a massive decline of around 98.5% before stabilizing slightly and beginning a new consolidation cycle.
In recent years, the price of Floki has increased significantly, experiencing a similar uptrend as its 2021 pump. The chart data shows that the meme coin increased 11 times in 2022 and 22 times by the end of 2024.
Based on this recurring uptrend, Kenobi suggests that Floki is approaching a breakout zone where its price could reach new highs this cycle. The analyst predicts a minimum pump of 10-11 times for Floki by Q1 2025.
The yellow rectangles on the chart indicate a critical period before a major breakout, with a significant price rise often occurring after 112 or 140 days of consolidation. If past trends continue, Kenobi predicts that Floki could experience a breakout after two weeks if it consolidates for 112 days or in early February if it stabilizes for 140 days.
Looking at the chart analysis, Floki has recorded a massive price rise in each cycle, with an upward movement lasting around 35 days. Following recurring historical trends, a similar timeline is anticipated for Kenobi’s 1,100% goal. price breakdown for Floki.
According to CoinMarketCap, Floki price is currently trading at $0.000169, reflecting a 25.4% crash over the past week. Despite this downward trend, if Floki could jump 1,100%, it would propel its price to $0.00185, marking a new absolute record.
Macro and RSI indicators
In addition to historical data, Kenobi revealed that macro indicators like Floki’s Relative Strength Index (RSI) adding credibility to his 1,100% price prediction for Floki. Historically, when the RSI reached similar levels after each consolidation phase, Floki followed up with a explosive price action.
This consistency between past trends, technical indicators and Floki Price Behavior further strengthens 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