KronosSlott
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
  • Gambling

Subscribe to Updates

Get the latest Crypto news from kronosslott.

What's Hot

Price Prediction: By February 9, 2023, Zilliqa (ZIL) Value Will Increase to $0.045938

February 4, 2023

Sberbank Aims To Have Own DeFi Platform Up And Running By May

February 4, 2023

Casper Price Soars To $0.04 As Bulls Stay In Check – $0.055 CSPR Incoming?

February 4, 2023
Facebook Twitter Instagram
  • Affiliate Disclosure
  • Anti Spam Policy
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram
KronosSlott
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
  • Gambling
KronosSlott
Home » Break This And HT Price Could Surge To $10

Break This And HT Price Could Surge To $10

adminBy adminOctober 12, 2022No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Huobi Token Price Prediction
Share
Facebook Twitter LinkedIn Pinterest Email


Huobi Token (HT) price started a major increase above $5.00 against the US Dollar. It is now facing a major resistance at $6.85, above which it could rally to $10.00.

  • Huobi Token price gained over 50% in a few days and broke the $5.00 resistance.
  • The price is now trading above $5.00 and the 100-day hourly simple moving average.
  • There was a break above a major bearish trend line with resistance near $4.50 on the daily chart of HT/USD (data feed via FTX).
  • The pair could rally further to $10.00 if it clears the $6.85 resistance zone.

Huobi Token (HT) Price Rallies over 50%

Huobi Token formed a strong base above the $4.00 zone. HT price started a fresh rally above the $4.20 and $4.50 resistance levels. The bulls were able to push the price above the $5.00 resistance and the 100-day hourly simple moving average.

During the rally, there was a break above a major bearish trend line with resistance near $4.50 on the daily chart of HT/USD. The price gained pace and was able to clear the 38.2% Fib retracement level of the main drop from the $9.93 swing high to $3.78 low.

It is up over 25% in a day (unlike bitcoin and ethereum) and surpassed the $6.00 resistance level. It is now facing a strong resistance near the $6.85 level. The stated resistance is near the 50% Fib retracement level of the main drop from the $9.93 swing high to $3.78 low.

Source: HTUSD on TradingView.com

The next major resistance sits near the $7.50 level. A close above the $6.85 and $7.50 levels could pump the price further higher. In the stated case, HT price could revisit the $9.95 level or even test the $10.00 resistance.

Dips Supported in HT?

If HT price fails to surpass the $6.85 and $7.50 resistance levels, it could start a downside correction. An initial support on the downside is near the $6.00 level.

The next major support is near the $5.50 level. A downside break below the $5.50 might start a major downside correction. In the stated case, Huobi Token price may perhaps decline towards the $5.00 level.

Technical Indicators

Daily MACD – The MACD for HT/USD is now gaining momentum in the bullish zone.

Daily RSI – The RSI for HT/USD is now in the overbought zone.

Major Support Level – $6.00

Major Resistance Level – $6.85



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
admin
  • Website

Related Posts

Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits – Exchanges Bitcoin News

December 12, 2022

What is a Doji candle pattern and how to trade with it?

December 12, 2022

Bitcoin Price Slides As Markets Brace For Fed Policy Decision And Inflation Data

December 12, 2022

Comments are closed.

Don't Miss

Price Prediction: By February 9, 2023, Zilliqa (ZIL) Value Will Increase to $0.045938

Blockchain February 4, 2023

Join Our Telegram channel to stay up to date on breaking news coverage Zilliqa is…

Sberbank Aims To Have Own DeFi Platform Up And Running By May

February 4, 2023

Casper Price Soars To $0.04 As Bulls Stay In Check – $0.055 CSPR Incoming?

February 4, 2023

ETC/USD Prepares for $30 Resistance

February 4, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Price Prediction: By February 9, 2023, Zilliqa (ZIL) Value Will Increase to $0.045938

February 4, 2023

Sberbank Aims To Have Own DeFi Platform Up And Running By May

February 4, 2023

Casper Price Soars To $0.04 As Bulls Stay In Check – $0.055 CSPR Incoming?

February 4, 2023

ETC/USD Prepares for $30 Resistance

February 4, 2023

Subscribe to Updates

Get the latest Crypto news from kronosslott.

About Us
About Us

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook Twitter Pinterest YouTube WhatsApp
Categories
  • Altcoin (4)
  • Bitcoin (2,020)
  • Blockchain (845)
  • Ethereum (321)
  • Gambling (2,082)
  • Litecoin (60)
  • NFTs (2)
Our Picks

Price Prediction: By February 9, 2023, Zilliqa (ZIL) Value Will Increase to $0.045938

February 4, 2023

Sberbank Aims To Have Own DeFi Platform Up And Running By May

February 4, 2023

Casper Price Soars To $0.04 As Bulls Stay In Check – $0.055 CSPR Incoming?

February 4, 2023
©2022 –Kronosslott. All Rights Reserved. Kronosslott.com is an independent i-Gaming news site and casino comparison service. Every effort is made to ensure that the bonus offers listed here are accurate and up-to-date. However, we accept no responsibility for inaccuracies or errors. It is your responsibility to confirm the terms of any promotion you choose to accept. Looking to Advertise with us? Kronosslott is always looking for new partnerships. To Inquire please email kronosslott@gmail.com

Type above and press Enter to search. Press Esc to cancel.