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Cryptoknowmics 2022-05-16 19:07:44

HARD soars 35% as Bulls Pullback from 2022 All-Time Lows

HARD is inching higher, reversing last week’s losses as bulls pull back from all-time lows. A close above $0.37 would likely propel the token to April 2022 peaks. Past Performance of the HARD Crypto HARD is up a massive 35 percent in the last 24 hours versus the USDT. As per the arrangement in the daily chart, the coin appears to be bottoming up, shaking off the bears of last week. Given the spike in price and trading volumes, buyers are in control. The coin could continue outperforming the USDT, BTC, and ETH in subsequent sessions. HARD Technical Analysis The HARD token is bottoming up, reversing from all-time lows when writing. Of note, there is a wide-ranging bull bar of May 15 that completely reversed the losses of May 11. Therefore, in a three-bar reversal pattern, buyers can load on dips within the May 15 bull bar and above $0.16. The immediate target will be $0.63, marking April 2022 highs. Conversely, unexpected contractions below last week’s low will nullify the bullish outlook in a continuation of early May 2022 bears. What to Expect from HARD? The path of least resistance remains southwards. Unless there is a comprehensive close above $0.40, sellers will have the upper hand in the medium term.The post HARD soars 35% as Bulls Pullback from 2022 All-Time Lows appeared first on Cryptoknowmics-Crypto News and Media Platform.

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