{"id":588634,"date":"2024-10-18T08:39:33","date_gmt":"2024-10-18T08:39:33","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=588634"},"modified":"2024-10-18T08:39:33","modified_gmt":"2024-10-18T08:39:33","slug":"is-it-too-late-to-buy-hachi-hachiko-price-goes-ballistic-with-a-1114-surge-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-hachi-hachiko-price-goes-ballistic-with-a-1114-surge-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy HACHI? Hachiko Price Goes Ballistic With A 1,114% Surge And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Hachiko price skyrocketed 1,114% in the last 24 hours <\/span>to trade at $0.002216<\/span><\/a> as of 00:42 a.m. EST on trading volume that surged 304% to $4.2 million.<\/span><\/p>\n

Can the Hachiko token, a decentralized cryptocurrency based on the story of Hachiko, a famous Japanese dog, gain traction and soar even higher?<\/span><\/p>\n

Hachiko Price On A Strong Upward Trend<\/h2>\n

The chart clearly shows a strong upward trend. This is evidenced by the price rising sharply in recent candles from $0.00017, supported by increasing volume, suggesting momentum is building in this move, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

HACHI now trades above the 50-day SMA, which suggests that the price of Hachiko is on a bullish trend and could still soar.<\/span><\/p>\n

The Relative Strength Index (RSI) is at 72.76, which is above the standard overbought threshold of 70. This suggests the asset may be overbought in the short term, meaning a pullback or consolidation could be on the horizon. However, in strong uptrends, the RSI can remain overbought for extended periods as bullish momentum continues.<\/span><\/p>\n

Moreover, the Moving Average Convergence Divergence (MACD) shows that the blue line is above the orange line, indicating a bullish crossover. This confirms that momentum is strong in the upward direction.<\/span><\/p>\n

\"Hachiko
HACHIUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

Hachiko Price Prediction<\/h2>\n

According to HACHI\/USD price analysis on the 1-hour timeframe, the chart indicates a bullish trend in the short term. The strong upward movement, supported by rising volume and a bullish MACD crossover, signals that the momentum is in favor of further price appreciation.<\/span><\/p>\n

If this momentum continues, the Hachiko price could soar even higher, as the bulls target $0.0031.<\/span><\/p>\n

However, the high RSI suggests caution as the asset is entering overbought territory, and a short-term pullback or consolidation could happen soon. In such a scenario, the Hachiko price could plunge back to the $0.00118 support zone. <\/span><\/p>\n

Given it may already be too late to buy HACHI, investors looking for the next crypto to explode might consider Pepe Unchained ($PEPU),<\/a> probably the most successful presale of the year after raising $20.4 million.<\/p>\n

Jacob Crypto Bury, a crypto analyst with over 43K YouTube subscribers, says PEPU has the potential to 10X after launch.<\/span><\/p>\n