Holo (HOT)Price Prediction 2023 – Will HOT Hit $0.003 Soon?

Holo (HOT) Price Prediction 2022 — Will HOT Hit $0.005 Soon?
  • Bullish HOT price prediction for 2023 is $0.002251 to $0.004084.
  • Holo (HOT) prices might also reach $0.003 soon.
  • Bearish HOT price prediction for 2023 is $0.001421.

In Holo (HOT) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about HOT to analyze the future movement of the cryptocurrency.

Holo (HOT) Current Market Status

Current Price $0.00142867
24 – Hour Trading Volume $7,932,855
24 – Hour Price Change 3.9% Down
Circulating Supply 177,619,433,541
All – Time High $0.03126682 (On April 05, 2021)  
HOT Current Market Status (Source: CoinGecko)

What is Holo (HOT)?

Holo (HOT) is an Ethereum token that is used to power Holo, a decentralzsed peer-to-peer hosting platform for Holochain apps (hApps). HOT tokens can be earned by users who host hApps on their personal computers.

The Holochain was created with the goal of shifting the paradigm of energy-intensive data-centric blockchains to a much more efficient agent-centric system. A truly global consensus is not maintained in the Holochain network. Rather than a global consensus, each agent in the public blockchain maintains their own private fork, which is managed and stored on the Holochain using a distributed hash table.

Holo (HOT) Price Prediction 2023

Holo (HOT) holds the 107th position on CoinGecko right now. HOT price prediction 2022 is explained below with a daily time frame.

HOT/USDT Descending Triangle Pattern (Source: Tradingview)

The above chart of HOT laid out the Descending Triangle pattern. This pattern is often regarded as a characteristic of a bearish trend. It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower support level, the bearish trend would be sustained.  Generally, descending triangle pattern indicates the reversal of an uptrend or the continuation of the downtrend. Traders keenly look out for a significant breakout point.

Currently, Holo (HOT) is in the range of $0.001465. If the pattern continues, the price of HOT  might reach the resistance levels of $0.001746 and $0.002405. If the trend reverses, then the price of HOT may fall to $0.001363.

Holo (HOT) Support and Resistance Levels

The chart below shows the support and resistance levels of Holo (HOT).

HOT /USDT Support and Resistance Levels

From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Holo (HOT). 

Resistance Level 1 $0.002251
Resistance Level 2$0.002968
Resistance Level 3 $0.004084
Support Level $0.001421
HOT/USDT Support and Resistance Levels

The charts show that Holo (HOT)  has performed a bullish trend over the past month. If this trend continues, HOT might run along with the bulls overtaking its resistance level at $0.004084

Accordingly, if the investors turn against the crypto, the price of Holo (HOT)  might plummet to almost $0.001421, a bearish signal.

Holo (HOT) Price Prediction 2023 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Holo (HOT) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of HOT lies below the cutoff line, indicating weak participants in the current trend.

HOT /USDT RVOL, MA, RSI (Source: Tradingview)

Also, the Moving Average (MA) of Holo (HOT) is shown in the chart above. Notably,  the Holo (HOT) price lies below 50 MA (short-term), so it is downward. Currently, HOT has entered a bearish state. Therefore, there is a possibility of a reversal trend of HOT at any time.

Meanwhile, the relative strength index (RSI) of the HOT is 36.46.This means that Holo (HOT) is in an nearly oversold state. However, this means a major price reversal of HOT may occur in the upcoming days.So, traders need to trade carefully. 

Holo (HOT) Price Prediction 2023— ADX, RVI

Let us now look at the Average Directional Index (ADX) of Holo (HOT). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

HOT /USDT ADX, RVI (Source: Tradingview)

The above chart represents the ADX of Holo (HOT). Currently, the ADX of HOT lies in the range of 28.4557 and thus, it indicates a strong trend. 

