Hooked Protocol Price Prediction: HOOK Rises 5% as World’s First AR/VR Cryptocurrency Presale Cost Reaches $6 Million

adminMay 6, 2024

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Hooked Protocol has surged 5% in the last 24 hours. Traded at $0.8972 As of 12:30 a.m. EST, trading volume had surged 56% to $6.7 million.

Hooked Protocol price indicates a bullish trend reversal.

HOOK price is showing signs of a rebound after a long period of decline after reaching a high of $1.76. It formed a strong support zone, allowing the bulls to regroup and recover their losses.

A price reversal bullish candle at the $0.8135 support level could push the price above the current resistance level.

Hook Protocol Pricing

HOOKUSDT analysis. Source: Tradingview.com

Technical indicators show that the 50-day and 200-day simple moving averages (SMAs) are trading below the price. As the price builds momentum, the price may rise above the average, confirming an overall upward movement.

The Relative Strength Index (RSI) has consolidated in the 30 oversold area. However, it is showing signs of a rebound and is currently at 40. As momentum increases, RSI will rise past the midline of 50 and back into overbought territory.

Hooked Protocol Price Bulls prepare for another Bull Rally.

Hooked Protocol’s price strength seems poised for another uptrend. The recent green candle at $0.8135 suggests a possible turnaround for HOOK. If things go as expected, this could spark a bullish rally, potentially sending the price back to $0.07281 in the coming weeks.

Conversely, if the bears intervene to push the price higher out of the correction, the bulls may have to seek refuge near the $0.7458 support line.

Buy 5Scape now! – Best 100X Tokens

Meanwhile, as HOOK traders prepare for a bullish rally, investors are turning to buying. 5SCAPE, It’s heading toward $6 million in presales.

5SCAPE is the first AR/VR mixed reality crypto platform that aims to revolutionize the gaming industry by combining blockchain technology and virtual reality (VR).

🌟 Introducing the VR Ambassador Program! 🚀
The world of virtual reality with the 5th SCAPE VR Ambassador Program! 🌟
Sign up as an “Early Whale” member and enjoy exclusive benefits! 💎
method
1️⃣ Invest $10,000 or more in $5SCAPE and amplify our voices online
2️⃣ Actively participate in social media… pic.twitter.com/cgIryEPsiT
— 5th Scape (@5th_scape) April 1, 2024

Additionally, the team is dedicated to creating many VR games that run smoothly on well-known VR headsets such as Oculus Rift and Meta Quest 3.

Earn and stake more rewards by playing

As part of 5SCAPE EcosystemToken holders will have exclusive access to premium VR content and devices, including exclusive VR headsets and gaming chairs.

Additionally, the staking mechanism provides in-game advantages, lifetime free access to the 5SCAPE ecosystem, and early access to new VR content and community interaction.

5thScape’s Play-to-Earn feature allows investors to generate passive income by playing Web3 games such as MMA Cage Contest, Thrust Hunter, Immersive Kickoff, and Archery Master.

🎮 Calling all VR and MMA fans! Prepare to be amazed, as 5thScape is set to redefine virtual combat with “MMA Cage Conquest.” This game takes you into the heart-pounding world of MMA in VR. 🥊
🌟 Get ready for the release of “MMA Cage Conquest” in the meta… pic.twitter.com/MHbKgKHIxb
— 5th Scape (@5th_scape) May 3, 2024

Crypto Boy, a cryptocurrency analyst and YouTuber, says 5SCAPE has the potential to skyrocket 100x after launch.

If you are interested, you can purchase 5SCAPE for $0.00327 per token. But hurry because in the next stage the next price will increase to $0.00376. Buy now and you’ll get a whopping 205% return when the pre-sale starts at $0.01 per token.

You can buy 5SCAPE using ETH, MATIC, USDT or BNB through the official website here.

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