2026-01-02 18:30:28

Large cap meme tokens have been showing impressive momentum over the past several days, catching traders' attention across the board.

FLOKI in particular is staging a notable comeback attempt. For the first time since October, the token is approaching its 50-day moving average—a critical level many technicians watch closely. What's more significant is the daily RSI indicator, which has also climbed back above 50 for the first time in months, flashing a potential shift in momentum.

When both price action and momentum indicators align like this, it often signals renewed buying interest. Whether this setup leads to a sustained recovery or just a temporary bounce remains to be seen, but the technical setup is certainly worth monitoring for those tracking these large cap meme plays.

FLOKI12,76%

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AirdropHarvester

· 2h ago

Has Floki really bounced back this time? It has touched the 50-day moving average, and the RSI has also turned around. It feels like it's about to take off. Wait, this might be another fake breakout... It was the same last time. When Bitcoin drops, everything is ruined. Don't just look at these indicators. Meme coins are just gambling, they come and go for quick profits. What’s the use of breaking through the 50-day moving average? Without volume, it’s useless. Can you buy when RSI is above 50? Bro, you’re overthinking it. Is this really the real deal or are they just trying to cut the chives again? Floki should have rebounded long ago; it’s been suppressed for too long. The technicals look good, but all the holders are losing money... I just want to know if institutions are accumulating.

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PancakeFlippa

· 2h ago

Is Floki about to take off again? I'm going all in and waiting for it to double.

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LiquidationKing

· 3h ago

Floki doesn't seem very stable this time, wait until RSI breaks 60 before considering --- Has the 50-day moving average been touched? Let's see if it can hold, if it breaks, it will continue to fall --- The technicals look good but don't be fooled, a rebound is an opportunity to sell off --- Bitcoin hasn't even moved up yet, why should altcoins rebound? --- Getting excited when RSI returns to 50 is a bit unreasonable --- Wait and see, it's too risky to enter now, brother --- Floki is trying to scam again, I remain skeptical --- Really? I've seen too many of these rebounds --- What's so great about the 50-day moving average? Only when it returns to the high can it be considered valid

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SnapshotBot

· 3h ago

FLOKI this time is interesting... The 50-day moving average and RSI both broke below support. It indeed looks like a rebound, but I'm worried it might be just a fleeting moment.

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AirdropHunter007

· 3h ago

FLOKI's rebound this time, can it hold? ...Feels like another trap to lure in buyers --- Why is the 50-day moving average so sacred? What happens if it breaks? --- Does RSI breaking 50 mean a crash? It always happens like this --- Damn, they're using this technical setup again, let's just wait for the chives to be harvested --- The recent meme movements in the market have indeed been quite active these days, but I still don't believe this can last --- If FLOKI really manages to come back, then there's something wrong, don't overthink it --- Huh? RSI is rising? Then I'll set up an ambush, it should drop soon --- I'm already tired of this kind of trend, let's wait until there's real trading volume before making a move

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