HOT USDT Holo Technical Analysis

Photo of author

By Frans van Elst

Holo logo In this Holo technical analysis, we will examine the current price action, trading volume, key levels and indicators for HOT-USDT. Holo (HOT) is a decentralized platform that enables the creation of interactive and immersive augmented reality (AR) experiences. By leveraging blockchain technology, Holo’s network allows for peer-to-peer interaction and content sharing, creating a more accessible and open AR ecosystem. With its innovative approach to AR technology, Holo has the potential to revolutionize the way we interact with digital content in our daily lives.

Holo Price Overview:

As of May 20, 2024, Holo is trading at approximately 0.00216 USDT. Let’s dive into the detailed price action for HOT-USDT:

Consider bearish sentiment for Holo (HOTUSDT) at 2.16e-03 USDT as technical analysis emphasizes weakened support and cautionary indicators for potential downturns.

Metric Value
Open (O) 0.00216
High (H) 0.00222
Low (L) 0.00212
Close (C) 0.00216
Volume (C) 493,014,731.00
  • Open (O): The opening price for today’s trading session was approximately 0.00216 USDT.
  • High (H): Holo reached a daily high of around 0.00222 USDT.
  • Low (L): The daily low for HOT-USDT was approximately 0.00212 USDT.
  • Close (C): At the time of analysis, Holo is trading near its daily close of 0.00216 USDT.
Metric Value
1D Change (%) -0.14%
3D Change (%) -5.56%
7D Change (%) -1.33%
30D Change (%) -16.06%
90D Change (%) -8.25%
YTD Change (%) -10.94%

Over the past three days, HOTUSDT has dropped by approximately -5.56%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -1.33%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with HOTUSDT maintaining a downward trend of approximately -16.06%, despite intermittent fluctuations. Examining the last 90 days, HOTUSDT has witnessed substantial fall of approximately -8.25%, reflecting strong long-term confidence. Year-to-date, HOTUSDT has steadily declined by around -10.94%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Holo Live Chart:

You can access a live price chart for HOT-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.

Price Volatility and Momentum:

  • Volatility score is 0.5208.
  • Momentum score is -0.109.

HOT USDT Technical Analysis

Holo Trading Volume:

The trading volume for Holo (HOT) over the past 24 hours has been insignificant, with approximately 493,014,731.00 USDT traded against HOT. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): HOT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Holo is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for HOT-USDT is currently in the low zone, around 43.04749. This suggests that Holo is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Holo (HOT-USDT) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the low RSI and insignificant trading volume are low signals for potential downward movement.

Consider bearish sentiment for Holo (HOTUSDT) at 2.16e-03 USDT as technical analysis emphasizes weakened support and cautionary indicators for potential downturns.

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

You have not selected any currencies to display