Metahero

Resistance

Disney

Time

<ul class="list-ic vertical">
 <li><span>1</span> <a>Metahero is trying to resume its spectacular bull run after a pause in its ascent.</a></li>
 <li><span>2</span> <a>The price is expected to break the resistance level and surge.</a></li>
</ul>
<p>Metahero is a unique project that aims to create a global network of 3D scanning and modelling devices.</p>
<p>It can produce ultra realistic digital avatars with accurate biometric measurements, and the software that enables those scans will be used in various applications, from virtual reality and gaming to e‑commerce and healthcare.&nbsp;</p>
<p>Users will also have the opportunity to earn money from their avatars through the Metahero marketplace.</p>
<p>Metahero operates on Binance Smart Chain and uses the same proof-of-staked-authority consensus algorithm which allows compatibility, lower fees, and faster transaction speed.&nbsp;</p>
<p>Proof-of-staked-authority, or PoSA, addresses the scalability issues of proof-of-stake by pre-selecting participants that validate blocks and act as moderators of the system.&nbsp;</p>
<p>The algorithm is special in that everyone who wants to be a validator must stake the same amount of funds as every other validator.&nbsp;</p>
<p>With the PoSA, consensus validators, token holders, developers, and users can benefit from a dual-chain architecture that benefits users and offers quick and low-cost transactions.</p>
<p>CEO Mariusz Krol (WOLF Group founder) began his career working with VW, Cern and Bang and Olufson (where he achieved a global patent as a young and promising engineer).</p>
<p>Mariusz then co-founded WOLF, a business established in 2014 specialising in R&amp;D in the 3D printing and scanning industry. Since then, it has provided services for partners from huge global brands such as Disney and CD projekt Red</p>
<h2 class="wp-block-heading" id="strong-hero-usd-in-1-d-time-frame-strong"><strong>HERO/USD in 1-D Time Frame</strong></h2>
<p>Since the beginning of the year, the HERO/USD pair has decreased by 12.32% on a daily basis but in three months it has increased by 17.35%. It had a strong rally, but hit resistance at $0.0040, attracting more sellers. The price then dropped in a pull back move.</p>
<p>This rally on the <a href="https://www.thecoinrepublic.com/2023/11/24/celestia-tia-lost-initial-gains-will-tia-reclaim-7-00-mark/" target="_blank" rel="noopener noreferrer nofollow">HERO chart</a> is likely to continue since it has formed a bullish pattern known as a declining wedge in the daily time frame. Bulls are accumulating and preparing to break the resistance level and soar to new heights from the current level.</p>
<p>Furthermore, HERO might surge strongly from the current level. The next possible target could be $0.0040. On the other hand, if it fails and drops, then it could decline to $0.0020.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="989" height="567" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-541.png" alt="Will the Metahero Price (HERO) Bull Run Continue or Halt?" class="wp-image-181912" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-541.png 989w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-541-300x172.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-541-768x440.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-541-750x430.png 750w" sizes="(max-width: 989px) 100vw, 989px">
  <figcaption class="wp-element-caption">
   Source: HERO/USD: CRYPTO.1.D. by TradingView
  </figcaption>
 </figure>
</div>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1281" height="567" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-542.png" alt="Will the Metahero Price (HERO) Bull Run Continue or Halt?" class="wp-image-181913" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-542.png 1281w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-542-300x133.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-542-1024x453.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-542-768x340.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-542-750x332.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-542-1140x505.png 1140w" sizes="(max-width: 1281px) 100vw, 1281px">
  <figcaption class="wp-element-caption">
   Source: HERO/USD: CRYPTO.1.D. by TradingView
  </figcaption>
 </figure>
</div>
<p>The Santiment chart shows that social dominance has been fluctuating a lot lately for the last four months. Metaher’s social dominance reflects how much it is talked about, valued, and sought after by the crypto community.&nbsp;</p>
<p>However, a surge in social dominance could also boost the price of the HERO, as more people would be interested in buying and holding it.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1366" height="461" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-543.png" alt="Will the Metahero Price (HERO) Bull Run Continue or Halt?" class="wp-image-181914" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-543.png 1366w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-543-300x101.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-543-1024x346.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-543-768x259.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-543-750x253.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-543-1140x385.png 1140w" sizes="(max-width: 1366px) 100vw, 1366px">
  <figcaption class="wp-element-caption">
   Source: by santiment.com
  </figcaption>
 </figure>
</div>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>The Santiment indicator chart of the Metahero shows that its price and the social dominance highlight fluctuation, further increase could boost HERO price.</p>
<p>Moreover, on the daily time frame, it looks like Metahero is ready to continue its impressive rally after a pause in its breakout. It has formed a bullish pattern known as a falling wedge on the daily chart. This could indicate that the bulls are gaining momentum in Metahero and could drive the price above the resistance level and higher from the current level.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels</strong>: $0.0020</p>
<p><strong>Resistance Levels</strong>: $0.0040</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Will the Metahero Price (HERO) Bull Run Continue or Halt?

Table of Contents

Thecoinrepublic.com

Other articles published on Nov 25, 2023

QCP Capital Analysts Suggest a New Date for Bitcoin Spot ETF Approval

Bitcoin: How USDT whales can aid BTC in its move to $40K

How Does Nano Solve the Dust Issue?

Axie Infinity announces plans to launch its official merchandise

Strategic Moves of Crypto Whales: UNI, BLUR, and MATIC

Glassnode Predicts $70 Billion Inflow into Bitcoin Post Spot ETF Approval

Join our free newsletter for daily crypto updates!