Huobi Token Price Prediction 2023-2030: Will HT Price Reach $10 Soon?

• Bullish HT price prediction ranges from $6.87 to $7.36.
• HT price might also reach $10 this 2023.
• HT’s bearish market price prediction for 2023 is $2.433.

Huobi Token (HT) is an Ethereum-based token owned by the cryptocurrency exchange Huobi Exchange. The symbol for the ERC-20 Huobi Token is HT.

Huobi Token (HT) investors are bullish on the token since it has had a return on investment (ROI) of over five times in the past four years. The crypto bubble 2021 led to an increase in the price of HT to its present all-time high (ATH) of $39.81, which was attained in May 2021. Irrespective of the recent crypto winter, HT investors are confident that the future of HT is bullish.

If you are interested in the future of Huobi Token (HT) and want to know the price analysis and price prediction of HT for 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.

Huobi Token (HT) Market Overview

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What is Huobi Token (HT)?

Huobi Token is the native token of the Huobi exchange. It was launched as an ERC-20 by the exchange in January 2018 after the Binance Coin (BNB) by the Binance exchange. Huobi exchange is a Seychelles that Leon Li founded in 2013. The initial coin offering (ICO) of Huobi Token (HT) was sold for $1.52 per HT, which is the equivalent of 66HT to 100 USD. Only 60% of the maximum supply of 500 million HT, representing 300 million HT, was sold during the ICO. One hundred million HT was reserved for user rewards, while the remaining 100 million HT was reserved for the team.

Holders of Huobi Token (HT) can trade the token and also stake the token to receive rewards, depending on the duration. Holders have voting rights on proposals about the exchange before the final decision.

Other advantages that could be accrued to HT holders include receiving bonuses from the exchange, enjoying buybacks from the Huobi Group, receiving a discount for transaction fees on the sale, over-the-counter (OTC) legal services, invitations and rebates, acquiring new cryptocurrency assets that are listed on Huobi exchange and more trading options of HT with other cryptocurrencies.

With the repurchase and destruction of HT that is executed from 20% revenue from both Huobi contract and Huobi Group, investors are sure of remaining bullish on the future of the token due to its reduced circulating supply with time.

Analysts View on Huobi Token (HT)

In a deal brokered by About Capital, a Hong Kong-based investment firm reportedly led by Tron founder Justin Sun, Huobi Global’s majority shareholder Leon Li has agreed to sell his entire stake in the cryptocurrency exchange on October 8, 2022. After the news release, HT’s price soared. 

After the price surge, several observers speculated that the HT market price would see a precipitous collapse.

Yesterday I heard rumours about Huobi. Now I see a lot of withdrawals from it. And the $HT chart looks ugly af.

These are just rumours, but better safe than sorry. pic.twitter.com/YCe1TpuZdH

— il Capo Of Crypto (@CryptoCapo_) November 11, 2022

Huobi Token (HT) Current Market Status

The maximum supply of Huobi Token is 500 million HT. In comparison, its circulating supply is 162,233,844 HT, according to CoinMarketCap. At the time of writing, HT is trading for $2.90, representing 24 hours increase of 1.14%. The trading volume of HT in the past 24 hours is $9,739,648, which represents a 16.52% decrease.

Some of the top cryptocurrency exchanges for trading Huobi Token (HT) are Huobi Global, Gate.io, Kucoin, and others.

Now that you know what HT is and its current market status, we shall discuss the price analysis of Huobi Global (HT) for 2023.

Huobi Token (HT) Price Analysis 2023

Currently, HT is ranked in the 82 positions on CoinMarketCap. Will developments and upgrades within the Huobi Group lead to a rising price of Huobi Token (HT)?

Huobi Token (HT) Price Analysis – Bollinger Bands

The Bollinger Bands is a technical analysis tool that is used to analyze price movement and volatility. Bollinger Bands (BB) utilizes the time period and the stand deviation of the price. Normally, the default value of BB’s period is set at 20. The upper band of the BB is calculated by adding 2 times the standard deviations to the Simple Moving Average (SMA), while the lower band is calculated by subtracting 2 times the standard deviation from the SMA. Based on the empirical law of standard deviation, 95% of the data sets will fall within the two standard deviations of the mean. 

The current 1-Day chart of HT/USDT shows that the market is experiencing a low volatility in the market. Moreover, the Bollinger Band Width is pointed downwards indicating that the market could continue to witness a low volatility. Earlier, HT experienced high major volatility four times, before it continued towards its low volatile trek. A breakout can be expected only if a Bollinger Band squeeze is observed in the market. The Bollinger Band squeeze would be the launchpad for any confirmation of trends in the market. 

Huobi Token (HT) Price Analysis – Relative Strength Index

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region. Traders often use this tool to make decisions about when to buy or sell the tokens. When the RSI is often valued below or at 30, it is considered an oversold region, and a price correction could happen soon. Moreover, when the RSI is valued above or at 70, it is regarded as the overbought region, and traders expect the price could fall soon.

