Riding the Bull: HEX Price Action Sparks Optimism for Extended Rally

10-01-2024 By: Lokesh Gupta
Riding the Bull: HEX Price Action Sparks Optimism for Extended Rally

HEX price surged by 50% ahead of Spot Bitcoin ETF approval

  • According to HEX Price Prediction, After a three-month downtrend on the daily chart, HEX broke above the descending trendline.

  • Bullish signals are evident in the HEX crypto chart, with trading above major trend EMAs and increased buying volume.

  • The HEX Price is currently in a bullish trend, supported by the RSI moving above 70, indicating overbought conditions and potential for continued upward movement.

  • Strong bullish behavior in HEX price is observed, with a 100% rise in the last three days, signaling support from the bottom.

  • The current market data indicates a 50% intraday rise, with HEX's market price at $0.008400.

  • If the HEX crypto price closes above $0.009000, it may further rise towards $0.012500 and $0.020000.

KEY LEVELS :

RESISTANCE LEVEL : $0.012500-$0.020000

SUPPORT LEVEL : $0.0060000-$0.0040000

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

WHAT'S YOUR OPINION?
Related News
Related Blogs