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Technical analysis by Ace-38214 about Symbol GROK on 6/5/2024

https://sahmeto.com/message/3521638
Ace-38214
Ace-38214
Rank: 10741
1.6
،Technical،Ace-38214

Interest in $grok has been building since the start of the year, with Elon Musk having liked no less than 5 memes produced by the grok community on X.The direct influence of notable figures like Elon Musk can have a significant impact on memecoins. His previous history with cryptocurrencies like Dogecoin (DOGE) and Floki Inu ($CRYPTOCAP:FLOKI) demonstrates that even simple gestures such as liking memes can drive investor interest and lead to price surges.With a low to mid market-cap at $95 million, there are substantial gains to be had if momentum builds, and Ethereum strength continues.Initial price target of $0.03, which if hit could project $grok to ath and beyond.Secondary price target of $0.05, which is a 3x from here.After that, with the bull market in full motion, we could see a quick 10x and beyond.

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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$0.015
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