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- 1 Love Hate Inu crypto price decreased by 9.89% over the past seven days.
- 2 Love Hate Inu crypto price is currently trading at $ 0.0000257 falling 6.20% in the last 24 hours with a 24 hours volume of $2,138,647.
Love Hate Inu price is down by 9.89% over the past 7 days. LHINU price continues to move under the bears’ influence. Sellers are trying to pull Love Hate Inu crypto prices toward the lower trendline. Love Hate Inu must attract buyers in order to surge toward the upper trendline. Investors in Love Hate Inu crypto need to wait for any directional change over the daily time frame chart.
Love Hate Inu price prediction showcases the decline of LHINU crypto price from the higher level over the daily time frame chart. LHINU crypto needs to attract buyers in order to reach the recovery level. However, trading volume has been below average and needs to grow for the Love Hate Inu crypto price to sustain at a higher level.
Meanwhile, LHINU crypto is trying to surpass above 20, 50, 100, and 200-day moving averages. Love Hate Inu price lost 9.89% in a week and gained 12.08% in the last three months. Moreover, the LHINU price plunged around 82.24% in the last six months and lost 82.34% year to date. This confirms the facts regarding LHINU crypto’s bearishness in upcoming sessions.
Technical Analysis of Love Hate Inu Crypto Price in 1-D Time Frame
If it can keep this level, the Love Hate Inu price could continue to go up and reach the first and second targets of $0.0000400 and $0.0000500, respectively. However, if the LHINU price cannot maintain this level and falls, then it might hit the closest support levels of $0.0000250 and $0.0000200.
At the time of publishing, Love Hate Inu crypto (USD: LHINU) is trading above the 50 and 200-day exponential moving averages (EMAs), which do not support the price trend.
However, if selling volume adds up, then the price might conquer supporting SMAs by making lower highs and lows. Hence, the LHINU price is expected to move downwards giving bearish views over the daily time frame chart.
Technical indicators highlight the downtrend momentum of the LHINU crypto price. The relative strength index (RSI) showcases the downtrend momentum of Love Hate Inu crypto. RSI was at 43 and is heading towards the neutral to be oversold.
MACD exhibits the downside trend of LHINU crypto price. The MACD line is below the signal line after a negative crossover. Investors in LHINU crypto need to wait for any directional change over the daily time frame chart.
Summary
The daily time frame chart of the Love Hate Inu cryptocurrency shows a negative trend. In order for LHINU cryptocurrency to rebound and reach the upper levels, it needs more buyers. Moreover, the price of Love Hate Inu fell by almost 82.34% over the past six months. Technical indications point to the price of LHINU cryptocurrency being in a downturn. Investors in injective cryptocurrency must watch the daily time frame chart for any directional changes.
Technical Levels
Support Levels: $0.0000250 and $0.0000200.
Resistance Levels: $0.0000400 and $0.0000500.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
