• Ethereum-altcoin Hashflow Token (HFT) is currently on a breakout on the technical chart and can rally going ahead.
• Crypto strategist Cantering Clark shared a bullish view of HFT with his followers, saying it has potential for a big move ahead.
• Hashflow Token (HFT) is a microcap in the crypto space with a valuation of just $128 million at press time.
Hashflow Token Set for Big Rally
Ethereum-altcoin Hashflow token (HFT) is currently on the rise, breaking out from its accumulation zone according to technical chart shared by crypto strategist Cantering Clark. With a current valuation of just $128 million, traders are betting big that HFT will experience huge gains in the coming short term.
Cantering Clark’s Bullish View
In his tweet to his 160,000 followers, Cantering Clark noted he was building up a spot position in HFT because “the setup is looking like it has quite a move ahead of it”. He believes three factors are in favor for HFT: new coin and new chart effect; not microcap but not overweight; and last tickerless chart posted did 3x this week.
Hashverse Launch Planned For 2023
Hashflow blockchain recently released its roadmap for 2023 which includes plans to launch Hashverse – an interactive gamified story verse-driven decentralized autonomous organization (DAO). This platform will allow users to stake tokens, complete quests and earn non fungible tokens (NFTs). In order to facilitate interoperability and zero slippage, the Hashflow token is built on Ethereum Layer 1 competitor Fantom (FTM).
Crypto Market Recovery Pushes Altcoins Higher
The crypto market recovery of 2023 has seen major giants like Ethereum (ETH) rally by 40 percent while other altcoins have posed gains even higher at 70-80 percent. Analysts believe that one such low cap Ethereum altcoin – Hashflow Token – could be set for massive gains if it breaks its major resistance barriers.
Conclusion
Hashflow Token has been identified as one low cap Ethereum altcoin that could potentially deliver huge returns if it manages to break through resistance levels successfully. Crypto analysts are expecting big things from this altcoin in the near future as it continues to rally on the charts with strong momentum behind it.
