Hut 8 has broken the falling trend channel in the medium long term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. There is no resistance in the price chart and further rise is indicated. Investors have steadily paid more to buy the
HUT
, which indicates increasing optimism and that the price will continue to rise.
Price Momentum
HUT
is trading near the top of its 52-week range and above its 200-day simple moving average, indicating a Bullish Bias or Trend Continuation.
HUT
, which indicates increasing optimism and that the price will continue to rise. Price Momentum
HUT
is trading near the top of its 52-week range and above its 200-day simple moving average, indicating a Bullish Bias or Trend Continuation.
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