FLOCK Breaks Out with $1.40 Target as CIMG Partners

FLOCK Breaks Out with $1.40 Target as CIMG Partners

The post FLOCK Breaks Out with $1.40 Target as CIMG Partners appeared on BitcoinEthereumNews.com.

Key Insights: Flock.io’s partnership with CIMG Inc. boosts $FLOCK’s growth, targeting $1.40 after a breakout pattern. Analyst projects $FLOCK to double in value as its 5th wave surge is expected soon. $FLOCK sees upward momentum with CIMG planning to add token to its digital asset treasury. FLOCK Breaks Out with $1.40 Target as CIMG Partnership Fuels Uptrend FLOCK, the token associated with the Flock.io project, has recently seen significant movement. The latest surge is linked to the growing partnership with CIMG Inc., a public company focused on digital health. This collaboration is driving optimism about the potential for further growth and expansion. CIMG Inc. and FLOCK.io Partnership According to analyst ali_charts, the breakout of the cup-and-handle pattern on the chart suggests an upward price movement for $FLOCK. The pattern typically indicates a rally after the breakout, and analysts predict a target price of $1.40.  The expansion of Flock’s operations into the consumer health sector could play a crucial role in this price surge. This shift is expected to increase demand for the token as the project diversifies its market focus. Potential Price Surge | Source: X Ali_charts stated that, CIMG is considering adding $FLOCK to its treasury because its operations require it. This potential move highlights the growing integration of blockchain-based assets into traditional markets. By utilizing Flock’s technology and token, CIMG could further solidify the connection between the two worlds, facilitating broader adoption of Web3. Market Performance and Price Movement However, FLOCK’s market performance has caught the attention of traders. The token is currently priced at $0.362493 USD, with a 24-hour trading volume exceeding $160 million. However, it has experienced a 19.90% drop in the last 24 hours. Despite this short-term decrease, the overall trend points to strong upward potential.  As indicated by analyst Eth527, the Flock.io project, despite…