Tag: Huobi Token (HT)
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From Prime To Primepool, HT Holders Are Igniting The Market’s Wealth Effect
The post From Prime To Primepool, HT Holders Are Igniting The Market’s Wealth Effect appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Since the launch of Huobi Token (HT) in 2018, platform tokens have become a popular investment target. The rise of emerging platforms has further driven the development of platform tokens that feature “brokerage stocks”. After the DeFi boom in 2020, the governance tokens represented by UNI have exploded, changing the direction of platform tokens. Since …
HT Technical Analysis: Price Has Decreased From the Day’s Opening Price of $10.601; Sudden Grip of Bears
HT is below the first Fibonacci pivot resistance level of $10.25. It may soon fall below it and further below the Fibonacci pivot point of $10. If bears remain strong till day end, the price may further fall below the first, second, and third support levels of $9.76, $9.61, and $9.37 respectively.The price has tested and fallen below the 76.4% FIB retracement level of $10.08. The price may further fall below the 61.8% FIB retracement level of $9.99 as well. Thus, as of now, the bears seem strong. In that case, the price may continue to be downtick tomorrow as well.
Huobi China Restricts Derivatives Leverage Trading to New Users
Huobi has decreased the size of leverage trading for its existing users in China and has stopped new traders from entering the derivatives markets.
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HT Technical Analysis: Price Likely to Fall Below $33.58
HT has tested and fallen below 38.2% FIB retracement level of $35.02. It may soon fall below the 23.6% FIB retracement level of $33.87 as well. If by day end, the price does not retest and break out of these levels, then the bearish trend is strong. In that case, the price will continue falling tomorrow as well.