Holo (HOT) Huge Parabolic Move Potential 132% Gain in April. Since the 13 EMA crossed above the 50 SMA, Holo has exploded to the upside, a 743% Gain from the 13th March @ $0.0026 to $0.0251 on the 30th March. Congratulations for those that have been holding HOLO from the start of the year over 10x gains made in less than 2 weeks during 'march madness'. From the current price level we expect a small retracement to test the 61.80% Fibonacci level before continuing pushing back past the ATH and our price target of $0.033 at the 161.80% Fibonacci level. Due to such strong bullish fundamentals and the current price of the coin, HOLO is expected to gain a lot of attraction from investors looking for similar gains like the one we have just experienced during March. The worst case scenario from here would see HOLO retrace back down to the range between the 50% and 38.20% Fibonacci level and test the 50SMA as some profit taking will be expected with such a huge parabolic move in the past 2 weeks. Be patient, wait for further confirmation from price action, and use buy zones to map your buys or to dollar cost average and accumulate more HOLO. There is a potential 132% Gain here from the 61.80% Fibonacci level (Buy Zone 1). Happy Trading :)
Key Information:
Holochain is an open-source framework and network protocol for developing peer-to-peer scalable and efficient applications. It is fast, secure, and versatile, which makes it perfect for a wide range of everyday apps. Its long list of uses include social apps, team collaboration, Internet of Things, currencies, and much more. Holochain is a peer-to-peer innovation beyond blockchain that can actually deliver on blockchain promises.
Effective solutions
As the Holochain platform, doesn’t incorporate any form of Consensus mechanism, it is highly eco-friendly in nature and occupies a very negligible amount of bandwidth when compared to major blockchains like Bitcoin and Ethereum. This nature of the holo tokens has made them one of the most beautiful things for the environmental issues as no electricity wasted as such. The team members of the Holochain are some of the most highly experienced in the field of programming. The Co-founders itself have an experience of 34 years in the field of programming. Also, the Chief architect of the cryptocurrency project has been a contract coder along with working on Artificial Intelligence and an online currency development, since the year 1984.