The Hoge Finance price prediction shows that the coin is following the two-straight bullish day as the coin heads to the upside.
HOGE/USDT Long-term Trend: Ranging (Daily Chart)
Resistance Levels: $0.000080, $0.000090, $0.00010
Support Levels: $0.000040, $0.000030, $0.000020
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HOGE/USDT is pushing the market price above the potential resistance level of $0.000059 as buyers need to keep the price above the 9-day and 21-day moving averages. The Hoge Finance price could move with strong bullish momentum after a sustainable break above $0.000060.
Hoge Finance Tackles $0.000052 Support; Tamadoge (TAMA) Goes Bullish
Looking at the daily chart, the technical indicator Relative Strength Index (14) prepares to cross above the 60-level as buyers appear to push the Hoge Finance price towards the upper boundary of the channel. Moreover, the Hoge Finance price seems to be struggling around the moving averages, suggesting that the coin could retreat a little bit, before attempting to break higher again.
On the upside, the resistance levels of $0.000080, $0.000090, and $0.00010 may be located as the buyers continue with the movement. In other words, HOGE could retreat below the moving averages if the sellers stepped in, the critical supports may be located at $0.000040, $0.000030, and $0.000020 respectively.
HOGE/USDT Medium-Term Trend: Ranging (4H Chart)
According to the 4-hour chart, HOGE/USDT is currently trading above the 9-day and 21-day moving averages as the coin moves to cross above the upper boundary of the channel to hit the resistance level of $0.000070 and above. But the market price is likely to range-bound around the upper boundary of the channel as the buyers keep the position intact
The Relative Strength Index (14) shows that the market price may shoot to the upside as the signal line stays around the 60-level. On the contrary, if the coin decides to cross below the 9-day and 21-day moving averages; the support level of $0.000052 and below may be located.
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