HOOK Coin Price Analysis: Return from the Bottom?

$HOOK Coin is trading at 0.4161 as of the writing date. 1271551126 It reached an all-time low of $0.3181 on August 25. The project has been trying to recover since then.

According to our current Hooked Protocol price prediction, the Hooked Protocol price is expected to increase by 228.90% by September 21, 2024, reaching $1.350535.

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According to our technical indicators, the current sentiment is Bearish, while the Fear and Greed Index is showing 39 (Fear). Hooked Protocol has recorded 10/30 (33%) green days in the last 30 days with a price volatility of 16.05%. #BecomeCreator

According to data as of August 22, 2024, 07:33, the overall Hooked Protocol price forecast sentiment is bearish, with 3 technical analysis indicators giving bullish signals, while 23 technical analysis indicators giving bearish signals.

According to our technical indicators, Hooked Protocol’s 200-day SMA will decline in the coming month and reach $0.849359 by September 21, 2024.

Hooked Protocol’s short-term 50-day SMA is forecasted to reach $0.659126 by September 21, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70).

Currently, the RSI value is at 44.41, which suggests that the HOOK market is in a neutral position.

Based on $0.409947, Hooked Protocol’s support levels are $0.401356, $0.388821, and the strongest at $0.380231, respectively. Similarly, Hooked Protocol’s resistance levels are $0.422482, $0.431072, and $0.443607.

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