The HOT asset is exhibiting bullish strengthThe HOT crypto experienced a bullish market from October 2023 and saw a significant increase in price value from $0.001000 to $0.0051200 by March 13th, 2024. During the last six months, it performed well with a 64.14% gain, but in the past week and month, the price violated the uptrend from the supply level of $0.0051200. As a result, the chart showed a weekly decline of -23.07% and monthlyly of -44.13% respectively.
However, the HOT crypto has revealed a sign of possible recovery coming soon on the daily chart, as the price showed sustenance gestures at a crucial support level of around $0.0018250 on the chart.
There is a good chance that HOT crypto may experience another significant surge from its current support level, considering that its price previously soared from this same level. This is because the bulls are ready to break through the resistance level and soar to new heights from the current support zone.
The HOT asset is exhibiting bullish strength reviving in the crypto and its rising capacity is lurking on the daily chart, if the desired buyers enter the market, then its price can aim to cross major 20-day, and 50-day EMA's from below.
Meanwhile, the HOLO crypto asset is displaying bullish behavior as the MACD histogram is not growing in size, which is at -0.0000943 and confirming the sustenance activity. Similarly, the RSI highlights that it can extend its gains, as it has turned in the 14SMA direction in the hopes of cutting it from below.
Currently, HOT crypto is seeing an increase of 8.21% in the past 24 hours and is being traded at $0.0023206 at this moment of writing.
Therefore, if the demand for the HOLO price (HOT)) increases from the current support, it could bounce back remarkably. The next target for the price could be to reach $0.0033500 and $0.0037500.
In case the price value of HOT crypto is unable to remain above the level of $0.0018250, it may experience a further decrease.
