• Tue. Apr 30th, 2024

Price Analysis of HOQU (HQX) and Connectome (CNTM)

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Apr 23, 2022

Time to look at the past performances of HOQU and Connectome to analyze how well they have performed in the past 24-hours. Both cryptocurrencies have been rallied more than 100% by investors in the past 24-hours, and the trend is growing higher. The price prediction for HQX and CNTM is pointing towards high elevations.

HOQU – Elevated by 194.24%

It has been a while since the bulls have been sustaining the pressure coming from the HOQU bears to lower HOQU’s value. However, the bulls have succeeded in sustaining their pressure for such a long time.

So far, the bulls have successfully formed a 194.24% rally in favor of the bullish trend. As a result, they have caused the price of HOQU to rise from a low of $0.003854 per HQX to a high of $0.01325 per HQX.

The HOQU purchasing momentum of the investors is constantly rising, which has also elevated the trading volume for HOQU by 211.25%. At present, the 24h trading volume recorded for HOQU is worth $6,749,354.

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As the bulls continue increasing their accumulation power, the number of investors supporting the bullish run would increase. These investors will continue acquiring HOQU at a higher level, which would result in pushing the price of HOQU to a high of $0.02611 per HOQU.

If the investors do not lose their confidence and keep exerting high acquisition pressure, the price of HOQU may rise up to another high level ($0.03880).

By the time the bulls hit the $0.03880 mark, it is expected that the RSI and the moving averages may also move into the bullish zone. This would further strengthen the rally, and allow the bulls to go for another push. This time, the bulls may try and push the price of HOQU to a high of $0.05764 per HOQU.

Connectome – Elevated by 111.21%

Connectome has also experienced a huge rally in the past 24-hours, which is also due to the strong buying input of the bulls. The bulls have also sought the support of the investors in keeping the rally strong and steady.

So far, a 111.21% rally has been recorded for Connectome, which has pushed its price from a low of $0.1868 per CNTM to a high of $0.4079 per CNTM.

Even the trading volume for Connectome with a 660.93% surge is going in favor of the bullish trend. This means that the bulls may continue increasing their buying power, which may result in pushing Connectome to higher values.

In the upcoming days, the bulls may try and elevate the price to a high of $0.6347 per CNTM. If the bulls feel no pressure coming in from the bears, they may increase their buying power, pushing Connectome to a high of $0.8112 per CNTM.

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