Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
HFT Soars 86% to $0.1549 as HOOK Charts 207% Breakout Potential in Wedge Setup

HFT Soars 86% to $0.1549 as HOOK Charts 207% Breakout Potential in Wedge Setup

CryptonewslandCryptonewsland2025/07/03 22:40
By:by Francis E
  • Hashflow (HFT) surged 86.9% in 24 hours after breaking out of a descending wedge pattern on strong volume.
  • HOOK is trading at $0.08805, forming a similar wedge pattern with a projected 207% potential move.
  • HFT reached a high of $0.1549, while HOOK faces resistance at $0.1018 amid modest volume and intraday rejection.

Hashflow (HFT) experienced a significant price movement within the last 24 hours, gaining over 86.9% and reaching $0.132 . The surge followed a breakout from a descending wedge pattern on the daily chart. The move pushed HFT beyond its key support at $0.07035 and closer to the upper resistance area of $0.151. 

This price activity came with high volume, with over 797.71 million tokens traded. On the same day, Hooked Protocol (HOOK) hovered at $0.08805, showing a 4.6% decline, despite technical indicators reflecting a similar chart structure to HFT’s prior setup.

HFT Breaks Out After Prolonged Consolidation

HFT had been trading inside a falling wedge structure before the recent surge. The breakout occurred with strong momentum, taking price from below $0.07 to a daily high of $0.1549. The asset moved past short-term resistance at $0.14, supported by increased trading activity and broader volume expansion.

Meanwhile, HFT’s BTC and ETH trading pairs both gained 88.8%, reflecting cross-market strength. The range between $0.07035 and $0.151 has now defined the current support and resistance structure for short-term monitoring.

$Hook will follow $Mav and $Hft

Same charts

Few believed me on $Mav but now its going only up #Hook will follow and soon only up pic.twitter.com/d1Hc2KsGOZ

— Cryptobull ( Free Premium Calls ) (@Cryptobullmaker) July 1, 2025

HOOK Forms Comparable Technical Pattern

While HFT rallied, HOOK remained within a downtrend channel but is now testing a potential breakout zone. The current price sits at $0.08805, with nearby support at $0.08367 and resistance at $0.1018. On the chart, a descending structure mirrors HFT’s earlier price action before its upward movement.

A projected upside move on HOOK charts suggests a potential gain of 207.73%, based on the height of the wedge. However, current market action shows only a 5.73% daily gain at $0.0978, followed by intraday rejection.

Volume and Price Range Remain Key for HOOK

HOOK 24-hour trading volume is comparatively modest: 36.70 million. During a single session, the price has ranged between 0.0885 and 0.1039. This relatively low volatility contrasts with the sharp expansion seen on HFT.

While HOOK’s BTC pair declined 4.1%, it remained near the previous daily average. Continued observation of the $0.1018 resistance zone may provide further insight into upcoming movement.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ID - 104.71% 24H Drop Amidst Sharp Volatility

- ID plunged 104.71% in 24 hours to $0.1615 after a 1250% surge, now 6100% below its 1-year high. - The asset's extreme volatility reflects fragile momentum and unclear fundamentals amid rapid price swings. - Technical indicators show bearish pressure as traders monitor $0.1615 support for stabilization signals. - Analysts warn of continued downward pressure if ID fails to regain momentum above this critical level.

ainvest2025/08/30 01:48
ID - 104.71% 24H Drop Amidst Sharp Volatility

Quantum-Resistant Crypto Assets: The Next Frontier in Risk Mitigation

- Ethereum co-founder Vitalik Buterin warns quantum computers could break modern cryptography by 2030 with 20% probability, accelerating timelines for systemic risk in blockchain and finance. - NIST finalized quantum-safe cryptographic standards (HQC, CRYSTALS-Dilithium) in 2024-2025, driving institutional adoption of quantum-resistant (QR) infrastructure ahead of its 2035 mandate. - Projects like Starknet (Poseidon hash) and QRL (SPHINCS+ signatures) lead QR innovation, with QRL seeing 33% price surge in

ainvest2025/08/30 01:45
Quantum-Resistant Crypto Assets: The Next Frontier in Risk Mitigation

Bitcoin, Cardano, and SUI: Why These 3 Cryptos Dominate Analyst Portfolios in September 2025

- Bitcoin, Cardano, and SUI dominate 2025 crypto portfolios due to institutional adoption, regulatory clarity, and scalable tech. - Bitcoin hits $126,000 by year-end as ETF inflows and post-halving scarcity reinforce its role as inflation-hedging "digital gold." - Cardano's $5.66 price surge stems from Hydra scaling, DeFi growth, and emerging market partnerships enhancing cross-border utility. - SUI attracts institutional interest via Move-language security, 100,000+ TPS throughput, and infrastructure-focu

ainvest2025/08/30 01:45
Bitcoin, Cardano, and SUI: Why These 3 Cryptos Dominate Analyst Portfolios in September 2025

BlockDAG’s X1 Miner App: A Disruptive Force in Mass Crypto Adoption and Scalable Blockchain Infrastructure

- BlockDAG emerges as 2025's top crypto buy with hybrid DAG-PoW architecture solving scalability and energy efficiency challenges. - X1 Miner App democratizes mining via smartphones, attracting 2.5M users while balancing grassroots participation with 19,000 ASIC miners. - $383M presale funds infrastructure growth alongside 4,500+ developers building 300+ dApps on EVM-compatible, 10,000 TPS network. - Dual-layer mining model and 70% energy savings create self-sustaining ecosystem, positioning BlockDAG as a

ainvest2025/08/30 01:45
BlockDAG’s X1 Miner App: A Disruptive Force in Mass Crypto Adoption and Scalable Blockchain Infrastructure