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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.
"I think this is gonna be a MASSIVE week for crypto" 🤯
Decisive week ahead for crypto?! 🤔👇
I agree @CryptoChat7, this pullback in #HEX & #PulseChain is healthy and just another great opportunity to accumulate more 🫡💰
I'm sooo BULLISH on this Ecosystem! 🚀 pic.twitter.com/oFw5Pbf2OT
— ⬣ Kaisa ⬣ (@KaisaCrypto) October 29, 2023
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.
Daily #cryptomarket review 🚀#Cryptocurrency & #Bitcoin today 👇
📈 Top Crypto Gainers:#AXS – $5.90 (+18%)#HEX – $0.0138 (+15%)#GALA – $0.0205 (+10.9%)
📉 Top Crypto Losers:#STX – $0.628 (-3.6%)#MKR – $1 395 (-3.4%)#BSV – $49.12 (-2.4%) pic.twitter.com/b9787GVMXj
— Dvizh 🇺🇦 (@dvizh_com) October 30, 2023
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.
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!
https://t.co/yhhNjfV8TE Token (TGC) – Native token of the upcoming Telegram-powered crypto casino, with TGC offering huge staking rewards, profit-sharing through a buyback that makes its supply deflationary.
— Van Quan (@Vanquan_titans) October 12, 2023
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.
The $TGC presale is live – your golden ticket to exclusive rewards and benefits from casino profits.
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🪙Token Launch pic.twitter.com/TdHvbI7GV1— TG Casino (@TGCasino_) September 29, 2023
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.
Also Read:
- How to Buy TG.Casino Token – $TGC Presale Review 2023
- Casino Price Prediction – $TGC Price Potential in 2023
- How To Buy TG.Casino On Presale – Alessandro De Crypto Video Review
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