- FLOKI Holders Still in Profit, But Selling Risks Increase: MVRV ratio at 1.24 suggests many holders remain profitable, but profit-taking could increase selling pressure.
- Bearish Breakdown Confirmed: FLOKI recently broke below a key parallel channel, with downside targets at $0.00007294 and $0.00005041 if selling continues.
- Key Resistance at $0.00011: If FLOKI reclaims this level, the bearish outlook could flip bullish, with potential upside toward $0.00017 and $0.00025.
The memecoin market is still bleeding, and FLOKI is no exception. The Market Value to Realized Value (MVRV) ratio for FLOKI currently sits at 1.24, according to IntoTheBlock. This suggests that, on average, holders purchased FLOKI at lower prices than its current market value, meaning many are still in profit.
Historically, when MVRV exceeds 1, it signals a profitable position for holders, which can often lead to profit-taking, increasing selling pressure, especially when prices begin trending downward.
At the same time, IntoTheBlock’s “In/Out of the Money” data reveals that 58.28% of FLOKI holders remain in profit, while a substantial number still hold tokens acquired at lower prices. This indicates resilience among long-term holders, despite recent declines in FLOKI’s price.
Can MVRV Impact FLOKI’s Price?
A sudden spike in MVRV could trigger FOMO, pushing prices up rapidly. On the other hand, a sharp decline might fuel panic selling, dragging FLOKI’s price even lower.
For now, while many holders remain profitable, FLOKI’s MVRV ratio at 1.24 suggests a cautiously optimistic outlook—but further price weakness could shift sentiment quickly.
FLOKI’s Technical Setup—Where’s It Headed?
FLOKI recently broke below a parallel channel, confirming a bearish breakdown that could send its price toward $0.00005. This sideways channel had formed near its Q4 2024 highs, following the previous bullish run.
Currently, FLOKI is trading at $0.00009535, struggling to reclaim $0.00011, which has now flipped into a resistance zone. This level is crucial—it acts as an immediate test following the breakout. If FLOKI pushes past this barrier, the bearish outlook could be invalidated, opening the way toward $0.00014 and beyond.
Key Fibonacci Levels to Watch
Fibonacci retracement levels paint a critical picture for FLOKI’s next moves.
- The 0.618 Fibonacci level at $0.0001055 was tested and rejected, reinforcing bearish momentum.
- If selling pressure continues, FLOKI could slide toward the 0.5 Fibonacci level at $0.00007294.
- Further downside could see FLOKI drop to $0.00005041, aligning with the anticipated bearish target.
- A break below this could send FLOKI tumbling to $0.00003192 at the 0.236 retracement level.
Conversely, if FLOKI manages to reclaim $0.00011, the bearish setup could be invalidated, with price targets shifting to $0.00017 and eventually $0.00025.
Final Thoughts—Where Does FLOKI Go From Here?
Momentum remains weak, making further downside more likely unless buyers step in at key support levels. The next few trading sessions will be crucial—if bulls regain control, a rebound could be on the horizon. Otherwise, FLOKI could be staring at more losses ahead.
