1
The HEX crypto is down 1.29% in intraday and was at $0.0078 at the time of writing.
2
The technical indicators imply a sideways outlook until the price hovers between the 50-Day and 200-Day EMA.
HEX price edged lower on Wednesday near the previous day’s low and 50-Day EMA. The crypto started the week on a positive note, indicating the buyers’ presence near the 50-Day EMA. However, it could not resume bullishness on Tuesday and Wednesday and consolidated near it.
Earlier the crypto made a downside move till the 50-Day EMA after the breakdown of the 20-Day EMA in the last week. The bears are in control of the trend in the short term and attempting to break price to the lower levels.
At the time of writing, the HEX crypto was at $0.359 recording an intraday rise of 3.19% in the past 24 hours. It has a market capitalization of $1.006 Billion. Moreover, the volume-to-market cap ratio is 3.48% suggesting low volatility.
Now, the breakdown below the 50-
We współpracy z: https://www.thecoinrepublic.com/2024/02/07/hex-crypto-approaches-50-ema-a-key-decision-point-for-traders/
