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The Hawk Tuah value has soared 117% within the final 24 hours to commerce at $0.001768 as of seven:40 p.m. EST on a 819% pump in buying and selling quantity to $2 million.
The surge within the HAWK value comes after renewed consideration to the cryptocurrency, fueled first by Hailey Welch’s disappearance after which by a discover saying she is cooperating with attorneys representing these impacted by the coin’s earlier crash.
Welch, who is healthier often known as the “Hawk Tuah Lady” in reference to a viral video, had helped launch the coin, which confronted a backlash after a dramatic value drop amid suspicions of a rugpull.
JUST IN: $HAWK Tuah lady Haliey Welch has woken up after 15 days of radio silence
Stating she is “totally cooperating” together with her authorized crew $HAWK token value has spiked 80% since her return 🤣 pic.twitter.com/2BSdn8h0Cb
— BlockNews (@blocknewsdotcom) December 20, 2024
This value restoration additionally follows a lawsuit in opposition to the coin’s creators, overHere Ltd., Clinton So, Tuah The Moon Basis, and Alex Larson Schultz, accusing them of unlawfully selling and promoting an unregistered cryptocurrency.
Whereas Welch just isn’t named as a defendant, her involvement and statements have reignited investor curiosity within the token.
Hawk Tuah Worth Spikes: Can The Bulls Maintain The Momentum?
The chart illustrates the 1-hour value motion of HAWK/USD, exhibiting a transparent transition from a bearish pattern to a possible bullish restoration. The double backside formation close to the $0.0012 assist degree is a powerful bullish reversal sign, marking a major turning level.
Following this sample, the worth surged to a excessive of roughly $0.0026 earlier than retracing to determine a brand new assist degree at $0.0018. This retracement means that the market is stabilizing earlier than making an attempt additional upward motion.
HAWKUSD Evaluation Supply Dextools.io
The 50-period transferring common (MA) is at the moment at $0.0011689, under the 200-period MA at $0.00119906. This means that the market continues to be recovering from a bearish section, although the current value surge hints at a shift in momentum.
The indications reinforce the bullish sentiment because the MACD has fashioned a bullish crossover, with the MACD line transferring above the sign line, exhibiting that bullish momentum is constructing.
Moreover, the RSI (14) stands at 62.5, indicating optimistic sentiment out there however nonetheless inside a secure vary, avoiding overbought situations. If the Hawk Tuah Worth holds above the essential $0.0018 assist degree, the subsequent doubtless resistance ranges are $0.0022 and $0.0026, aligning with potential Fibonacci retracement targets.
A decisive breakout above $0.0026 might open the door for additional positive aspects, probably pushing the worth towards larger highs.
Conversely, if the worth fails to take care of assist at $0.0018, it could fall again to retest the decrease assist zone close to $0.0012, the place the double backside was initially fashioned. This degree could be a essential defence for bulls to maintain the restoration.
Flockerz Presale Heads For $8 Million – Finest Crypto To Purchase Now?
Because the Hawk Tuah Worth continues its bullish momentum, buyers are additionally shopping for a small-cap meme coin rival referred to as Flockerz (FLOCK), which has simply surged previous $7.4 million in funds raised in its presale.
Crypto analyst and YouTuber Crypto Zeus, with 79K subscribers, says $FLOCK “could possibly be large” as soon as it launches.
Flockerz is making waves with its distinctive Vote-to-Earn (V2E) reward system, and calls itself “The Individuals’s Meme Coin.” In contrast to most tokens, Flockerz encourages its neighborhood to do extra than simply maintain tokens. They get to actively form the venture’s course.
When token holders vote on essential selections, they’re rewarded with FLOCK tokens. It’s not nearly governance, it’s an opportunity to earn. This decentralized method empowers the neighborhood, turning participation into earnings and giving members actual affect over the venture’s future.
As well as, Flockerz gives a formidable 375% annual staking return, giving holders one other approach to develop their earnings. Whether or not it’s by voting or staking, Flockerz stands out in a crowded meme coin market by providing real incomes potential.
The Museum of Flocktopia holds solely the FINEST artwork items.
The Louvre has nothing on this. 🖼🐦💙 pic.twitter.com/rlEjz8ZS5L
— Flockerz (@FlockerzToken) December 19, 2024
The FLOCK token is at the moment priced at $0.0064781 and may be bought utilizing ETH, USDT, BNB, or a financial institution card.
However buyers seeking to safe the token at its lowest charge might want to act shortly as a result of FLOCK’s value is ready to extend in lower than 20 hours.
Go to FLOCK right here.
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