Dogecoin and Shiba Inu Rival Primed To Explode by 114% in Next Couple of Months, According to Crypto Analyst
A widely followed cryptocurrency analyst believes one Dogecoin (DOGE) and Shiba Inu (SHIB) competitor is gearing up for a huge upside burst. The analyst pseudonymously known as Bluntz tells his 307,800 followers on the social media platform X that FLOKI (FLOKI) is primed to go up by at least 114% from its current level. Based on the widely followed analyst’s chart, it appears he is suggesting that FLOKI has almost completed an inverse head-and-shoulders pattern on the weekly time frame. In technical Analysis , inverse head-and-shoulders patterns suggest that an asset may be poised to rally after printing a bullish higher-low setup with a right shoulder. “FLOKI has been accumulating here for almost a year and working on putting a high-time frame right shoulder. Its time will come and no doubt makes fresh all-time highs within the next couple of months in my opinion.” Source: Bluntz/X FLOKI is trading at $0.000161 at time of writing, down by 53% from ...