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HOOK Teeters on Brink of Explosive 2x Rally! Will It Skyrocket?


by CoinEdition

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  • Captain Faibik observed that HOOK’s candlesticks were continuously hitting the trend line.
  • HOOK is currently trading above the $0.7 level after a 2.33% surge in seven days.
  • RSI’s bearish crossover could be a signal for bearish sentiment over the short period.

Earlier today, crypto analyst Captain Faibik observed that HOOK’s candlesticks were continuously hitting the trend line. However, after some time, the candlesticks were trading below the trend line unable to hit it for some time.

The crypto analyst pointed out that the recent movement by HOOK’s candlesticks could be a sign that it might “successfully break” it this time. He also predicted that if the altcoin breaks beyond the trend line, then, traders could expect a 2x bullish rally.

Hooked Protocol’s governance token is currently trading above the $0.7 level after a 2.33% surge in seven days. At the time of w…

The post HOOK Teeters on Brink of Explosive 2x Rally! Will It Skyrocket? appeared first on Coin Edition.

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HOOK Teeters on Brink of Explosive 2x Rally! Will It Skyrocket?


by CoinEdition

Share:

  • Captain Faibik observed that HOOK’s candlesticks were continuously hitting the trend line.
  • HOOK is currently trading above the $0.7 level after a 2.33% surge in seven days.
  • RSI’s bearish crossover could be a signal for bearish sentiment over the short period.

Earlier today, crypto analyst Captain Faibik observed that HOOK’s candlesticks were continuously hitting the trend line. However, after some time, the candlesticks were trading below the trend line unable to hit it for some time.

The crypto analyst pointed out that the recent movement by HOOK’s candlesticks could be a sign that it might “successfully break” it this time. He also predicted that if the altcoin breaks beyond the trend line, then, traders could expect a 2x bullish rally.

Hooked Protocol’s governance token is currently trading above the $0.7 level after a 2.33% surge in seven days. At the time of w…

The post HOOK Teeters on Brink of Explosive 2x Rally! Will It Skyrocket? appeared first on Coin Edition.

Read the article at CoinEdition

Share:

Share:

Read More

BNB falls below key support as crypto market cap slips toward $3T

BNB falls below key support as crypto market cap slips toward $3T

The decline appeared technical, rather than tied to BNB-specific negative news, and w...
Bitcoin Hashrate Sees Sharpest Post Halving Drop Since 2024 Amid China Machine Shutdowns

Bitcoin Hashrate Sees Sharpest Post Halving Drop Since 2024 Amid China Machine Shutdowns

Roughly 400,000 bitcoin mining machines shut down in China, according to former Canaa...