At the time of writing this article, HTR has a value of $1.24 (8.83 increased today) with a trading volume of $15,270,501 with a decrease of about 6.49% over the past 35.14 hours. Today is a good day for the market and everything is back to green.
HTR is listed on coinmarketcap in 268th place. It has negligible market dominance. HTR had created its all-time high around the price of $2.499 in November 2021 and we saw an increase of about 119%. This month has been bearish for the price and we have seen a decrease of about 32.35% in December.
The maximum supply of HTR is around 898M while the current circulating supply is around 222M coins.
Technical Analysis – Hathor (HTR)
On a daily time frame, we can see that HT was printing higher highs and higher lows. Before the highest wick, the price went and retraced back to create a lower low. The red zone marked was eventually a liquidity grab from the top. This liquidity was induced after the last higher high.
After this scenario came to play. The market got the fuel to rally towards one side. This resulted in the fast drop towards the bottom side. The price eventually soon had a reaction from $1.2. From here the market started to rally up again. As a result, a lower low was created, since the market couldn’t break the structure.
Now soon after that, the price started to drop again. This drop was triggered by the drop in the price of BTC. This drop brought the price down to the level of order block. HTR mitigated this level and went to rally up again. At this point, one might look for a possible long after the possible mitigation. But the price can drop again to test the level. As a result, we would have the additional confluence to the long position. Even though from here, the price can rally upwards without mitigating. A possible good strategy is to DCA if the price drops down and take profits on the way as the price rises to secure profits as well.
Price Prediction – Hathor
According to wallet investor, HTR is one of the most successful investments in the market. According to their predictions, HTR is expected to reach a value of $1.853 in a time span of one year. For a five year $8 soon and we wouldn’t have to wait so much for the price to show big prices.
