Previous article Holo price prediction: HOT token ready for 100% spike Next article Worlds First Bitcoin ICO Presale Ends 15th March Buy Now Buy Now Worlds First Bitcoin ICO Presale Ends 15th March Buy Now Buy Now Home Latest Cryptocurrency News Holo price prediction: HOT token ready for 100% spike Holo price prediction: HOT token ready for 100% spike By - min read 02 September 2021 The technical outlook for Holo token suggests a possible breakout towards early April price levels Holo (HOT) is currently trading in the green on the daily, weekly and monthly time frames, giving the coin a positive outlook on the charts. The coin has formed a bullish continuation pattern on the daily chart and a breakout above the resistance line of the pattern could see HOT price repeat the uptrend seen in early August. At the time, Holo price moved from lows of $0.006 to hit highs above $0.012, jumping more than 100% over two weeks. Looking at the HOT token price charts, there's a potential breakout that might see the value of the token jump nearly 119% in the coming weeks. This price prediction should play out if the suggested technical picture is confirmed. Holo price analysis The value of the Holo token is up 80% over the past 30 days, with the past year seeing a significant upside of 1,400% as seen on CoinGecko. The technical indicators on the daily chart hint at an upward continuation. The daily RSI is trending with a positive divergence as it moves towards the overbought territory. The 50-day EMA has crossed above the 200-day EMA and is rising to suggest further gains. Recently, one crypto analyst pointed to the EMAs as suggesting fresh gains for Holo price. $HOLO: I'm still in this position, super slow trade. I just have my sells set and going to keep waiting. The EMAs are primed for this to move IMO, 50/200D EMA bullish cross incoming. #HOT #HOLO pic.twitter.com/KApeBmvyL0 — Altcoin Sherpa (@AltcoinSherpa) August 4, 2020 There's also a potential breakout given the bullish flag pattern formation. If buy-side pressure increases short term, the pattern's flag pole shows a 119% jump. Taking this upswing value and setting a price target suggests Holo price is poised for a major move. In this case, the HOT/USD pair will have key barriers around $0.017 and $0.023, with the uptrend objective set for $0.025. HOT/USD daily chart. Source: Tradingview While the price prediction for Holo price is for bulls to rally higher in the short term, there's the possibility for a bearish flip once the price reaches the first supply zone around $0.017. The horizontal line marks the rejection point in late April that saw HOT/USD eventually touch lows of $0.004. Holo thus looks likely to see a pullback around this level before continuing higher towards $0.025 as suggested, which makes current prices a bargain. Share this article Categories Markets