@hunt4crypto
Assessing Flock AI token’s 140% rally in 7 days – When will it stop?
FLOCK token has surged over 140% in the last week, driven by interest in decentralized AI and crypto treasury trends. The recent increase includes a 49% jump amid Bitcoin's decline and follows notable partnerships, including one with Alibaba Cloud and HKGAI. Flock's decentralized AI training model contrasts with centralized models, emphasizing user-owned training. The project is attracting partnerships focused on utility rather than speculation, indicating a shift in crypto treasury strategies. However, technical indicators show FLOCK is overbought, suggesting a potential cooldown may occur after this rally. Key support levels are identified at $0.32, with resistance at $0.50, as liquidity pools are located around $0.40 and $0.45. Overall, the strong fundamentals may sustain interest, but short-term price adjustments are likely.
0 reply
0 recast
0 reaction