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The Hawk Tuah price pumped 11% in the last 24 hours to trade at $0.0003257 as of 6:15 a.m. EST as traders go long on the crypto.
The surge by the HAWK price comes after Hailey Welch, who is known as the Hawk Tuah Girl after her viral “Hawk Tuah” catchphrase, said the FBI and SEC have cleared her of any illegal activities related to her meme coin launch.
Initially, the token soared to a market cap of $400 million after launch, but plummeted over 90% shortly thereafter. This prompted investors to allege the meme coin launch was manipulated by insiders.
Hawk Tuah Price Overcomes Resistance, How High Can It Go?
4-hour chart for HAWK/USD (Source: GeckoTerminal)
The Hawk Tuah price was able to break above a resistance level at $0.0003175 in the last 24 hours, according to data from GeckoTerminal. If the meme coin continues to rise in the next few hours, it might try to overcome the next major barrier at $0.0003402.
However, a drop back below the recently-breached $0.0003175 mark could invalidate the bullish thesis. In this more bearish scenario, the Hawk Tuah price might fall to the key support at $0.0002942. In an extreme case, HAWK could end up plunging to as low as $0.0002797 in the short term.
Bulls Might Push The Hawk Tuah Price Up Higher In The Next 24 Hours
Looking at technical indicators on the 4-hour chart, buyers seem to still be in control, but a slight correction might be in the cards for the Hawk Tuah price. Traders will want to keep an eye on the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI).
During the rally by the Hawk Tuah price, the MACD line crossed above the MACD Signal line. This technical development is often seen as an indication that a crypto has entered a positive trend. With the gap between the two lines growing, it seems HAWK’s bullish momentum might be picking up steam.
The RSI has also soared from below 50 to the mid 60s in the last 24 hours, signaling strong buyer strength. While the current reading below 70 suggests the Hawk Tuah price still has room to climb before it enters overbought territory, the downward slope of the RSI warns a slight pullback might be looming.
Given the bullish momentum signaled by the MACD on the 4-hour chart, any pullback in the Hawk Tuah price might be temporary before another leg up.
While technicals continue to flash bullish for the Hawk Tuah price, investors are also rushing to buy a new meme coin rival called MIND of Pepe (MIND) before its presale ends in less than 10 days.
According to popular YouTube channel 99Bitcoins, which has over 723K subscribers, MIND has the potential to soar 10X after launch.
MIND Blends AI With Meme Coins – Best Crypto To Buy Now?
MIND of Pepe is a new meme coin project that aims to take the market by storm. To do this, the project comes armed with meme coin appeal and high levels of utility.
At the heart of the project is a cutting-edge AI agent that is capable of spotting new trends in the market as they emerge.
The intelligent computer model, which went live on X earlier this month, monitors social chatter online and on-chain activity in real-time. If it detects a change in trend, it immediately notifies MIND holders through token-gated groups, giving the project’s backers an edge over others in the market.
Beyond that, the MIND of Pepe AI can even launch its own tokens that align with each new trend that is identified. It then promotes these tokens online, trades them, and reinvests any profits back into MIND, all autonomously.
With each new token it creates, the AI also lets MIND holders buy-in early, positioning them for potential parabolic gains.
MIND’s Blockbuster Presale About To End – Less Than 10 Days Left
MIND of Pepe has managed to raise over $9.7 million through its presale so far, signaling strong investor confidence in the project’s future. This buying frenzy could go into overdrive soon, with just over a week left until the meme coin’s highly-anticipated launch.
Selling for $0.0037515, the meme coin can be bought with either ETH, USDT, BNB, USDC or bank card. Tokens can also be staked for an attractive 234% APY.
Buy now before the presale ends in less than 10 days.
Visit the MIND of Pepe website.
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