HELLO (HELLOUSD) Price Forecast: May 4
HELLOUSD is possibly making its way up to the upper resistance zone after hitting the $0.069 level to overcome support to signal a pump-up. There is a higher probability of a price-breaking resistance zone, if the buy traders can double their efforts, the coin may likely increase further, if the bulls could push the price high and the market price sustains above the $0.076 mark, and the potential rally could surge higher to hit the $0.100 upper resistance value.
Key Levels:
Resistance Levels: $0.060, $0.070, $0.080
Support Levels: $0.040, $0.030, $0.020
HELLO (USD) Long-term Trend: Bullish (4H Chart)
The price of HELLO is in a strong resistance zone. The market price now trades at the top part of the rising channel.
Pressure from the bulls at the $0.076 high value in the previous action has sustained its upward stability in its recent high.
The market price of HELLOUSD at the $0.072 resistance level above the moving averages shortly after the 4-hourly chart opens today indicates that bulls are more active in the market at present.
A breakout above the mentioned supply trend line will trigger this chart pattern and replenish the bullish momentum to the upper resistance zone.
Furthermore, the daily stochastic signaled an uptrend, if HELLOUSD buyers could hold above the $0.076 high mark and close a candle, closing above the mentioned resistance will signal a potential BUY. As a result, the price could pump or surge upsides to hit the $0.100 upper resistance value soon in its long-term outlook.
HELLO (USD) Medium-term Trend: Bullish (1H Chart)
HELLOUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the two EMAs. 
However, the market is presently facing resistance at the recent high, this is as a result of the high bullish pressure at the $0.075 value in the past session.
The bull’s action increases the price of HELLO up to the $0.072 resistance level even as the 1-hour session opens today. A break above the $0.076 value would intensify the buying pressure on the crypto.
Next, is the fact that the market is pointing upwards on the daily stochastic, this will draw more buy traders to the market for a bullish continuation pattern, if that occurs the price could further climb toward a $0.100 upper resistance level and this will add to the bullish race in the future in its medium-term outlook.
Buy HELLO on eToro
Leave a Reply