Cryptoanalyst Master Kenobi has presented a master plan, suggesting that Herds (FLOKS)a dog-themed meme coin, is on the brink of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have seen notable price increases in the past, Floki is projected to soar by at least 1100% in the first quarter of 2025.
Floki prepares for 1,100% pumping in the first quarter of 2025
In a recent X (formerly Twitter) mailMaster Kenobi expressed optimism about Floki Future Price Outlook. He based his forecasts 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 bullish patterns about a year apart. During each year, a major price rise began after a period of consolidation, marked by the red arrows and purple rectangles on the chart.
Kenobi highlighted that during the 2021 price surge, Floki increased 92 times after going through a consolidation period of approximately 112 days. After this pump, the meme coin experienced a massive drop of around 98.5% before stabilizing slightly and beginning another round of consolidation.
In recent years, the floki price has risen significantly, experiencing a similar bullish trend as its 2021 bomb. The chart data shows that the meme coin rose 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 his price could skyrocket to new highs this cycle. The analyst projects a minimum pump of 10X to 11X for Floki by the first quarter of 2025.
The yellow rectangles on the chart indicate a critical time period before a major breakout, and a significant price jump often occurs after 112 or 140 days of consolidation. If past trends hold, Kenobi predicts that Floki could see 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, in each cycle Floki recorded a massive price increase, with the upward movement lasting approximately 35 days. Following recurring historical trends, a similar timeline is anticipated for Kenobi’s projected 1,100%. price breakout for Floki.
According to CoinMarketCap, the price of Floki is currently trading at $0.000169, reflecting a 25.4% drop over the past week. Despite this bearish trend, if Floki can rise by 1100%, it would push its price to $0.00185, marking a new all-time high.
Macro and RSI Indicators
In addition to historical data, Kenobi has revealed that macro indicators like Floki’s Relative Strength Index (RSI) add credibility to your 1,100% price forecast for Floki. Historically, when the RSI reached similar levels after each consolidation phase, Floki followed with a explosive price action.
This coherence between past trends, technical indicators and Floki price behavior It further strengthens the analyst’s confidence in his bullish prediction of an 11x increase by the first quarter of 2025.
Featured image created with Dall.E, chart from Tradingview.com
