FLOKI is currently trading at $0.00004609, reflecting a 2.18% increase over the past 24 hours. The daily price range has been relatively tight, with a low of $0.00004498 and a high of $0.00004656, indicating moderate volatility.

The trading volume stands at approximately 34,982,515, corresponding to a volume-to-market cap ratio of 7.87%, which suggests healthy trading activity but may also indicate liquidity challenges. The hourly moving averages reveal a positive trend in shorter time frames, with the 8 SMA, 13 SMA, and 21 SMA all showing slight increases, while the 144 SMA has declined by 6.38%, indicating mixed signals across different time horizons.

The RSI metrics present a bearish sentiment, with a 1-hour RSI at 48 and a 7-day RSI at 46, both hovering near neutral territory. The 7-day price change reflects a decline of approximately 13.38%, while the 14-day and 30-day changes show steeper declines of 27.62% and 37.48%, respectively, emphasizing the ongoing downward trend.

FLOKI’s all-time high remains significantly distant at $0.00034495, achieved earlier in June 2024. This suggests that the cryptocurrency has substantial room for growth, but the current technical indicators and recent performance trends highlight ongoing downward pressure.

Given the mixed signals from moving averages, bearish RSI readings, and significant declines over the past month, the current market sentiment appears cautious. Therefore, the recommendation for FLOKI is to Hold, as potential recovery hinges on improved volume and stabilization above key moving averages.