When looking across all cryptocurrencies, tokens, and digital assets, things are looking pretty interesting right now. Some markets note massive gains, whereas others are still on wobbly legs. Contrary to what most expected, the Holo price is not moving up a decisive manner at this stage. Although the current trend is not necessarily worrisome as of yet, finding a new foothold is not all that easy.
Holo Price Tries to Remain Above $0.0012
It is commendable to see all markets carve out a path for their own these days. While most of them will continue to rely on Bitcoin first and foremost, some are doing so in a less tedious manner than others. Holo often seems to be doing its own thing regardless of the overall trend, albeit today may be a slightly different trend. Its current value sits just above $0.0012m yet it remains to be seen if that level can be maintained after all.
Over the past few hours, the Holo price has noted a minor 1.85% gain to keep the USD value at $0.001207. In terms of BTC and ETH value, the gains are less spectacular, at 0.91% and 0.92% respectively. It is evident there is seemingly a lack of desire to keep this uptrend going for very long, albeit some slow and steady gains would not be all that bad for this currency either. It is a healthy change of pace from its massive gains and subsequent losses.
Regardless of what might be happening behind the scenes of Holo and Holochain, most people simply care about the price. Especially the Turkish traders are smitten by this market and they expect some pretty big gains to materialize in the coming weeks and months. As is always the case where altcoin markets are concerned, anything is possible, yet nothing is ever set in stone.
R.P. Is another trader who mainly wants to see the value of HOT take off in quick succession. Expecting a massive bull run before the Summer seems a bit too optimistic at this time, primarily because there is nothing which warrants an industry-wide bull run at this time. That situation may come to change in the near future, though, but it will mainly depend on Bitcoin to make big things happen.
— R. P. (@RomanPov1) March 20, 2019
Leave it up to altcoin traders to be excited at all times and see any possible opportunity as a way to strike it rich. Frank is looking forward to what will come next for Holochain in the coming weeks and months. There is still plenty of work to be done prior to ensuring Holo becomes mainstream in any convincing way, but things are seemingly moving in the right direction. That wouldn’t necessarily impact the HOT price in any way, though.
For the time being, it seems the $0.0012 level will remain in play for Holo. There may be a slightly higher push in the coming hours, but it seems unlikely double-digit percentage gains should be expected at this time. The overall drop in trading volume to just $7.3m is not exactly promising either, but it doesn’t have to cause any major disturbances either. The coming hours will be interesting to keep an eye on.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.