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- 1 The HZM coin price dropped 1.05% in the past 24 hours and was at $0.00821 at press time.
- 2 The HZM crypto price daily chart witnesses the formation of a falling wedge pattern with the price hover at the upper boundary.
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 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
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.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
