Categories: Altcoins

Holo Price Faces a Crucial Struggle at 27 Satoshi

Click here to view original web page at

As most of the crypto markets are slowly turning bullish again, there is some room for cautious optimism. The Holo price is still under a bit of pressure right now, although that is to be expected at this stage. The new development roadmap shared with the community may effectively help this situation around pretty soon.

Holo Price Tries to get Past the Hump

Under the current market conditions, it will be somewhat challenging for alternative markets to regain their lost value in quick succession. Although some altcoins are moving up very swiftly, others try to take a slow and steady approach. Holo falls into the latter category as of right now, as its overall value is still in the red right now. That situation may not necessarily remain in place for much longer, though.

Over the past 24 hours, the Holo price has lost 1.6% in both USD and BTC value. There is also a 2.4% decrease in HOT/ETH, which is perhaps a bigger hurdle to overcome in the next few hours. While this decrease is a bit problematic, it seems unlikely the Holo price will drop below $0.001 later today. The big question is whether or not the 27 Satoshi level will remain in place, or a push to 29 Satoshi will occur.

The Holo team has released a development update pertaining to how their distributed hosting services will work. It seems a lot of development has already gone into this approach, although the work is never done. The big news is how Holo Hosting OS is ready for the HoloPorts, which will please a lot of HOT investors and ecosystem enthusiasts.

Emerging Clouds—Distributed Hosting Update 01

A closer look at the Holo development process and its integrated layers of hardware, networking, applications, services, and protocols #Holo #Holochain #crypto #cloudHosting #p2p #DHT #OpenSource

— Holo (@H_O_L_O_) March 4, 2019

The Holo community is always looking toward the future, either for better or worse. It appears some people would like to see TronSecure add support for Holo, as well as a few other tokens and assets. It would certainly be interesting to see HOT getting listed on more platforms in the future, as it is not as widespread as one would assume.

For those traders who only care about the price chart, a very interesting scenario is becoming apparent. With Holo now entering the 27-28 Satoshi range again, a crucial time is upon the altcoin. If this level were to fail as support, there is a good chance the price will drop to the 233-24 Satoshi range shortly after. A very problematic outlook if it were to come true.

Holo dün uyarısını yaptığım kanala doğru düşüşü gerçekleştirdi. Eğer kısa vadede önce 27-28 aralığına çıkamazsa bu kanalda kalıcı olabilir.
Unutmayalım bu kanalda destek 23-24, direnç 27 seviyesidir.#holochain #holo #hot #holoturkiye #holofiyat

— minexpert (@madenuzmani) March 5, 2019

While all of the other markets show signs of potential growth, it seems things are a bit different where Holo is concerned right now. That doesn’t necessarily mean this particular market will resume its bearish trend, but there may be a few hurdles to overcome prior to getting in the green again. Its overall trading volume of $8.4m isn’t too impressive either, although it is in line with previous days and weeks.

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.



Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

“ETH Architect” Steven Nerayoff Committed “Old-Fashioned Shakedown”

Former Ethereum advisor Steven Nerayoff and his assistant Michael Hlady have been arrested and charged with extorting millions of dollars… Read More

1 min ago

Binance picks apart Santander’s “blockchain bond” in latest report

European banking giant Santander last week announced it had successfully completed the first “end-to-end” blockchain bond. The bond, worth $20… Read More

1 min ago

WAX Introduces New Self-Service Portal for WAX Blockchain Platform Development

GRAND CAYMAN, Cayman Islands, Sept. 19, 2019 /PRNewswire/ -- Worldwide Asset eXchange (WAX) , the world's first blockchain protocol purpose-built… Read More

1 min ago

Everyone’s Worst Fears About EOS Are Proving True

The Takeaway: EOS is the world’s seventh-largest blockchain by market cap, with a value topping $3 billion since February 2019.… Read More

5 hours ago

Street Artist Makes $12,000 in Bitcoin Donations

A French street artist best known for painting lady liberty leading the yellow vests has stated he has received more… Read More

6 hours ago

Wave Financial Launches World-First Bitcoin Yield Fund: Wave BTC Income & Growth Digital Fund

LOS ANGELES, Sept. 19, 2019 /PRNewswire/ -- Wave Financial LLC (Wave), a leading asset management firm focused on digital assets,… Read More

6 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More