The above chart also represents the Relative Volatility Index (RVI) of Holo (HOT). RVI measures the constant deviation of price changes over a period of time. The RVI of HOT lies below 50, indicating low volatility. In fact, the RSI of Holo (HOT) is at 36.46 thus confirming a potential buy signal.

Comparison of HOT with BTC, ETH

The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and  Holo (HOT).

BTC Vs ETH Vs HOT  Price Comparison (Source: Tradingview)

From the above chart, we can interpret that the price action of HOT is similar to BTC and ETH. This indicates that when the price of  BTC and ETH  increases, the price of HOT also increases.When the price of BTC and ETH  decreases,the price of HOT decreases.

Holo (HOT) Price Prediction 2024-2030

Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of Holo (HOT) between 2024 and 2030.

Holo (HOT) Price Prediction 2024

If the declining price action completely slows down in momentum and the trend reverses,  Holo (HOT) might probably attain $0.01 by 2024.

Holo (HOT) Price Prediction 2025

With several upgrades in the network, Holo (HOT) might enter a bullish trajectory. If the coin grabs the attention of major investors, HOT might rally to hit $0.03 by 2025. 

Holo (HOT) Price Prediction 2026

If Holo (HOT) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, HOT would rally to hit $0.05.

Holo (HOT) Price Prediction 2027

If Holo (HOT) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, HOT would rally to hit $0.07.

Holo (HOT) Price Prediction 2028

If Holo (HOT) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, HOT would rally to hit $0.09. 

Holo (HOT) Price Prediction 2029

Holo (HOT) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, HOT would hit $0.1 in 2029.

Holo (HOT) Price Prediction 2030

If investors flock in and continue to place their bets on Holo (HOT), it would witness major spikes. HOT might hit $0.2 by 2030

Conclusion

With continuous improvements in the Holo network, we can say that 2023 is a good year for HOT. For this reason, the bullish price prediction of Holo (HOT) in 2023 is $0.004084. On the other hand,  the bearish price prediction of Holo (HOT) for 2022 is $0.001421.

Furthermore, with the advancements and upgrades to the Holo ecosystem, the performance of HOT would help to reach above its current all-time high (ATH) of $0.03126682 very soon. But, it might also reach $0.003 if the investors believe that HOT is a good investment in 2023.

FAQ

1. What is Holo (HOT)?

Holo (HOT) is an Ethereum token that is used to power Holo, a decentralzsed peer-to-peer hosting platform for Holochain apps (hApps). HOT tokens can be earned by users who host hApps on their personal computers.

2.   Where can you purchase Holo (HOT)?

Holo (HOT) has been listed on many crypto exchanges which include  Binance, Gate.io, Bybit, LBank, Bitget.

3. Will Holo (HOT) reach a new ATH soon?

With the ongoing developments and upgrades within the Holo  platform, HOT  has a high possibility of reaching its ATH soon

4. What is the current all-time high (ATH) of Holo (HOT)?

On April  05, 2021 Holo (HOT) reached its new all-time high (ATH) of  $0.03126682.

5.Is Holo (HOT) a good investment in 2023?

Holo (HOT) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Holo  in the past few months, HOT  is considered a good investment in 2023.

6.   Can Holo (HOT) reach $0.003?

Holo (HOT) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Holo (HOT) will hit $0.003 soon.

7.  What will be Holo (HOT) price by 2024?

 Holo (HOT) price is expected to reach $0.01 by 2024.

8. What will be Holo (HOT) price by 2025?

 Holo (HOT) price is expected to reach $0.03 by 2025.

9.  What will be Holo (HOT) price by 2026?

  Holo (HOT) price is expected to reach $0.05by 2026.

10.   What will be Holo (HOT) price by 2027?

 Holo (HOT) price is expected to reach $0.07 by 2027. 

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

A devoted content specialist who is inquisitive on exploring crypto and blockchain technology. She is fond of providing innovative contents that tugged her to write for NewsCrypto.