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HEX price is trading below the key moving averages.
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The crypto price dropped by 21.62% in a sharp bearish move in the last trading session.
Based on the HEX price prediction, it is likely that the value of HEX cryptocurrency may decrease further in the upcoming months. HEX price fell by 21.62% in the past 7 days, and it seems to be under bearish pressure according to its price action.
At the moment, the trend is being controlled by the bears, who are exerting their dominance over the price action. Despite the bulls’ efforts to take control, they were unable to break above the upper level, leading to the bears regaining their supremacy over the price action on the 1-day chart.
HEX cryptocurrency is currently trading above the important exponential moving averages, but its price is still within the reach of the bears. On the daily time frame, the price is being met with resistance from the upper resistance levels. Furthermore, the supply
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