Holo (HOT) Price Analysis: Holo Being Highly Resistive To Market Shocks, Can Be Considered As A Good Investment Opportunity

It has been seen earlier also that Holo has not suffered greatly due to intense market volatility, but that doesn’t imply that the market fluctuation does not influence its price. There its future values have to be dependent on market trends only. According to a renowned crypto analyst, HOLO is aimed to touch $0.0015 mark in summer 2019, but, if the condition remains prosperous then, it can even exceed this value.

The team members of HOLO are highly qualified and are quick adopters to the latest technologies like BUIDL idea, which makes it evident enough to understand that why HOLO might not ever get perished for not keeping up with the technology and trends.

One has to keep in mind that besides considering the capacity of a cryptocurrency, he must not forget that BTC impacts every single cryptocurrency. So, if BTC can reach the new height as foretold by analysts, then, HOT and other altcoins have a great probability of losing their value to BTC and get deterred to their lowest value.

Current status of HOT:

  • Current market price: USD 0.001218
  • Market cap: 162,214,002 USD
  • Market rank: 44
  • Circulating supply: 133,214,575,156 HOT

Price analysis and future price predictions:

HoloThe above chart shows that at present HOT is getting traded at 0.001228 USD or 0.00000017 BTC (UTC TIME 07:56). Its current 24h volume is worth of 10,521,289 USD. The same chart shows that approx. 1 month earlier, HOT had a trading volume of 0.001308 USD. So, within this approx. 1 month, HOT’s value has been decreased by -6.11%.

Considering the market fluctuations and the above price analysis, we assume that HOT can reach a value of 0.00154 USD by the end of 2019.

Conclusion:

HOT, although much stable but will fluctuate with the market sentiments. Therefore, it is better to be aware of the BTC’s price in order to make the right investment decision.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

Related Articles

Back to top button