Price Analysis of Hummingbird Finance (HMNG) and Gem Guardian (GEMG)

Hummingbird Finance (HMNG)

In the 24h period, the trading value of the HMNG/USDT pair has moved from a 0.00000000002934 per HMNG to a high of $0.00000000007313 per HMNG. The reason behind such a great push was the 89.98% rally that the bulls have achieved in the past 24-hours.

The trading volume for Hummingbird Finance has also surged by 4794.96% in the past 24-hours. The elevation has brought the trading volume for Hummingbird Finance all the way up to $302,881.

The rise in the trading volume has worked as an assurance for the bulls that they will have constant support from a majority of the investors while pushing against the bears.

This way, the price of Hummingbird Finance may continue growing, and the first mark it may hit would be $0.0000000001060 per HMNG.

Going forward, the bulls may go for a higher acquisition spree. This would push the price of Hummingbird Finance all the way up to another high mark of $0.0000000001298 per HMNG.

The bulls may go for another stronger buying spree if the moving averages and the RSI move into the positive zone. This would result in pushing the price of Hummingbird Finance all the way up to the $0.0000000001445 per HMNG mark.

On the contrary, the bears may attempt to increase the selling power and strongly defend the current achieved price. If the selling power pushes Hummingbird Finance lower from the current mark, then they may intensify their activity.

This would pull the price of Hummingbird Finance lower to $0.00000000006581 per HMNG. If the bears keep dragging Hummingbird Finance to a lower mark, the bulls may continue losing their confidence.

If that happens, then more investors would side with the bears, resulting in more price dips. The next dip Hummingbird Finance may experience would be at $0.00000000005923 per HMNG.

Gem Guardian (GEMG)

Gem Guardian has also experienced a surge in value as the buyers have been increased their command over it in the past 24-hours. The price of Gem Guardian has experienced an 85.03% surge, bringing its value up to its current high mark ($0.09772 per GEMG).

According to information from CoinMarketCap, the trading value of the GEMG/USDT pair was at a low of $0.05322 per GEMG, before the bulls pushed it higher. The bulls have also increased the trading volume for Gem Guardian, and if the trend continues, its price may continue surging.

Going forward, the bulls may go for higher gains, which would push the price of Gem Guardian to a high of $0.1392 per GEMG. If the bulls keep on adding more Gem Guardian to their portfolio, the value and demand of Gem Guardian may also surge. This would result in pushing Gem Guardian to $0.1868 per GEMG.