HOLO Price Prediction Today: Daily (HOT) Value Forecast – July 29


  • The short and medium-term outlook is in a bearish trend.
  • Responsible selling recommended.

HOT/USD Medium-term Trend: Bearish

Supply zone: $0.004000, $0.006000, $0.008000
Demand zone: $0.001000, $0.000900, $0.000800

HOLO is in a bearish trend in the medium-term outlook. The bears retain dominance in the market at the beginning of another trading week with $0.001002 as yesterday low of the day. Today market opened on a bullish note at $0.001144. The coin had a brief rally as price rises to $0.001167 in the supply area.

The bearish momentum may be sustained due to the pressure from the bounce of the trendline. With price below the two EMAs currently at $0.001029 in the demand area. A new low is imminent before the end of today session.

The stochastic oscillator signal points down at 22% suggesting downward momentum in price.

HOT/USD Short-term Trend: Bearish

The cryptocurrency is in a downtrend in the short-term outlook. $0.001150 in the supply area is key resistance. Price rejection occurred in this area over the last two days. The bullish momentum as the market opens today at $0.001046 was lost at $0.001167 in the supply area before the bears took over the control of the market.

Price is above the two EMAs but the stochastic oscillator signal points down at 32% suggesting divergence. This implies that the downward momentum may return in as more traders are in the sell position as suggested by the stochastic oscillator.

Live Holo (HOT) Price:

1 HOT/USD =$0.0007 change ~ -6.51%

Coin Market Cap

$113.73 Million

24 Hour Volume

$2.59 Million

24 Hour VWAP

$0

24 Hour Change

$0.00

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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