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- The Love Hate Inu crypto has a very high volatility.
- The LHINU crypto price has lost its value by more than 99% from its all-time high.
Love Hate Inu is a meme coin that rewards users for voting on polls. It has a presale, three tokens, and a voting platform. It is based on Ethereum and has a large community. It is a fun and innovative way to express your opinion and earn crypto.
The total supply of the Love Hate Inu crypto is 100 Billion LHINU and the circulating supply is also the same. Additionally, the volume/market cap ratio of the crypto is 70.97% and the max supply is not defined as per CoinMarketCap.
The fully diluted market cap of the crypto is $1.19 Million and the all-time high price hit by the Love Hate Inu crypto is $0.004501. The crypto hit its all-time high price about nine months ago on May 19, 2023.
Furthermore, the all-time low price of $0.000007564 was hit on December 01, 2023 and since then, the price has risen by 54.8%. The traded volume for the crypto has declined by 4.6% in the last 24 hours. The value for the traded volume of the crypto is $831K and the traded volume ranking of the crypto is #981 in the global cryptocurrency market. In terms of market capitalization, the global ranking of the crypto is #2586.
Love Hate Inu was released on May 8, 2023 and the market sentiment is currently bearish.
The fear and greed index for the crypto is at 66 as per Coincodex which indicates greed among the investors. Additionally, one negative aspect of crypto is that it does not trade with any fiat currencies.
LHINU Crypto Technical Analysis
From its all-time high, the LHINU crypto’s trading price has declined to certain lows and is currently trading in a small range.
Following the chart, if the buyers take over the price and push it to higher levels, the price will need to break above the last swing high and sustain above the same. If the price fails to do so, a further decline in the trading price might be witnessed.
LHINU/USD Chart by TradingView
The moving averages can be seen following the price and as the price of the crypto is consistently declining, a strong downtrend along with a formation of the death cross of the EMAs can be seen on the charts.
The MACD and the signal lines are forming a bullish cross while the lines on the indicator are situated below the zero level. If the lines rise above the zero level, a further increase in the price might be seen.
The RSI seems to be advancing to the higher levels from the oversold zone. The value of the RSI has broken above the 14-day SMA and the 50-level on the daily chart.
Summary
Love Hate Inu is a meme coin with a high volatility and a low market cap. It has lost 99% of its value from its peak and is currently trading in a narrow range. The technical indicators are mixed and the future price movement of this meme coin is uncertain.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
