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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

A widely followed crypto analyst says that one rival of dog-themed meme assets Dogecoin (DOGE) and Shiba Inu (SHIB) is repeating a move it did previously that caused it to spark a 200% rally. In a new strategy session, pseudonymous crypto trader Inmortal tells his 227,000 followers on the social media platform X that the last like memecoin Floki’s (FLOKI) Relative Strength Index (RSI) reached the level it did, the crypto asset saw a 4x price increase. “Last time we reached this RSI level we bottomed and pumped 200% One of my fav charts right now.” Source: Inmortal/X An asset’s RSI is a technical indicator used to determine if it is overbought or oversold. FLOKI is trading for $0.000144 at time of writing, a 13.2% gain during the last 24 hours. According to Inmortal, the altcoin cycle has changed so that most tokens will no longer see massive swings to the upside together. Rather, the trader says there will be multiple altseasons where fun...