Holo (HOT), Moderate Volatility and Falling Saturday: Is it Time to Cash Out?

Saturday, July 23, 2022 06:13 AM | InvestorsObserver Analysts

Holo (HOT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Distributed Computing has lost 4.6% to $0.00212445022.

InvestorsObserver is giving Holo a 29 Volatility Rank. Find out what this means to you and get the rest of the rankings on Holo!

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Moderately Volatile

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 this makes its score defined by recent trends, rather than a bad day. HOT's moderate volatility reading comes 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 trading near resistance. With support near $0.00200663321156658 and resistance around $0.00214835559454418. This leaves Holo with potential selling pressures ahead as it may be getting over extended.