Holochain Supports Decentralized Applications and Payments
Holochain Overview:
- Holo (HOT) is a decentralized application network that operates differently from traditional Blockchains, promoting transparency and scalability.
- HOT plays a key role in the Holo ecosystem by facilitating transactions and rewarding users for hosting dApps on the network.
- Holochain's technology uses a distributed hash table (DHT) for transaction order consensus, enhancing scalability and integrity.
- Holo Hosting allows users to host dApps without centralized servers, promoting decentralization and user participation.
- HOT coin serves as a mechanism to reward network participants and support dApp growth on the Holochain network.
Buying Holo (HOT) with TRY:
- Binance TR is recommended for Turkish investors looking to buy Holo (HOT), offering over 100 cryptocurrencies including HOLO.
- Steps to open an account on Binance TR include basic information entry, email/sms verification, and identity verification (KYC).
- Depositing TL on Binance TR can be done from various banks, allowing uninterrupted transactions.
- After depositing money, users can buy HOLO coin with TL by entering the desired price and quantity on the trading page.
- Binance TR, launched in 2020, provides trading services from fiat to cryptocurrency and cryptocurrency to cryptocurrency for Turkish users.
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Technical Analysis for HOT
Technical Sentiment Analysis for Holo (HOT) As of , Holo (HOT) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HOT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, HOT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Holo (HOT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00023 | 0.000285 | 0.000347 | 0.000402 | 0.000464 | 0.000519 | 0.000581 |
| Fibonacci | 0.000285 | 0.00033 | 0.000357 | 0.000402 | 0.000447 | 0.000474 | 0.000519 |
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