The RSI is valued at 38.44, which is considered a Weak trend. The RSI has crossed below the SMA, indicating that HT’s bearish sentiment could be starting. If the RSI continues to fall, then, it could reach the oversold region. As soon as it reaches the oversold region, a price correction could happen and the candlesticks climb. However, if the candlesticks remain horizontal, HT should wait for divergence confirmations. 

Huobi Token (HT) Price Analysis – Moving Average(MA)

Looking at the charts, HT is currently trading below the MA indicators, which is considered as a downtrend. Moreover, a death cross was formed earlier as the 200MA is below the 50MA and the gap between them continues to widen. If the gap continues to widen even more, then, the candlesticks could fall even more. Moreover, the gaps between the MA indicators could also reduce, which could create a formation for death cross.

Huobi Token (HT) Price Analysis – Moving Average Convergence Divergence

The Moving Average Convergence Divergence (MACD) indicator can be used to identify potential price trends, momentums, and reversals in markets. MACD will simplify the reading of a moving average cross easier. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA. Normally, the default values for the MACD are set at 12-day EMA, 26-day EMA, and 9-day EMA. Moreover, MACD is considered a lagging indicator as it cannot provide trade signals without any past price data. MACD plays an important role as it can confirm the trends and identify potential reversals.

The MACD line has touched the signal line and crossed below it, which is considered a short-term bearish signal for most traders. If the red bars continue to form, then, there is a high possibility that the short-term bearish trend could continue for some time. However, if the gap between the MACD line and the signal line reduces, then, there is a high possibility that the trend reverse.

Huobi Token (HT) Price Prediction 2023-2030 Overview

Year	Minimum Price	Average Price	Maximum Price
2023	2.21	6.51	13.01
2024	8.09	16.83	21.09
2025	19.45	22.21	26.18
2026	24.22	27.77	32.27
2027	30.62	33.86	38.32
2028	37.69	40.24	44.10
2029	43.21	47.23	51.81
2030	50.98	55.79	64.92
2040	108	130	150
2050	231	280.04	319

Huobi Token (HT) Price Prediction 2023

HT’s candlesticks are currently trading in between the Resistance and the Support region. Moreover, the recent candlesticks are currently residing in the Support region and is expected to either remain there or climb up above the Support. The ADX is also valued at 19.25 which confirms that trend’s strength for HT is weak. Meanwhile, the MACD has touched the signal and crossed below it, confirming the short-term bullish period. Traders need to wait for a trend reversal before confirming any trade.

Meanwhile, the price prediction of HT for 2023 remains to be bullish and is expected to reach beyond the level of $7.36. The bearish price prediction range for HT is between $2.433 to $2.695. However, if HT experiences extreme bullish sentiment, then it would reach the $12 level.

Bullish Price Prediction	Bearish Price Prediction
$6.87 – $7.36	$2.433 – $2.695

Huobi Token (HT) Price Prediction – Resistance and Support Level 

Looking at the HT 1 Day chart, the price of HT has been decreased compared to last year. Moreover, HT has been fluctuating between $3.7703 to $2.7548 within the previous 30 days. If HT tends to fall deep, HT might reach the last level of support of $2.3982. Another possibility is that the bulls are able to gain their footing in this current bearish market and lift HT price higher, HT can reach the resistance of $6.788.

Month	Minimum Price	Average Price	Maximum Price
July 2023	2.21	3.83	6.58
August 2023	2.78	4.08	7.99
September 2023	3.12	6.51	10.63
October 2023	5.27	7.24	11.70
November 2023	6.39	9.75	12.35
December 2023	7.11	9.32	13.01

Huobi Token (HT) Price Prediction 2024

Traders are looking forward to this year as it could be a historic moment for cryptocurrencies, as the Bitcoin halving is expected to happen in 2024. Most of the time, whenever BTC rises, traders have observed a similar surge in the altcoins. HT could also be affected by Bitcoin halving and could trade beyond the price of $20 by the end of 2024.

Month	Minimum Price	Average Price	Maximum Price
January 2024	8.09	10.67	14.52
February 2024	10.03	12.26	14.78
March 2024	11.37	14.21	18.44
April 2024	13.74	16.83	18.62
May 2024	15.22	17.31	18.98
June 2024	16.47	18.73	19.14
July 2024	16.82	18.14	19.56
August 2024	17.42	18.25	19.78
September 2024	18.31	19.15	20.23
October 2024	18.99	19.64	20.34
November 2024	19.11	19.81	20.69
December 2024	20.28	20.62	21.09

Huobi Token (HT) Price Prediction 2025

HT could still experience the after-effects of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, HT will continue to rise in 2025 forming new resistance levels. It is expected that HT would trade beyond the $25 level.

