Hedera

FLOKI

<p>Crypto analysts on X are pointing out potentially bullish patterns and breakouts for the digital assets Hedera (HBAR) and<a href="https://captainaltcoin.com/dogecoin-doge-anticipates-breakout-for-potential-80-run-floki-to-follow-watch-these-memecoins-key-price-levels/" target="_blank" rel="noopener noreferrer nofollow"> Floki Inu (FLOKI).</a> According to these analysts, the recent price action could indicate major upside ahead for both cryptocurrencies.</p>
<h2 class="wp-block-heading" id="hedera-s-upward-trajectory">Hedera’s Upward Trajectory</h2>
<p>The X user <a href="https://twitter.com/HbarHODLerBull/status/1786719918781587561" target="_blank" rel="noopener noreferrer nofollow">@HbarHODLerBull</a>, who goes by the name “$HBAR HEDERA BULL ℏ,” has identified an “Adam and Eve” pattern in Hedera’s price charts. This pattern is characterized by a deep selloff (Eve) followed by a recovery that fails to reach the previous high (Adam), creating a curved shape resembling a bottoming process.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="468" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-125-1024x468.png" alt="" class="wp-image-486655" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-125-1024x468.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-125-300x137.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-125-766x350.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-125-1536x701.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-125-2048x935.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-125-328x150.png 328w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-125-100x46.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-125-788x359.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-125.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Hedera’s price is currently trading at around $0.1 and has broken out from the top of this pattern, suggesting potential for further upside. The analyst believes that Hedera’s price is <em>“programmed”</em> to reach $5, implying a substantial increase from its current levels.</p>
<p>Another analyst, <a href="https://twitter.com/RebelMB_/status/1786516516856307833" target="_blank" rel="noopener noreferrer nofollow">@RebelMB_,</a> points out that Hedera has recently<em> “escaped a roughly 720-day bear market range and is retesting for a breakout.”</em> Drawing parallels with Bitcoin’s price action in October 2022, when it broke out of a similar range and went on to reach new all-time highs, @RebelMB_ posits that if Hedera follows a similar trajectory, it could see a 475% increase to its all-time highs.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="272" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-1024x272.png" alt="" class="wp-image-486663" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-1024x272.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-300x80.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-764x203.png 764w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-1536x408.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-2048x544.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-565x150.png 565w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-100x27.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-1318x350.png 1318w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-126-788x209.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-126.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<h2 class="wp-block-heading" id="floki-inu-s-bullish-flag-breakout">Floki Inu’s Bullish Flag Breakout</h2>
<p>Shifting focus to the meme cryptocurrency Floki Inu, analyst <a href="https://twitter.com/CryptoFaibik/status/1786592005449011644?t=5PKMHzB2pXWZI0dDHNi_qg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">@CryptoFaibik</a> has identified a <em>“Bullish Flag”</em> pattern in its price charts. This pattern is characterized by a sharp price increase followed by a consolidation period, forming a flag-like shape, before potentially breaking out to the upside.</p>
<p>@CryptoFaibik’s chart shows that Floki Inu’s price has broken out from this pattern and is currently trading around $0.000187. The analysis suggests that the price could surge to as high as $0.0004, representing an upside potential of over 110%.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="489" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-1024x489.png" alt="" class="wp-image-486671" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-1024x489.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-300x143.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-766x366.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-1536x734.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-2048x978.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-314x150.png 314w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-100x48.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-733x350.png 733w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-127-788x376.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>While the technical patterns identified by these analysts suggest potential upside for Hedera and Floki Inu, it’s important to exercise caution and conduct thorough research before making investment decisions.</p>
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<p>The post <a href="https://captainaltcoin.com/this-adam-and-eve-pattern-breakout-reveals-hedera-hbar-next-price-direction-as-floki-gears-for-100-upside/" rel="noopener noreferrer nofollow">This Adam and Eve Pattern Breakout Reveals Hedera (HBAR) Next Price Direction as FLOKI Gears for +100% Upside</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This Adam and Eve Pattern Breakout Reveals Hedera (HBAR) Next Price Direction as FLOKI Gears for +100% Upside

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