Hoge Finance Price Prediction – Will HOGE Hit $0.0.00014 Soon?

This Hoge Finance (HOGE) Price Prediction article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our HOGE Price Analysis and prediction.

The crypto industry continues to grow. Many crypto projects pursue improvements to their technologies to stay competitive. Moreover, HOGE continues to be one of the most active tokens in the crypto space. In the past few months, Hoge Finance has built strong partnerships and projects in the crypto industry. HOGE investors had their investment value reduced by 87.4% in the past one year.

Now that we already know some of HOGE’s achievements in the past months, would HOGE be a profitable investment in 2022? Let’s find out in this CoinQuora Hoge Finance Price Analysis and Price Prediction. But before that, let us first know what is Hoge Finance.

What Is Hoge Finance (HOGE)?

HOGE, formerly known as Hoge.Finance or Hogecoin describes itself as a community-driven DeFi auto-staking ERC-20 token with a capped and deflationary supply. HOGE was fair-launched on February 7, 2021, with no tokens allocated to the team. Initial HOGE supply was 1,000,000,000,000 with half (500 billion) permanently burned at launch.

HOGE launched with the intention of simply being a deflationary “Doge but DeFi”. However, a team of HOGE founders with a larger vision stewarded the project toward a more philanthropic and utilitarian roadmap. HOGE is one of the first DeFi memecoins to successfully complete a Certik audit. No critical, major, or medium findings were found. As of this writing the skynet security score is 90.

Now that we already know what is Hoge Finance, let us proceed to our HOGE price analysis.

Hoge Finance (HOGE) Current Market Status

As of the time of writing this Hoge Finance price analysis, HOGE trades at $0.00006345 with a 24-hour trading volume of $105,704. The price of HOGE has increased by 8.88% in the last 24 hours.

Furthermore, HOGE has a current circulating supply of 402.28B HOGE. Currently, the top cryptocurrency exchanges for HOGE are BigOne, Gate.io, Decoin, Sushiswap, Uniswap, and others.

Now, let’s proceed to the next part of this Hoge Finance (HOGE) technical analysis for 2022.

Hoge Finance (HOGE) Price Analysis 2022

Currently, Hoge Finance holds 756th place on CoinGecko. But will the latest upgrades, developments, and changes in the HOGE ecosystem help the cryptocurrency price to reach higher? Let’s proceed to the charts in this HOGE price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for WETH/HOGE, it could be seen that the present gain could continue since the last candlestick is still within the first part of the curve from the top. This shows that the present uptrend in the price of HOGE will be sustained for some days before any reversal would be expected.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of WETH/HOGE 1day chart is 58.36.  This shows that HOGE is showing a strong trend since it is between 50 and 70. This value is triggering a bullish run already since it seems that more buyers are repositioning as the value is moving towards the 70 RSI value which is the overbought region.

The 200-MA is above the 100-MA in the WETH/HOGE 1day chart above. The gap between the two moving averages is small, which means that the present long-term yield for Hoge Finance will be low.

Hoge Finance (HOGE) Price Prediction

The chart below shows that HOGE has performed better the past few days. However, the HOGE price has increased by over 6.1% in the last 24-hours. If this trend continues, HOGE might run along with the bulls, breaking its $0.0.00006799 resistance level and going higher.

Conversely, if the investors turn against the crypto, the bears might take over and pull HOGE from its uptrend position. In simpler terms, the price of HOGE might decrease to almost $0.00000946, a bearish signal.

Meanwhile, our long-term Hoge Finance price prediction for 2022 is bullish. It has a low possibility of surpassing its current all-time-high (ATH) at about $0.0009634 according to CoinMarketCap this year. However, that will only happen if it breaks many previous psychological resistances.

Hoge Finance (HOGE) Price Prediction 2022

If this bullish trend continues, HOGE will reach $0.00006799 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.00006500. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $0.00014 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Hoge Finance (HOGE) Price Prediction 2023

If HOGE holds an RSI above 50 by the end of 2022, buyers will then have ample time and stability to forge the next attack mission on the vital level at $0.00017, making it not plummet but play consistently.

Hoge Finance (HOGE) Price Prediction 2024

If there will be more upgrades and developments in 2024, the HOGE price predictions and project forecasts may change. Moreover, these may boost the price of HOGE. We can say that the price can still go bullish and spike up to around $0.00025.

Hoge Finance (HOGE) Price Prediction 2025

In the next four years, HOGE prices could rise up to $0.0003. However, reaching this level could not be so difficult for HOGE as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that HOGE has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Hoge Finance (HOGE) Price Prediction 2026

By 2026, the price of HOGE would reach $0.0005 since many individuals will have better knowledge of cryptocurrencies, therefore, increasing the investment in the industry.

Conclusion

HOGE has a bright future ahead of it in 2022. With the ongoing developments happening within the Hoge Finance ecosystem, as well as in the overall crypto market, we may see HOGE reach new heights.

Bullish HOGE price prediction 2022 is $0.00006799. As said above, it may even reach $0.00014 if investors have decided that HOGE is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

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Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.