HT starts to soar, and is expected to rise by $40?

Digital currencyPubblicato 2022-10-13Pubblicato ultima volta 2022-10-14

Introduzione

HT soared, with a target price of more than $10.

List of 7-day increase:

The list of gains in the past 7 days shows that the platform currency HT, stable currency USTC and TKX are among the top performers. Among them, the platform currency HT is of course the most noteworthy, with a cumulative increase of 79.5% in a week. Despite the huge increase, its market performance is still commendable.

Proportion of trading volume of HT's three major exchanges

Although most of the HT trading volume is generated in Huabi Global, it only accounts for about 30% of the total trading volume, and the remaining trading volume is respectively in Bibox, AAX and GATE IO generation. In other words, if we pay attention to the HT performance of these exchanges, we can see whether the bullish information that HT can prompt is clear.

The 24-hour trading volume of the Huabi Global Exchange on October 12 reached 30.85 million US dollars. The trading volume of the remaining Bibox, AAX and GATE.IO exchanges reached $11.74 million, $11.16 million and $6.87 million.

HT large-scale performance

Gate. The HT price rise of the io exchange is linked with the price performance of the Huabi Global exchange, but the high volume performance of HT is more clear. The HT price of Gate.io Exchange reached 112.9 times of the previous day's volume on October 10, while its price rose by 23% and the price amplitude reached 31%. In the three trading days starting from October 10, the trading volume remained in a high volume state, indicating that the rise of HT may continue.

On the Huobi Global Exchange, the short-term rise of HT price reached the previous high of $6.8, and the trading volume rebounded significantly. Among them, the release effect on October 10 reached 7.4 times. This shows that the startup characteristics are very obvious after the transaction volume reaches the maximum peak since 2022. Judging from the pressure level that can be reached, HT has successfully broken through the $7 price platform that began in mid May. The next price platform is the early $10 platform. At present, the short-term average trading volume is relatively high, exceeding the capacity of the $10 platform at the beginning of 2022. In terms of growth expectation, we can continue to focus on the target potential above $10.

Overall transaction volume rebounded

The overall trading volume of HT has rebounded, and the highest 24-hour trading volume in the recent three trading days has reached US $91.37 million, which indicates that HT's volume expansion effect is good and can continue to drive the price up. The overall trading volume has doubled compared with the peak trading volume in August in the previous period. If HT can accelerate its upward movement at a high level, it can focus on the performance of the trading volume. At present, after the peak trading volume was formed again on October 13, it shows that HT has just entered an upward trend and its currency holdings are waiting to rise.

Pressure level judgment and increase expectation

At present, the K line of HT Day has a good volume effect, and the short-term increase target is the 10 dollar price platform. Because the horizontal plate of the platform takes a long time, the clamping plate is also very large. If HT can soar to the price range of $10 to $12, it will effectively reduce the selling pressure. The higher pressure level is at $15. If the higher pressure of $15 can be broken through, the jump potential of HT will be above the historical high of $40.

The recent HT volume boosting effect has shown that the main determination must be in the price range above $10. Therefore, holding the currency for inflation will obtain higher returns. From the whole figure of US $5, the short-term growth potential is 100% to 200%.

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