HOLO Price Prediction Today: Daily (HOT) Value Forecast – July 24
- The short and medium-term outlook is in a range-bound market.
- Patience while trading the consolidation for a breakout or price breakdown.
HOT/USD Medium-term Trend: Ranging
Supply zone: $0.004000, $0.006000, $0.008000
Demand zone: $0.00100, $0.000900, $0.000800
HOLO is in a range-bound market in the medium-term outlook. Yesterday session had a high of $0.001272 and a low of $0.001272 as the struggle for dominance in the market continues. Today’s market opened though on a bullish at $0.001180, price manage to rise to $0.001288 within the range.
With a low at $0.001141, the coin may continue consolidating as confirmed by the signal of the stochastic oscillator in parallel line at 50%.
HOTUSD is in consolidation and trading between $0.001400 in the upper supply area and at $0.001090 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence patience is required to allow this to happen before a position is taken.
HOT/USD Short-term Trend: Ranging
The cryptocurrency is in a consolidation trend in the short-term outlook. Despite a bearish opening at $0.001304, the coin dropped to $0.001141 while the rally push price up to $0.001288 within the range.
Price is above the two EMAs and the stochastic oscillator signal points up at 77% suggesting an upward momentum within the range.
$0.001350 is the upper supply area while $0.001100 is the lower demand area. A breakdown or breakout in price may occur, hence patience should be exercised before taking a position after retest.
Live Holo (HOT) Price:
1 HOT/USD =$0.0115 change ~ 2.32%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.