Holo (HOT)Price Prediction 2022 – Will HOT Hit $0.005 Soon?
- Bullish HOT price prediction is $0.002983 to $0.007274.
- Holo (HOT) prices might also reach $0.005 soon.
- Bearish HOT price prediction for 2022 is $0.001825.
In Holo (HOT) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about HOT to analyze the future movement of the cryptocurrency.
Holo (HOT) Current Market Status
According to CoinGecko, the price of Holo (HOT) is $0.002370 with a 24-hour trading volume of $31,235,701 at the time of writing. However, HOT has increased by nearly 2.0% in the last 24 hours.
Moreover, Holo (HOT) has a circulating supply of 177,619,433,541 HOT. Holo (HOT) trades in cryptocurrency exchanges such as Binance, Huobi Global, LBank, FMFW.io and Bitrue.
What is Holo (HOT)?
Holo (HOT) is an Ethereum token that is used to power Holo, a decentralzsed peer-to-peer hosting platform for Holochain apps (hApps). HOT tokens can be earned by users who host hApps on their personal computers.
The Holochain was created with the goal of shifting the paradigm of energy-intensive data-centric blockchains to a much more efficient agent-centric system. A truly global consensus is not maintained in the Holochain network. Rather than a global consensus, each agent in the public blockchain maintains their own private fork, which is managed and stored on the Holochain using a distributed hash table.
Holo (HOT) Price Prediction 2022
Holo (HOT) holds the 102nd position on CoinGecko right now. HOT price prediction 2022 is explained below with a daily time frame.
The above chart of Holo (HOT) laid out the Horizontal channel pattern, also known as the sideways trend. In order to indicate how the price is constrained between the upper line of resistance and lower line of support, horizontal channels are trend lines that join changeable price highs and lows.
Currently, Holo (HOT) is in the range of $0.002077 If the pattern continues, the price of HOT might reach the resistance levels of $0.002370, $0.002942 and $0.004500 If the trend reverses, then the price of HOT may fall to $0.001911.
Holo (HOT) Support and Resistance Levels
The chart below shows the support and resistance levels of Holo (HOT).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Holo (HOT).
| Resistance Level 1 | $0.002983 |
| Resistance Level 2 | $0.004074 |
| Resistance Level 3 | $0.005376 |
| Resistance Level 4 | $0.007274 |
| Support Level | $0.001825 |
The charts show that Holo (HOT) has performed a bullish trend over the past month. If this trend continues, HOT might run along with the bulls overtaking its resistance level at $0.007274.
Accordingly, if the investors turn against the crypto, the price of Holo (HOT) might plummet to almost $0.001825, a bearish signal.
Holo (HOT) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Holo (HOT) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of HOT lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of Holo (HOT) is shown in the chart above. Notably, the Holo (HOT) price lies above 50 MA (short-term), so it is in an uptrend. Currently, HOT has entered a bullish state. Therefore, there is a possibility of a reversal trend of HOT at any time.
Meanwhile, the relative strength index (RSI) of the HOT is 53.68.This means that Holo (HOT) is in an overbought state. However, this means a major price reversal of HOT may occur in the upcoming days.So, traders need to trade carefully.
Holo (HOT) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Holo (HOT). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Holo (HOT). Currently, the ADX of HOT lies in the range of 30.664397 and thus, it indicates a strong trend.
The above chart also represents the Relative Volatility Index (RVI) of Holo (HOT). RVI measures the constant deviation of price changes over a period of time. The RVI of HOT lies above 50, indicating high volatility. In fact, the RSI of Holo (HOT) is at 53.68 thus confirming a potential sell signal.
Comparison of HOT with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Holo (HOT).
From the above chart, we can interpret that the price action of HOT is similar to BTC and ETH. This indicates that when the price of BTC and ETH increases, the price of HOT increases. When the price of BTC and ETH decreases, the price of HOT decreases.
Holo (HOT) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Holo (HOT) might probably attain $0.007 by 2023.
Holo (HOT) Price Prediction 2024
With several upgrades in the network, Holo (HOT) might enter a bullish trajectory. If the coin grabs the attention of major investors, HOT might rally to hit $0.009 by 2024.
Holo (HOT) Price Prediction 2025
If Holo (HOT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, HOT would rally to hit $0.01.
Holo (HOT) Price Prediction 2026
If Holo (HOT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, HOT would rally to hit $0.03.
Holo (HOT) Price Prediction 2027
If Holo (HOT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, HOT would rally to hit $0.06.
Holo (HOT) Price Prediction 2028
If Holo (HOT) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, HOT would hit $0.08 in 2028.
Holo (HOT) Price Prediction 2029
If investors flock in and continue to place their bets on Holo (HOT), it would witness major spikes. HOT might hit $0.1 by 2029.
Holo (HOT) Price Prediction 2030
With greater advancements in the Holo ecosystem, the crypto community might continue to invest in HOT for the next 8 years and drive significant price rallies for the token. Hence, Holo (HOT) might hit $0.3 by 2030.
Conclusion
With continuous improvements in the Holo network, we can say that 2022 is a good year for HOT. For this reason, the bullish price prediction of Holo (HOT) in 2022 is $0.007274. On the other hand, the bearish price prediction of Holo (HOT) price prediction for 2022 is $0.001825.
Furthermore, with the advancements and upgrades to the Holo ecosystem, the performance of HOT would help to reach above its current all-time high (ATH) of $0.03126682 very soon. But, it might also reach $0.005 if the investors believe that HOT is a good investment in 2022.
FAQ
Holo (HOT) is an Ethereum token that is used to power Holo, a decentralzsed peer-to-peer hosting platform for Holochain apps (hApps). HOT tokens can be earned by users who host hApps on their personal computers.
Holo (HOT) has been listed on many crypto exchanges which include Binance,Huobi Global, LBank, FMFW.io and Bitrue.
With the ongoing developments and upgrades within the Holo platform, HOT has a high possibility of reaching its ATH soon
On April 05, 2021 Holo (HOT) reached its new all-time high (ATH) of $0.03126682.
Holo (HOT) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Holo in the past few months, HOT is considered a good investment in 2022.
Holo (HOT) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Holo (HOT) will hit $0.005 soon.
Holo (HOT) price is expected to reach $0.007 by 2023.
Holo (HOT) price is expected to reach $0.009 by 2024.
Holo (HOT) price is expected to reach $0.01by 2025.
Holo (HOT) price is expected to reach $0.03 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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