A long term cup and handle has formed in FLOKI crypto. As you may know this is the meme coin with the same name as Elon Musk's dog. Looking at the chart FLOKI topped in Nov 2021 and then topped in the same price area earlier this year.
It is now forming a handle. When 0.000345 is exceeded, I am expecting an explosion in price to the upside. I have a vertical line representing the cup depth shown. I have cloned that line and put it at the breakout of the cup and handle formation.
The price target for this formation is $0.025. That's about 100 fold the current price. This is the best fold potential I've seen of any alt coin by the end of May 2025.
It is now forming a handle. When 0.000345 is exceeded, I am expecting an explosion in price to the upside. I have a vertical line representing the cup depth shown. I have cloned that line and put it at the breakout of the cup and handle formation.
The price target for this formation is $0.025. That's about 100 fold the current price. This is the best fold potential I've seen of any alt coin by the end of May 2025.
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