Huobi Token (HT), Rises More Than 15% in the Last 24 Hours
- Huobi Token (HT), is currently trading at $9.00
- The Huobi Token’s 24-hour trading volume (HT) has increased 140%.
- Bullishness on HT’s daily chart suggests that the positive move may continue.
Huobi Token’s (HT) month has been great. According to CoinMarketCap, the HT price is currently at $9.00. This follows a 15.27% price increase over the last 24 hour and a peak of $9.09 during the same period. Additionally, the crypto is up more than 21% in the last week.
HT’s 24-hour trading volume is also in the green by more than 140% to now stand at around $63,725,143. The cryptocurrency’s market cap of $1,382,828,224 makes it the 38th biggest crypto in terms of market cap, and places HT right behind ApeCoin (APE) in the 37th position and in front of Hedera (HBAR) in the 39th position.
HT was also able, by around 15.31% to 14.44%, to strengthen its position against the top two cryptos on the market, (BTC/ETH), and (ETH/ETH).
Daily chart of HT/USDT (Source : CoinMarketCap
After a huge influx of buy volume, HT has blown past the resistance at $5.50. The 9 EMA line crossing bullishly over the 20 EMA lines is an early indicator that the upward move would be almost parabolic. Since then, HT’s price has risen from $4.00 per unit to its current price.
The daily chart of HT is bullish. The daily RSI line is positioned higher than the daily RSI SMA and is also tilted bullishly toward overbought territory. The daily RSI indicator continues to be bullish, with the 9 EMA still positioned above 20 EMA lines, and the gap between the two lines increasing.
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