Holo (HOT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Distributed Computing has dropped 4.02% to $0.002000880856.
InvestorsObserver gives Holo a moderate volatility rank of 29, placing it in the bottom 29% of cryptos on the market.
The Volatility Gauge takes into account meaning that one day won’t make or break its rank.
HOT’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Holo price is in a favorable position going forward. With support set at $0.0018848766667678 and resistance near $0.00204370907525559. This positions Holo with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You’re all set to receive the Morning Update newsletter