- The HOT token price moves above the several EMA’s during intraday.
- The 24-hour trading volume is at $287 million.
- HOT/BTC pair is trading positive by 0.5% at 0.00000021 BTC.
Moving Average (EMA) In the HOT token daily price chart containing 8,13,21,55 EMA, it is a reliable support for currency price movements. Investors can find that price moves above the yellow line and guarantee a HOLO uptrend as long as prices are above the moving average.
The volume (3.161 B) is below the 20-day moving average (9.626 B). The volume is low, so the cost is decreasing for several days. Investors may also mark a decrease in volume. This indicates that unusual changes are normal on the following trading days.
HOT Token Price Trend Tests The Resistance Zone
The daily price chart of the HOT token gets rejected from the resistance zones. Depending on the price action, the support area is within $0.008. On the flip side, the resistance range to look for is around $0.015.
The RSI showed a signal of 58 (bullish) with a short-term buy sign. Investors may find that the indicator’s RSI line is sloping upside. A surge can happen on future trading days.
The MACD shows a (bearish) cross below the signal line on November 11, indicating a sell signal for the currency. In addition, investors can see red bars in the histogram indicator.
Conclusion
Holo is currently trading at $0.01395633 with a 24-hour trading volume of $287,533,931. HOT prices have increased 2.6 percent in the past 24 hours. It has a circulation of 180 billion hot coins and a total supply of 178 billion.
RSI shows a buy sign, and MACD indicates a sell signal. Traders have directed low volume. In fact, the cost got rejected from the resistance zone. A market overview also shows that this pattern will continue to surge in the coming trading days.
Resistance Level: $0.015
Support Level: $0.008