- Bullish HOT price prediction ranges from $0.0024 to $0.0075.
- HOT price might also reach $0.008 this 2022.
- HOT’s bearish market price prediction for 2022 is $0.0012.
Holo is a distributed marketplace for cloud hosting of decentralized peer-to-peer applications. It is an Ethereum-based token with its native token denoted as HOT.
Holo investors are bullish on the token since it has a return on investment (ROI) of over eight times in the past three years. The crypto bubble 2021 led to an increase in the price of HOT to its present all-time high (ATH) of $0.03157, attained in April 2021. Irrespective of the recent crypto winter, which led to a dip in the price of most cryptocurrencies, HOT investors are confident that the future of HOT is bullish.
If you are interested in the future of Holo (HOT) and want to know the price analysis and prediction of HOT for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.
What is Holo (HOT)?
Holo is a distributed marketplace for cloud hosting of decentralized peer-to-peer applications. It is an Ethereum-based token with its native token denoted as HOT. Holo is to cloud hosting what Airbnb is to hotels. Users that make their computers available to host decentralized applications are paid with Holo fuel. Holo was launched through an initial coin offering in 2018.
Holochain has two tokens: Holofuel and HoloToken (HOT). HoloFuel ensures access to the Holo hosting network by acting as an internal currency, while HoloToken (HOT) can be swapped to Holofuel in the ratio of 1:1 by users.
The three primary players on the Holo platform are App users, Hosts and App Publishers. The App Publishers get access to storage facilities in the forum by paying the Host in Holofuel, while the App users are the distributed applications on the Host. Arthur Brock and Eric Harris-Braun founded Holo.
Holochain community has over 1000 developers, 28,000 commits and over 450 forks and believes that the community is the infrastructure and that the app’s scalability can increase with its popularity. There is distributed database, self-owned data and peer accountability on the Holo platform.
Holo (HOT) Current Market Status
The maximum supply of Holo (HOT) is unknown, while its circulating supply is 173.34 billion HOT, according to CoinMarketCap. At the time of writing, HOT is trading for $0.0019, representing 24 hours decrease of 3.64%. The trading volume of HOT in the past 24 hours is $19.8 million, which represents a 14.37% decrease.
Some top cryptocurrency exchanges for trading Holo (HOT) are Binance, MEXC, Huobi Global, Gate.io, LBank, and others.
Now that you know what HOT is and its current market status, we shall discuss the price analysis of Holo (HOT) for 2022.
Holo (HOT) Price Analysis 2022
Currently, HOT is ranked in the 95th position on CoinMarketCap. Will developments and upgrades within the Holo community increase the price of Holo (HOT)? We shall see in this CoinEdition price analysis 2022 article.
Holo (HOT) Price Analysis – Keltner Channel
Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Holo (HOT), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bullish, the increase in the price of HOT might be sustained before any reversal would be expected.
Holo (HOT) Price Analysis – Relative Strength Index
The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Holo (HOT) 1day chart of HOT/USDT is 45.16. This shows that HOT is showing a neutral trend between 30 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the strong trend region, before any price correction soon.
Holo (HOT) Price Analysis – Moving Averages
The chart above shows the 1Day chart of HOT 200-day and 100-day Moving Average (MA). As indicated in the recent uptrend, HOT is on a bullish trend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.
Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Holo (HOT) might experience a significant rise or fall in the future.
Holo (HOT) Price Prediction 2022
By looking at the daily chart of HOT/USDT, the HOT price was swinging from $0.0031 resistance2 to $0.0024 resistance1 after touching the support level at $0.0017. It reversed from the support level of $0.0017 and now going sideways in the market and is expected to be bullish in the coming weeks.
Meanwhile, our long-term HOT price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect HOT to reach $0.008 in 2022.
Holo (HOT) Price Prediction – Resistance and Support Levels
This bullish chart shows that the price of HOT has decreased by 2.7% in the past 30 days. If this price decrease reverses, HOT could break the $0.0024 resistance1 level and move higher to $0.0075 at the resistance6 level and even higher, the bullish signal for 2022.
However, if sellers have their way, the price of HOT might be dethroned from its present uptrend position. In simpler terms, HOT might trend below the $0.0012 support level and even lower in 2022, a bearish signal.
Holo (HOT) Price Prediction 2023
If the value of the relative strength index (RSI) of HOT is at least 60 by the end of 2022, it means that the bulls and investors are in change. This could spill over into the first half of the year 2023, which could make the price of Holo (HOT) trade around $0.01 by the end of 2023.
Holo (HOT) Price Prediction 2024
The positive sentiment with the news of Bitcoin halving could directly impact the price of HOT. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the price of HOT trade at $0.02 by the end of 2024.
Holo (HOT) Price Prediction 2025
By the end of 2025, the price of Kava (KAVA) could rise to $0.04. This is because of the price surge a year after Bitcoin halved. Also, considering more developments and commits will attract more developers and users to hot their computers on the platform.
Holo (HOT) Price Prediction 2026
With the number of HOT hodlers on the increase and the growing sentiment about cryptocurrencies, HOT has the possibility of holding most of its recent gains and consolidating. Hence, the price of HOT could trade around $0.06 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.
Holo (HOT) Price Prediction 2027
By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of HOT could surge to $0.1 by the end of 2027.
Holo (HOT) Price Prediction 2028
In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. Therefore, the market could attain a higher high-value Holo (HOT) and hit $0.2 by the end of 2028.
Holo (HOT) Price Prediction 2029
By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin (BTC) halving, could surge the price of HOT to $0.5 by the end of 2029.
Holo (HOT) Price Prediction 2030
The cryptocurrency market experienced high stability as a result of the hodling activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of Holo (HOT) to trade around $1 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.
Conclusion
As said above, HOT might reach $0.0075 in 2022 and $1 by 2030 if investors have decided that HOT is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
Holo is a distributed marketplace for cloud hosting of decentralized peer-to-peer applications. It is an Ethereum-based token with its native token denoted as HOT. Holo is to cloud hosting what Airbnb is to hotels. Users that make their computers available to host decentralized applications are paid with Holo fuel. Holo was launched through an initial coin offering in 2018.
Like other cryptocurrencies, Holo (HOT) can be traded in cryptocurrency exchanges like Binance, Huobi Global, MEXC, Gate.io, and others.
HOT has a low possibility of surpassing its present all-time high (ATH) price of $0.03157 in 2022. However, due to the positive sentiments of its investors, this could be reached by 2025.
HOT is one of the few cryptocurrencies that has retained its bullish momentum in the past seven days. If this momentum is maintained, HOT might reach $0.008 soon after its breaks the $0.0075 psychological resistance.
HOT has been one of the most suitable investments in the crypto space in the past three years. Its return on investment of over 816% makes it one of the assets to keep on the watch list and hodl for the future.
HOT has a current all-time low price of $0.0002189.
Arthur Brock and Eric Harris-Braun co-founded Holo.
HOT has a maximum supply that is unknown.
It was launched in 2018.
HOT can be stored in private wallets and cold and hot wallets of centralized exchanges.
HOT price is expected to reach $0.01 by 2023.
HOT price is expected to reach $0.02 by 2024
HOT price is expected to reach $0.04 by 2025
HOT price is expected to reach $0.06 by 2026.
HOT price is expected to reach $0.1 by 2028.
HOT price is expected to reach $0.2 by 2028.
HOT price is expected to reach $0.5 by 2029.
HOT price is expected to reach $1 by 2030.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
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