Facebook X (Twitter) Instagram
    Crypto AcademyCrypto Academy
    • Home
    • News
    • Price Predictions
    • Price Analysis
    • NFTs
    • Learn
    • Press Releases
    • Coins
      • Bitcoin
      • Ethereum
      • Cardano
      • Safemoon
      • Dogecoin
    • Advertise on Crypto Academy
    Facebook X (Twitter) Instagram Telegram
    Crypto AcademyCrypto Academy
    Home»Price Analysis»Holo Price Prediction October 2021: Will HOT Reach $0.10 In October?
    Price Analysis

    Holo Price Prediction October 2021: Will HOT Reach $0.10 In October?

    Dren.HBy Dren.HOctober 13, 20213 Mins Read
    Share
    Facebook Twitter LinkedIn Email Reddit Telegram WhatsApp

    HOT Technical Analysis – October 2021

    Monthly Analysis

    In the last 30 days, HOT has been relatively unstable. Its price initially declined by around 30%, but it found support at $0.007. HOT started increasing again, and it reached $0.01. The price started declining again and has now formed a rounding top pattern, meaning that the price is bearish if the buying pressure is low.

    Weekly Analysis 

    In the last 7 days, HOT has declined by 19%. Nonetheless, the price of HOT has slightly increased recently.  The short-term trend is bearish for HOT.

    Holo Price Prediction October 2021: Will HOT Reach $0.10 In October?

    Daily Analysis

    In the intraday chart, HOT was initially in consolidation, but then had a downward breakout of more than 4%. After that, the price started increasing again. HOT is bullish in the intraday chart.

    Key Structures

    Support

    • $0.007

    Resistance

    • $0.01

    Indicators

    Moving Average

    The 20-day moving average is currently below the price and acting as support for the price of HOT. This could indicate that the trend is still upward and that the price of HOT could keep increasing in the coming weeks.

    The 9-day EMA is slightly above the price, meaning that the trend might now be downward and that the EMA line could resist any upward movement of the price. 

    Relative Strength Index

    The RSI of a daily chart is fairly average and at around 50, meaning that the buying and the selling pressures are somewhat equal. In a 4-hour chart, however, the RSI is more bearish. 

    MACD

    The MACD line is above the signal line and above the baseline. This indicates that the momentum is bullish, despite the lines slightly converging. In a 4-hour chart, the signal line had been above the MACD line, but now the lines are intersecting, indicating that the momentum might change and be bullish.

    Fear & Greed 

    The fear and greed indicator suggests that the current emotion of HOT traders is fear.

    Holo Price Prediction October 2021: Will HOT Reach $0.10 In October?

    Fibonacci

    The Fibonacci retracement levels suggest that the price could find support at the 61.8% level. If that occurs, then the price of HOT could increase and aim for the 23.6% extension level in the coming days.

    Holo Price Prediction October 2021: Will HOT Reach $0.10 In October?

    Price Prediction HOT – October 2021

    Based on this technical analysis on Holo (HOT), we could see its price increase in the coming days if Fibonacci is respected, then we could see the price of HOT increase at larger rates in the coming days. Since BTC is projected to increase in the coming weeks, we could see altcoins such as Holo soar as well. The price of HOT could eventually reach $0.10.

    Latest News for HOT – Affecting Price

    Recently, BTC has been increasing, and many experts are projecting this upcoming bullish trend to be one of the biggest in the market so far. Perhaps this could see the price of HOT increase at immense rates in the coming months.

    Also read: Holo (HOT) Price Prediction 2021 and Beyond – Is HOT a Good Investment?

    Previous ArticleNeo Price Prediction October 2021: Will NEO Reach $150 In October?
    Next Article Cardano Price Prediction October 2021: Will ADA Reach $10 In October?

    Related Posts

    XRP Surges Amid IPO Rumors

    Market Uncertainty to Impact Bitcoin (BTC) This Week

    Bitcoin (BTC) Could Bottom at Around $6,000 Before Reversing the Trend

    KuCoin Pledges $20K Grant to TON Foundation

    December 4, 2023

    Ripple v. SEC Settlement Rumors Run Rampant on X

    December 4, 2023

    How Does SBF Spend His Time in Jail, Former Mobster Explains

    December 4, 2023

    CME Derivatives Traders Betting Both Ways on Spot Bitcoin ETF Approval

    December 4, 2023

    Ethereum’s Goerli Testnet to End Following the Dencun Upgrade

    December 4, 2023
    Facebook X (Twitter) Instagram Telegram RSS
    • Home
    • Advertise on Crypto Academy
    • Terms and Conditions
    • Privacy Policy
    © 2023 Crypto-Academy.org. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version