Price Action
Over the past week, Huobi Token saw its price go up by 5.78%. It is below its 20 day moving average by 1.13%, so it’s fairly close. Huobi Token’s bullish momentum, if assessed by its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. Regarding volatility, Huobi Token is more volatile than roughly 23% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. If volatility over the past three weeks is any indication of what’s to come, we can expect Huobi Token to bounce between 2.817285 and $3.473715 US dollars per coin.
Where to trade Huobi Token (symbol: HT): Gate, Yobit, DDEX
Volume Update
In the week prior, the daily volume for Huobi Token has ranged between 1,339,585 and 12,591,277 currency units. In the three weeks prior, the trend in volume,like the trend in price, is choppy and does not reveal a clear direction. Huobi Token experienced a turnover rate of about 10.1% over the past week, which means that is the percent of its available money supply that is traded daily. Its trading turnover percentage is higher than about 79.38% of the coins we’re tracking, so it’s above average and thus will have enough liquidity for many investors/traders.
Engagement Update
The number of wallets holding Huobi Token went from 7,247 to 7,203 in the past week, marking a change of -0.61%. As for overall transactions, they increased from 257,449 to 261,395 — an increase of 1.53%. This translates to a combined engagement growth rate of 0.92% for Huobi Token — which is higher than 40.00% of the cryptocurrencies we’re reporting on. One interpretation of this may be that the coin’s weekly growth in engagement is fairly mediocre.
Where to Buy
You can trade Huobi Token, listed under the symbol HT, through the following exchanges: Gate, Yobit, DDEX.
Article by SixJupiter
