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HZM Coin Price (HZM) at a Make or Break Level: What’s Next?

2 Mins read

HZM coin is under mild pressure in the early hours of Saturday as it approaches the 200-Day EMA. Moreover, the price bounced back from the recent support level of $0.0006 and managed to surpass the 20-Day and 50-Day EMAs. 

HZM coin is a cryptocurrency based on the Ethereum blockchain. It supports various applications and platforms in the field of social networking, gaming, metaverse, fitness, and e-commerce.

Moreover, HZM coin aims to provide users with a decentralized, secure, and rewarding way of interacting with digital content and assets.   

HZM Coin Price (HZM) at a Make or Break Level: What’s Next?

HZM Coin Trend Analysis

The HZM coin price is currently hovering around the $0.00082 mark with an intraday loss of 1.05%. The price is respecting the 200-Day EMA. 

Furthermore, the daily chart shows the formation of a falling wedge pattern. The HZM coin is currently hovering at the upper trendline of the wedge from where it might break out.

Now, the price is likely to maintain the correction phase until it hovers below the upper trendline of the channel. On the other hand, the breakout on the upper side may trigger a short covering and the HZM coin may inch higher. 

HZM Coin Price Prediction January 2024

Source: HZM/USD Chart by TradingView

The price outlook for the short term is neutral to bearish until the price is maintained in the channel. The most optimistic forecast of analysts for January shows that the price may surge to a high of $0.0010. The negative outlook assumes the price could reach $0.00067.

HZM Coin Price Prediction 2024

The HZM coin may surge to resume with the long term trend if it breaks out of the falling wedge. On the most optimistic note, the HZM crypto may rise to a high of $0.00138 suggesting an upside potential of over 68.27%. The pessimistic note assumes the price may attain a high of $0.0011.

HZM Coin Price Prediction 2025

By 2025, the HZM crypto may rise to a high of $0.00186 as per the most optimistic view of our analysts. The most pessimistic view of analysts assumes the price to reach $0.00152. 

HZM Coin Price Prediction 2026 

The price prediction for the year 2026 shows that the highest price that HZM token may attain is $0.00243. The bearish view of the analysts expects the price to reach $0.00187 by 2026. 

HZM Coin Price Prediction 2027

The bullish outlook of the analysts is a jump to the $0.00294 mark. On the other hand, the bearish outlook of our analysts expects the price to fall to $0.00235.

HZM Coin Price Prediction 2028

HZM coin price prediction for the year 2028 suggests that it could attain $0.00346 as per the most optimistic view of analysts. The most pessimistic view of analysts expect the price to reach $0.00287. 

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Harry is a crypto enthusiast and experienced trader with a track record of success. With a deep understanding of blockchain technology, he has analyzed market trends and identified profitable opportunities, resulting in impressive returns. Harry 's expertise lies in developing effective trading strategies that leverage the potential of cryptocurrencies. Through his articles, guides, and educational resources, he shares his insights and knowledge, helping individuals make informed trading decisions. With a keen eye for market patterns, Harry has navigated the volatile crypto landscape with confidence. Stay tuned for valuable perspectives and expert advice from Harry as he contributes to the Ailtra platform.
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