CandleFocus HEX Price Riding High: Is A Bull Rally Looming Beyond $0.03000
2024-09-22
Author: Content Editor
The price of HEX (HEX) cryptocurrency has been trading bullish, bouncing back strongly since 12 September. This has increased the likelihood of a breakout. In order for the bullish trend to continue, the HEX price must surpass the 200-day EMA level. The recent surge in price has sparked discussions about the sustainability of the upward move and has been fueled by improved market sentiment and increased buying activity. The RSI indicates bullish momentum for HEX, and the price action suggests that buyers are in control and may surpass the next resistance level of $0.0300. The surge in price is also supported by a rise in investor confidence and a significant increase in the number of addresses and transactions involving HEX. The immediate support levels for HEX are $0.002270 and $0.002000, while the upside resistance levels are $0.002800 and $0.003000.
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