{"id":352240,"date":"2022-10-19T16:51:21","date_gmt":"2022-10-19T20:51:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=352240"},"modified":"2022-10-19T16:58:49","modified_gmt":"2022-10-19T20:58:49","slug":"holo-price-prediction-for-today-october-19-hot-is-ranging-within-0-0021-and-0-0020","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/holo-price-prediction-for-today-october-19-hot-is-ranging-within-0-0021-and-0-0020","title":{"rendered":"Holo Price Prediction for Today, October 19: HOT Is Ranging Within $0.0021 and $0.0020"},"content":{"rendered":"

The bears\u2019 momentum is decreasing in HOT market<\/h2>\n

HOTUSD Price Analysis \u2013 October 19<\/h2>\n

When there is an increase in the bears\u2019 momentum, Holo may decrease to $0.0018 and $0.0016 support levels. In case the support level of $0.0020 holds, price may bounce up and change direction towards the resistance level at $0.0021, $0.0023 and $0.0025.<\/p>\n

Key levels:<\/h2>\n

Resistance levels: $0.0021, $0.0023, $0.0025<\/p>\n

Support levels: $0.0020, $0.0018, $0.0016<\/p>\n

HOTUSD Long-term Trend: Ranging<\/h2>\n

HOTUSD is ranging on the daily chart. The bearish momentum was increasing in the Holo market. Price reduced to the support level of $0.0019 on September 06. The sellers\u2019 pressure could not break down the mentioned level. Likewise, buyers\u2019 momentum is low and could not penetrate the resistance level of $0.0021. This led to ranging movement within $0.0021 and $0.0019 levels. Ranging movement may continue until there is a breakout.<\/p>\n

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The fast Moving Average (9 periods) is close to the slow Moving Average (21 periods EMA) and the price is trading around the two EMAs as a sign of ranging movement. When there is an increase in the bears\u2019 momentum, price may decrease to $0.0018 and $0.0016 support levels. In case the support level of $0.0020 holds, price may bounce up and change direction towards the resistance level at $0.0021, $0.0023 and $0.0025. The relative strength index period 14 is pointing down at 42 levels to indicate a sell signal.<\/p>\n

\u00a0HOTUSD medium-term Trend: Ranging<\/h2>\n

HOTUSD is bearish in the 4-hour chart. The ranging movement commenced when sellers pushed down the price to the support level of $0.0019. Buyers opposed the sellers movement but unable to break up the resistance level of $0.0021. There is currently low volatility in the Holo market and this cause ranging movement within $0.0019 and $0.0021 levels.<\/p>\n

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