Here is the latest update on the cryptocurrency Highstreet (HIGH), including real-time price, technical analysis, reasons for the fluctuations in the past 24 hours, and short-term and long-term investment suggestions.
📈 REAL-TIME HIGH price
Current price: ~$0.62 USD
Increase in the past 24 hours: +19.96%
24h trading volume: ~$70 million USD
Market capitalization: ~$45 million USD
Circulating supply: 73.29 million HIGH (max 100 million)
Compared to the historical peak ($29.88): down ~98%
📊 Technical analysis
1-day time frame:
Moving Average (MA): Strong Buy signal
RSI Indicator: In the neutral zone, not overbought or oversold
MACD: Indicates a short-term upward trend
Trading volume: Strong increase, confirming the bullish trend
🔍 Analysis of the past 24-hour fluctuations
The HIGH token has increased nearly 20% in the past 24 hours, mainly due to:
Positive market sentiment: Increased interest in metaverse and NFT projects has driven demand for HIGH.
Surge in trading volume: Trading volume increased by over 590% compared to the previous day, indicating strong interest from investors.
Positive technical analysis: Technical indicators show buy signals, attracting more investors.
💡 Investment suggestion
Short term (1–3 months)
Strategy: If the price maintains above the support level of $0.60 and trading volume continues to be high, consider buying with a short-term profit target.
Risk: Short-term price volatility can be high; a stop-loss order is needed to limit losses.
Long term (6–12 months or more)
Strategy: Invest in HIGH if you believe in the development of the metaverse and NFT.
Note: Diversify your portfolio to minimize risk.
📰 Related news in the past 24 hours
Currently, there are no specific news related to HIGH in the past 24 hours. However, the cryptocurrency market is witnessing increased interest in metaverse and NFT projects, which could indirectly have a positive impact on HIGH.