The Hawk Tuah price has soared 117% in the last 24 hours to trade at $0.001768 as of 7:40 p.m. EST on a 819% pump in trading volume to $2 million.
The surge in the HAWK price comes after renewed attention to the cryptocurrency, fueled first by Hailey Welch’s disappearance and then by a notice saying she is cooperating with attorneys representing those impacted by the coin’s earlier crash.
Welch, who is better known as the “Hawk Tuah Girl” in connection with a viral video, had helped launch the coin, which faced a backlash after a dramatic price drop amid suspicions of a rugpull.
JUST IN: $HAWK Tuah girl Haliey Welch has woken up after 15 days of radio silence
Stating she is “fully cooperating” with her legal team $HAWK token price has spiked 80% since her return 🤣 pic.twitter.com/2BSdn8h0Cb
— BlockNews (@blocknewsdotcom) December 20, 2024
This price recovery also follows a lawsuit against the coin’s creators, overHere Ltd., Clinton So, Tuah The Moon Foundation, and Alex Larson Schultz, accusing them of unlawfully promoting and selling an unregistered cryptocurrency.
While Welch is not named as a defendant, her involvement and statements have reignited investor interest in the token.
Hawk Tuah Price Spikes: Can The Bulls Sustain The Momentum?
The chart illustrates the 1-hour price movement of HAWK/USD, showing a clear transition from a bearish trend to a potential bullish recovery. The double bottom formation near the $0.0012 support level is a strong bullish reversal signal, marking a significant turning point.
Following this pattern, the price surged to a high of approximately $0.0026 before retracing to establish a new support level at $0.0018. This retracement suggests that the market is stabilizing before attempting further upward movement.
HAWKUSD Analysis Source Dextools.io
The 50-period moving average (MA) is currently at $0.0011689, below the 200-period MA at $0.00119906. This indicates that the market is still recovering from a bearish phase, though the recent price surge hints at a shift in momentum.
The indicators reinforce the bullish sentiment as the MACD has formed a bullish crossover, with the MACD line moving above the signal line, showing that bullish momentum is building.
Additionally, the RSI (14) stands at 62.5, indicating positive sentiment in the market but still within a safe range, avoiding overbought conditions. If the Hawk Tuah Price holds above the critical $0.0018 support level, the next likely resistance levels are $0.0022 and $0.0026, aligning with potential Fibonacci retracement targets.
A decisive breakout above $0.0026 could open the door for further gains, possibly pushing the price toward higher highs.
Conversely, if the price fails to maintain support at $0.0018, it may fall back to retest the lower support zone near $0.0012, where the double bottom was initially formed. This level would be a critical defence for bulls to sustain the recovery.
Flockerz Presale Heads For $8 Million – Best Crypto To Buy Now?
As the Hawk Tuah Price continues its bullish momentum, investors are also buying a small-cap meme coin rival called Flockerz (FLOCK), which has just surged past $7.4 million in funds raised in its presale.
Crypto analyst and YouTuber Crypto Zeus, with 79K subscribers, says $FLOCK “could be huge” once it launches.
Flockerz is making waves with its unique Vote-to-Earn (V2E) reward system, and calls itself “The People’s Meme Coin.” Unlike most tokens, Flockerz encourages its community to do more than just hold tokens. They get to actively shape the project’s direction.
When token holders vote on important decisions, they’re rewarded with FLOCK tokens. It’s not just about governance, it’s a chance to earn. This decentralized approach empowers the community, turning participation into income and giving members real influence over the project’s future.
In addition, Flockerz offers an impressive 375% annual staking return, giving holders another way to grow their earnings. Whether it’s through voting or staking, Flockerz stands out in a crowded meme coin market by offering genuine earning potential.
The Museum of Flocktopia holds only the FINEST art pieces.
The Louvre has nothing on this. 🖼🐦💙 pic.twitter.com/rlEjz8ZS5L
— Flockerz (@FlockerzToken) December 19, 2024
The FLOCK token is currently priced at $0.0064781 and can be purchased using ETH, USDT, BNB, or a bank card.
But investors looking to secure the token at its lowest rate will need to act quickly because FLOCK’s price is set to increase in less than 20 hours.
Visit FLOCK here.
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