Holo (HOT) Has Its Own Goal In The DApps Market! - Kakiforex.com - Financial Market Media No. 1 in the World Holo (HOT) Has Its Own Goal In The DApps Market! Holo (HOT) Has Its Own Goal In The DApps Market!

June 18, 2021

Holo (HOT) Has Its Own Goal In The DApps Market!

 Holo is a distributed peer-to-peer (p2p) platform for decentralized application hosting (DApps), built using Holochain where the DApps building framework does not require a blockchain technology system.

Founded by Arthur Brock and Eric Harris-Braun in 2018.

The main goal of Holo is to serve as a broader application and internet using Holochain to make the DApps ecosystem and market easily accessible.

As can be seen on the HOT/USDT price movement chart, the price movement saw an aggressive upward momentum exceeding 5,000% at the market opening of January to April 5, 2021 by recording an all -time high (ATH) level of $ 0.031.

After that, Hot was powerless to continue rising and made a decline again until testing the support level around the price of $ 0.006 in line with the fall in the price of bitcoin.

From a technical point of view, Hot is now hovering horizontally to enter the SBR zone (support become resistance) around $ 0.01 where the resistance level has failed to be broken before.

If the Hot price movement manages to break the resistance level, the next SBR zone around $ 0.016 will be tested first before returning to make higher gains.

The next risk is, if the price movement returns to see a bearish trend, the price movement is expected to continue the decline until the support zone around $ 0.006 and test the lowest level ever recorded before.