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Holochain (HOT) has seen a 3% surge in price in the last 24 hours of trading, bringing its current price to $0.00136 as of 6:46 a.m. EST.
Over the past week, HOT has shown a 34% price increase. Its 24-hour trading volume has increased substantially, jumping 100.2% to $134 million.
Will Holochain’s Price Sustain the Bullish Momentum?
Holochain’s price has recently experienced an extended consolidation period. However, bullish momentum has resurged, leading to a breakout and price increase.
Despite bears’ efforts to lower prices to $0.001235, the bulls have solidified their position. A rebound at $0.00105 has formed a hammer candlestick, propelling the price upward.
This support zone was the foundation for a price surge that pushed Holochain to an all-time high of $0.00152.
The 50 crossover reinforces the bullish perspective. The 50-day and 200-day simple moving averages at $0.00103. These moving averages support HOT’s price, with the 200 SMA at $0.00105 and the 50 SMA at $0.00111.
Meanwhile, the relative strength index (RSI) is on a downward trend toward the 70-level, coinciding with HOT’s price reversal following resistance at $0.00152. This shows substantial selling pressure on HOT’s price, potentially allowing the bears to drive the RSI down to the 50-level mark.
Holochain generally exhibits a bullish trend, rebounding at the $0.00105 support level. If this bullish momentum persists, HOT has the potential to surpass resistance at $0.00152, establishing a new all-time high (ATH).
As a result, bears may take advantage of the $0.00152 barrier, potentially driving bulls to seek support at $0.00124. A breach below this support level could lead to further losses, potentially reaching the $0.00105 support for HOT buyers.
Shifting the focus, the presale of Bitcoin Minetrix has become a topic of discussion. The presale has witnessed a notable surge in interest for its unique stake-to-mine feature, attracting investors.
Exciting Opportunities with BTCMTX Presale and Staking: Act Now!
Get your BTCMTX tokens in Stage 2 of the presale, with only 12 days remaining. You have the convenient option to buy and stake BTCMTX tokens and gain cloud mining credits.
#BitcoinMinetrix is now in Stage 2! 🎉 pic.twitter.com/mT63lX9MRP
— Bitcoinminetrix (@bitcoinminetrix) October 16, 2023
During the presale period, 115 million tokens were actively staked, providing an outstanding annual percentage yield (APY) of 360% through BTCMTX’s Stake-to-Mine feature.
This phase has already amassed $1,588,467 in funding, offering each token at the current price of $0.011, set to increase as the presale progresses.
In a YouTube video, Ari, who’s behind the “CryptoNews” channel, expresses strong optimism about BTCMTX, considering it a promising presale coin with the potential to reshape the landscape of BTC mining. Additionally, Ari believes BTCMTX will be a game-changer by providing a more efficient and secure mining method.
He encourages people to invest and be part of the revolution. With Ari’s positive outlook, BTCMTX will likely become successful and revolutionize BTC mining.
Ari also imparts valuable insights into purchasing BTCMTX and optimizing its staking features in the video.
Join the $30,000 Minedrop Competition
You can buy BTCMTX tokens on the official website by linking your Web3 wallet. You can gain BTCMTX tokens using bank cards or exchanging ETH, BNB, or USDT for BTCMTX.
The BTCMTX team intends to raise more than $15 million in a fair presale. Consequently, it gives investors up to 78% of the total token supply. The remaining 22% will be set aside for community programs and staking rewards to foster community involvement and token stability.
#BTCMTX offers a trustworthy cloud mining solution for all.
In the past, concerns about expensive hardware and cloud mining frauds discouraged numerous individuals from participating.
This decentralized strategy ensures a mining journey that is both transparent and secure.🔒🔓 pic.twitter.com/gQddNUPpnk
— Bitcoinminetrix (@bitcoinminetrix) October 17, 2023
They will use the presale proceeds to launch the Bitcoin Minetrix platform and promote the token. Ultimately, the project aims to establish a cloud mining facility or secure a long-term lease on such a facility.
Don’t miss out on the BTCMTX $30,000 Minedrop Competition, where 10 fortunate participants can win BTCMTX tokens, each valued at $3,000.
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