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Hex Price Prediction: HEX Pumps By 18%, But New Altcoin TG.Casino Is Set To Rival It

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The Hex price is up 18% today to $0.0089 at 8:15 am EST, continuing the bullish “Uptober” surge.

After a rejection from a resistance level at $0.01160, Hex’s price pulled back as investors anticipated a significant move north. If this proves to be true, an entry around the $0.00790 support level could be a good entry point ahead of the prospective surge.

It is rallying alongside other altcoins like The Sandbox (SAND), Gala Games (GALA), and Axie Infinity (AXS), which are up 10%, 12%, and 15% respectively.

Hex Price Prognosis As HEX Chart Shows Strong Pump Game

After finding support at $0.00790, Hex’s price is in a recovery rally, trying to reclaim the 35% ground lost in the latest fall. Based on the technicals, this is plausible, save for the supply barrier (supply zone) extending from $0.00909 to $0.01115. This zone is characterized by aggressive selling as many sellers populate the area.

For a confirmed uptrend, therefore, Hex price must shatter past this zone, recording a decisive daily candlestick close above its mean threshold at $0.01012. A break and close above the upper boundary of the order block would render it a bullish breaker, potentially sending HEX further north to collect sell-side liquidity above $0.01160.

In a highly bullish case, the uptrend could extend into the $0.01400 psychological range, with the prospect of tagging the 200-day Exponential moving average (EMA) at $0.01591.

Regarding the technicals, the Relative Strength Index (RSI) is still above 50 after a striking pullback coming on the back of an overbought asset. However, it has deviated from the southbound motion, moving north again. This shows momentum is still rising as bulls feel rejuvenated.

The Awesome Oscillator (AO) is also in the positive territory, as is the Moving Average Convergence Divergence (MACD) indicator. This shows bulls are leading the HEX market.

HEX price
TradingView: HEX/USDT 1-day chart

On the other hand, a rejection from the lower boundary of the supply zone at $0.00909 or its mean threshold at $0.01012 could send Hex price south. This could see the altcoin lose the critical support at $0.00790 or lower, moving below the support offered by the 100-day EMA at $0.00747. In the dire case, the slump could send HEX to test the 50-day EMA at $0.00560 or, worse, test the support floor at $0.00283.

Meanwhile, TGC is offering a better outlook, with the potential to rival HEX.

Promising Alternative To HEX

TGC presents as a possible alternative for HEX, presenting a Telegram casino presale token with a promising return on investment for early entrants. It is the powering token for the TG.Casino ecosystem, is “an exclusive place for online, anonymous crypto gambling,” citing an excerpt from the website, which adds that it is “fully licensed and 100% safe.”

TG.Casino gives investors the best online casino games, sports books, and more. The project is also committed to developing an ecosystem where loyalty is valued. This echoes the project’s dedication to TG.Casino, which allocates part of the casino revenue through buybacks for the TGC token. Play, earn, and be rewarded!

Investors looking to buy TGC can use Ethereum (ETH), Tether (USDT) stablecoin, or a bank card. The token is selling for $0.1375, with 62.34% ($1.558 million) sold so far out of the $2.5 million target.

Interested investors only have a day to buy TGC at the current rate before the price increases.

Visit TG.Casino to buy TGC tokens in the presale here.

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