Huobi Pool Token (HPT): How Does the Chart Look Monday?

Monday, June 27, 2022 08:50 AM | InvestorsObserver Analysts

InvestorsObserver gives Huobi Pool Token a weak short-term technical score of 18 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. HPT has currently traded better than 18% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving Huobi Pool Token a 18 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Huobi Pool Token!

See Full Report

Trading Analysis

HPT is currently $0.000040 (2.25%) above its 30-day low of $0.001770121 and -$0.000234 (-11.43%) below its 30-day high of $0.00204358. Additionally, HPT is under its average price of $0.001868953 over the past month of trading with its current price of $0.001810020. Overall, the recent trading history of Huobi Pool Token suggest that traders are currently bearish on the token. Huobi Pool Token's market cap of $8,478,986.83 is relatively average for a token. The market valuation for Huobi Pool Token is relatively average due to the largest 100 cryptos having a market cap above $1 billion and HPT sits underneath that mark but remains above $100 million in market capilization. Meanwhile, HPT's average volume is average with $268,759.02 worth of the token traded over an average 24 hour period. The volume for HPT is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the last 24 hours, HPT's volume is below its usual with $39,928.42 exchanged.

Summary

HPT's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on Huobi Pool Token (HPT).