Is It Too Late To Buy HFT? Hashflow Price Skyrockets 79% And This Might Be The Next Crypto To Explode

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The Hashflow price soared 79% in the last 24 hours to trade at $0.1291 as of 5:00 a.m. EST on trading volume that skyrocketed 553% to $590.17 million.

The HFT price soared over 142% in the last seven days as well, although most of its growth happened between June 29 and July 1, after Binance provided support for HFT in Solana’s ecosystem. The project also announced that it has already integrated with Jupiter, Kamino, and Titan, with more integrations on the way.

At the same time, the last seven days have been quite bullish for the crypto market, with Bitcoin itself reaching higher levels of its price. While it failed to reach its previous ATH and make a new record, it did come fairly close to it in late June. But, with the start of July, its price started to decline, which could affect other cryptocurrencies.

Hashflow Price Prediction

As mentioned, Hashflow itself saw its price surge on late June 28 and early June 29. Before that, it was at around $0.05, but the final days of June brought a slow but steady incline for the token’s value. By June 30, the price surge became more rapid, allowing the token to soar to $0.15. This is a major resistance, however, which stopped its progression and rejected its price to $0.11.

HFT made another attempt to breach the $0.15 barrier over the last few hours, but this one also failed, resulting in the token’s correction to $0.129, which is where it sits at the time of writing.

Hashflow Price Prediction

HFT/USDT chart analysis (Source: TradingView)

While the token’s Bollinger Bands remain wide from high levels of activity seen in the last few days, its Relative Strength Index (RSI) has seen a noticeable decline. For days, the metric fluctuated between the neutral value of 50 and the overbought zone, often venturing up to and above 80, reaching the value of 90 twice yesterday.

Since then, however, it dropped back to 50, and is now once again fluctuating between this level and 70, showing that the trader optimism is still strong, although noticeably lower than yesterday. Even so, with the RSI at 50, there is room for new growth, which could allow the token to try to surge back to $0.15 in the coming hours.

Promising Alternative To Hashflow

With HFT struggling with a major resistance, investors have turned to Snorter Token (SNORT) — a new meme coin designed to be a native cryptocurrency of the Solana-based meme crypto trading bot.

Snorter was designed to be a tool that helps traders “sniff out” new opportunities in the crypto market as soon as they present themselves. Unlike a human trader, a trading bot can notice changes in prices and various trading signals immediately, process them within seconds, and make a decision based on market data. It is not ruled by greed, FOMO, and similar factors, and it can react quickly.

Furthermore, it offers features like low trading fees, fast execution on Solana, exclusive access to new tokens, and increased security. Snorter will be powered by Telegram and its native crypto, SNORT, which is currently still in presale. So far, the ICO has raised over $1.45 million as investors recognize its potential and pour funds into the project.

Even experts such as the ones behind 99Bitcoins, a crypto YouTube channel with over 723k subscribers, believe that SNORT could be the next 10x crypto.

If you wish to join others who invested in Snorter early, buy SNORT now, while its price is still only $0.0971. Buy before a presale price hike in less than 4 days.

Visit the Snorter Token website.

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