Month	Minimum Price	Average Price	Maximum Price
January 2025	19.45	20.32	21.22
February 2025	20.58	21.58	22.58
March 2025	20.93	21.74	21.92
April 2025	21.29	22.21	22.45
May 2025	21.84	22.51	22.77
June 2025	22.04	22.94	23.34
July 2025	22.69	23.32	23.69
August 2025	22.97	23.54	23.97
September 2025	23.44	24.21	24.56
October 2025	23.89	24.79	24.97
November 2025	24.57	25.02	25.67
December 2025	24.17	25.57	26.18

Huobi Token (HT) Price Prediction 2026

It is expected that after a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, HT could tumble into its support region of $25. Moreover, when HT remains in the oversold region, there could be a price correction soon. HT, by the end of 2026, could be trading beyond the $30 resistance level after experiencing the price correction.

Month	Minimum Price	Average Price	Maximum Price
January 2026	24.22	25.47	26.31
February 2026	24.58	25.73	26.58
March 2026	25.47	26.02	27.19
April 2026	26.34	26.79	27.50
May 2026	26.04	27.77	28.23
June 2026	26.74	28.32	28.49
July 2026	27.69	28.85	29.09
August 2026	28.67	29.16	29.67
September 2026	29.04	30.27	30.58
October 2026	29.79	30.51	30.74
November 2026	30.57	31.64	31.91
December 2026	31.07	31.87	32.27

Huobi Token (HT) Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. HT is expected to rise after its slumber in the bear season. Moreover, HT could even break more resistance levels as it continues to recover from the bearish run. Therefore, HT is expected to trade at $22 by the end of 2027.

Month	Minimum Price	Average Price	Maximum Price
January 2027	30.62	31.48	31.95
February 2027	30.94	31.84	32.34
March 2027	31.48	31.85	32.59
April 2027	31.82	32.05	33.45
May 2027	32.53	33.86	34.23
June 2027	34.10	34.78	35.05
July 2027	34.65	35.45	35.98
August 2027	35.83	36.43	36.90
September 2027	36.20	36.58	37.40
October 2027	36.65	37.35	37.88
November 2027	37.33	37.86	38.01
December 2027	37.93	38.02	38.32

Huobi Token (HT) Price Prediction 2028

Once again, the crypto community is looking forward to this year as there will be a Bitcoin halving. Alike many altcoins, HT will continue to form new higher highs and is expected to move in an upward trajectory. Hence, HT would be trading at $26 after experiencing a massive surge by the end of 2028.

Month	Minimum Price	Average Price	Maximum Price
January 2028	37.69	38.21	38.56
February 2028	38.23	39.37	39.82
March 2028	38.64	39.71	39.94
April 2028	39.12	39.92	40.01
May 2028	39.87	40.24	40.56
June 2028	40.11	40.58	40.96
July 2028	40.55	41.67	41.98
August 2028	41.44	41.87	42.31
September 2028	41.91	42.22	42.93
October 2028	42.36	42.89	43.36
November 2028	42.89	43.04	43.67
December 2028	43.16	43.43	44.10

Huobi Token (HT) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market would gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected after the aftermath, HT could be trading at $29 by the end of 2029.

Month	Minimum Price	Average Price	Maximum Price
January 2029	43.21	44.38	45.75
February 2029	43.57	44.57	45.90
March 2029	44.21	45.91	46.16
April 2029	45.52	46.80	47.21
May 2029	46.23	46.96	47.42
June 2029	46.75	47.23	47.97
July 2029	47.18	48.88	49.45
August 2029	48.02	49.56	49.86
September 2029	49.33	49.87	50.53
October 2029	49.88	50.12	50.76
November 2029	50.34	50.96	51.35
December 2029	50.66	51.35	51.81

Huobi Token (HT) Price Prediction 2030

After witnessing a bullish run in the market, HT and many altcoins would show signs of consolidation and might trade sideways for some time while experiencing minor spikes. Therefore, by the end of 2030, HT could be trading at $32.

Month	Minimum Price	Average Price	Maximum Price
January 2030	50.98	51.24	52.09
February 2030	51.00	52.64	53.87
March 2030	52.94	53.16	54.62
April 2030	53.81	54.83	55.33
May 2030	54.21	55.79	56.14
June 2030	55.49	56.81	57.95
July 2030	56.24	57.15	58.77
August 2030	57.12	59.64	59.58
September 2030	58.59	60.83	61.56
October 2030	60.54	61.27	62.74
November 2030	61.22	62.17	63.84
December 2030	62.02	63.85	64.92

Huobi Token (HT) Price Prediction 2040

According to our long-term Huobi Token price estimate, If the current growth rate continues, we could anticipate an average price of $130 by 2040. If the market becomes bullish, the price of Huobi Token may increase beyond our 2040 forecast.

Minimum Price	Average Price	Maximum Price
$108	$130	$150

Huobi Token (HT) Price Prediction 2050

According to our Huobi Token/Luna Classic forecast, the average price of HT in 2050 might be above $280. If more investors are drawn to Huobi Token between these years, the price of Huobi Token in 2050 could be far higher than our projection.

Minimum Price	Average Price	Maximum Price
$231	$280.04	$319

Conclusion

To summarize, if investors continue to show interest in HT and add these tokens to their portfolio, then, it could continue to rise up. HT’s bullish price prediction shows that it could pass beyond the $10 level. Moreover, HT could surpass the $300 level by the end of 2050. 

FAQ

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 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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