Hedera’s technical indicators hint at a bullish trend and pullback rally for the next few months. However, it could depend on social engagement levels. In other news, Pomerdoge is pushing through to reach the top by gaining top-level investors and recording a price rise.
Summary
- Hedera’s (HBAR) 24-hour trading volume is down by over 38% at press time.
- Pomerdoge (POMD) is to grow by 4,000% by the launch date in Q4 2023.
Hedera (HBAR) rallies to improve market sentiment and price
Hedera’s technical indicators hint at complex patterns in the coming days. Firstly, the price of the HBAR token climbed above the 50-day EMA to move upward. Secondly, buyers are struggling to break through the 200-day EMA. Hedera (HBAR) will strengthen its bullish pattern and record a higher price gain if this happens.
However, experts believe that Hedera is in recovery mode and might go for a trend reversal. This would affect the bullish rally of Hedera (HBAR), even though the bulls are active. Moreover, Hedera is down by 1.91% at press time and is priced at $0.05731.
Nevertheless, Hedera’s (HBAR) social activity and price movements are very much aligned. More users are talking about Hedera. So, things are still hopeful for the token. The increase in social engagement and buzz around Hedera is boosting its price.
Moreover, Hedera (HBAR) showed a seven-day gain of 8.68% and a monthly gain of 17.17%. Even the recent price analysis hints that Hedera’s position is above the neutral centerlines in early August. With the RSI above the 70 mark, caution is necessary. Observing HBAR’s price trajectory in the next few days will show if buyers can break the $0.06 mark.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Pomerdoge (POMD) is bullish on its presale
Pomerdoge is the latest P2E crypto game to be launched in the market. The gaming platform will allow users to connect across geographical boundaries. Reports show that the global blockchain gaming market will touch $65.7 billion by 2027. Interestingly, Pomerdoge plans to deliver short-term and long-term returns to players through the ecosystem.
POMERDOGE PRICE INCREASING!
What can we say #pomercrew! We started presale just over two weeks ago and have already raised almost $750,000!
The price will increase to $0.009 on Thursday the 17th of August at 19:00 UTC
In the coming days (a week or two) we will be showing you… pic.twitter.com/uCvahatIgN
— Pomerdoge (@pomerdoge) August 13, 2023
The Pomerdoge (POMD) ecosystem comprises Pomergame, Pomerplace, and a unique collection of 7,777 NFTs. Furthermore, each NFT is priced at just 0.2 ETH and will be released in August and September. Investors are ready to stock up on the POMD native token to grab the NFTs and secure future profits.
The good news is that POMD has taken on a bullish pattern early in the presale. The Pomerdoge token’s price has increased to $0.008, proving analysts’ predictions to be true. Needless to say, the POMD token will grow by 40x in the weeks to follow. Experienced investors are buying their shares to exploit the strengthening bullish trend.
Furthermore, Pomerdoge (POMD) will offer a percentage of the revenue to the native token holders. Coupled with the benefits of trading at the in-game marketplace, players can have numerous opportunities to increase their earnings. For example, users with gold status can sell skins and items to earn POMD tokens. Be ready to multiply gains when Pomerdoge launches in Q4 of 2023.
Find out more about the Pomerdoge (POMD) presale today:-
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
Source: https://www.cryptonewsz.com/hedera-trade-volume-drops-pomerdoge-soars-by-4000-percent/