HOT/USD Falls to a Strong Support

While most cryptocurrencies are bearish, Holo as well has joined the league of such crypto. Signs coming from technical indicators are telling of the likelihood this crypto’s price testing a Fibonacci 100 retracement level.

HOLO Forecast Statistics Data:
HOT’s current price: is $0.001902
HOT’s market cap: $332.85 million
Holo circulating supply:  173.34 billion
HOT’s total supply: 177 billion
Holo Coinmarketcap ranking: #98

Important Price Levels:
Top Level: $0.001922, $0.001952, $0.001972
Base Levels: $0.001902, $0.001880, $0.001860

Holo Price Prediction Today, October 22, 2022: HOT/USD May Bounce Upwards

Since mid-September HOT/USDT lacked significant strength, as price action becomes less volatile. The last candle on this daily chart is a bearish hammer, and it has perched on the floor of the Bollinger band. Furthermore, by the rule of the Bollinger, an upside bounce can be expected, at this point. Moving to the Stochastic indicator, we can see that the leading curve here has reached the 0.00 level. Therefore since these two signs align, the chances of upside correction is strengthened. Consequently, we can expect a price correction to $0.001982.

Holo Price Prediction Today, October 22, 2022: HOT/USD Starts an Upside Correction

The HOT/USDT 4-hour chart further reveals the nature of the upcoming move in this market. Signs from technical indicator portrays that an upward move in price is on the way. A green candlestick just appeared right off the floor of the BB indicator. Also, the Stochastic indicator has performed a bullish crossover of around the 20%. Although the developing trend still appears weak – judging by the Stochastic indicator. However, should bulls retain price control a bit longer Holo price will soon climb above $0.001942? Consequently, this will open the door for more upside move in price.

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