Price Analysis

Holo (HOT) Price Predictions: Holochain’s Growth May be Deterred at 0.0035 USD

Holochain (HOT) is a platform facilitating peer-to-peer networking for agreements that are agent-centric and mechanisms between users. The platform is completely decentralized. Each agent on this platform maintains a private fork which is stored in a different way with limitations on the public blockchain with a distributed hash table. The Holo ecosystem depends on hosts that provide processing and storage for distributed applications. Holo Chain d-Apps can be created with JavaScript or Lisp, with support for front-end systems using CSS, HTML, and JavaScript.

Current Statistics-

Holo

  • Holochain (HOT) is ranked at 41st position in the global crypto market.
  • It has an ROI (Return on Investment) of 95.96 %.
  • The current circulation of Holocoins stands at 133,214,575,156 HOT.
  • The current market cap as on 20th April at 04:29 UTC is 191,007,720 USD.
  • The value of each coin in terms of USD and BTC stands at 0.001434 USD and 0.00000027 BTC.
  • The 24 h volume stands at 10,904,940 USD at the same UTC.

Comparison-

The journey of Holochain has been very positive in 2019. The coin started the year with a very low price at 0.0004 USD. But in 20 days, it gained momentum. Though the variations are at play for Holocoin, the percentage growth is commendable. Over the last 100 days, it has gained almost 3 times its value. The market cap on 20th March was 156,541,466 USD, and the value of each coin in terms of USD and BTC was 0.001175 USD and 0.00000029 BTC. The current market cap is 22.01 % more than the market cap of 20th March. The value of each coin also has gained 22.04 % in the last 30 days.

Prediction-

Holochain (HOT) has gained value in the last few days. The price is now roaming around 0.0014 USD. And the growth is to continue for some time. The next resistance should be there at 0.0035 USD. From there the coin may see a downtrend. But by the end of this quarter, the value should be as high as 0.01 USD again. The 2019 path is also bullish. We predict the coin to reach 0.5 USD by the end of the 1st quarter of 2020.

Conclusion-

We advise the short term investors to make some buying right now in these low prices. The selling position should be there in 3 weeks. Medium-term holders should aim at the second resistance level. Long term holders will be profited hugely if they stick to their holding till 2020.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
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