Huobi Token price prediction 2024-2030: Will HT price hit $10? Shayan Chowdhury | usagoldmines.com

Key takeaways

HT token faces a bearish correction around $0.5.

However, our Huobi (HT) price prediction expects the Huobi token price to reach a maximum level of $0.8555.

In 2030, our HT token price forecast expects a maximum price of $7.95.

Huobi, a cryptocurrency exchange headquartered in the Seychelles, operates on the Ethereum (ETH) blockchain. With additional offices in Singapore, the United States, Japan, Korea, and Hong Kong, Huobi serves over 130 countries worldwide.

Over the last few months, the Huobi token price has been on a declining trend despite the overall bullish trend in the market. This is due to the recent hacks in Justin Sun’s crypto exchanges, losing over hundreds of millions of dollars.

In this article, we’ll explore Huobi token (HT) price prediction for 2024, 2025-2030 with in-depth technical analysis of the market sentiment.

Overview

CryptocurrencyHuobi TokenTicker SymbolHTPrice$0.51Price Change 24h-2%Price Change 7d-1.09%Circulating Supply159,406,077 HTAll-time low$39.81All-time low$0.16Market cap$95,764,223Trading Volume$339,420Huobi ROI+81.82%

Huobi price prediction: Technical analysis 

MetricValueCurrent Price$0.51Price Prediction $0.49 (-1.77%)Fear & Greed Index 41 (Fear)Sentiment NeutralVolatility 5.66%Green Days 18/30 (60%)50-Day SMA $ 0.498935200-Day SMA $ 0.72977414-Day RSI 52.71

Huobi price analysis

TL; DR Breakdown

HT price faces a bearish pressure around $0.5.

Resistance for HT is present at $0.537

Support for HT/USD is present at $0.499

The HT price analysis for 11 October confirms that HT is attempting to meet sellers’ demand as it breaks below immediate Fib channels. Currently, buyers are attempting to hold the price above $0.5.

HT price analysis 1-day chart: Huobi price struggles in meeting buying demand

Analyzing Huobi’s daily price chart, HT’s price faced a surge in selling interest around a crucial price level. The price aims to drop below $0.5 as sellers prepare for a significant decline. Over the last 24 hours, the volume of HT declined toward 4K, hinting at declining trading interest. HT price is currently trading at $0.51, declining by over 2% in the last 24 hours.

HT/USD Chart (1 day) On TradingView

The RSI-14 trend line has surged from its previous level and trades above the midline at level 52, hinting that bullish pressure is on the edge.    

HT/USD 4-hour price chart: Bulls aim for a correction above moving averages

The 4-hour Huobi price chart suggests that bulls are strengthening their position, aiming to send the price above the Fib lines. Currently, bears are maintaining the price around the EMA trend lines.

The BoP indicator trades in a negative region at 0.5, showing that short-term sellers are taking a chance to accelerate a downward trend.

Additionally, the MACD trend line has formed bearish candles below the signal line, and the indicator aims for a negative momentum, strengthening short-position holders’ confidence.

Huobi technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValueActionSMA 3$ 0.464999BUYSMA 5$ 0.487677BUYSMA 10$ 0.495498BUYSMA 21$ 0.498388BUYSMA 50$ 0.498935BUYSMA 100$ 0.482542BUYSMA 200$ 0.729774SELL

Daily Exponential Moving Average (EMA)

PeriodValueActionEMA 3$ 0.506717BUYEMA 5$ 0.496568BUYEMA 10$ 0.473942BUYEMA 21$ 0.453051BUYEMA 50$ 0.462714BUYEMA 100$ 0.544032SELLEMA 200$ 0.865291SELL

What to expect from HT price analysis next?

The hourly price chart confirms that Huobi attempts to drop below the immediate support line; however, bulls are eyeing a further recovery rally in the upcoming hours. If HT’s price holds momentum above $0.537, it will fuel a bullish rally to $0.596.

If bulls fail to initiate a surge, the HT price may drop below the immediate support line at $0.499, beginning a bearish trend to $0.467.

Is HT Token a good investment?

Huobi Token has shown very strong potential lately, and this could be a good opportunity to invest right away. Due to its association with big names like Justin Sun, HT can be a good investment option.

Why is HT price down Today?

Following the overall bearish market sentiment, HT price lost its resistance channels recently, and bears are pushing the price toward support lines. The price is currently aiming for a drop below $0.45.

Will HT price recover?

If buyers successfully defend the $0.4 level, we might see a strong rebound above the immediate resistance levels.

Will HT price reach $1? 

Depending on the current market sentiment and our price prediction for the Huobi token, its price might surpass $1 in 2025. 

Will HT price reach $5? 

As altcoins continue to gain dominance, we might see HT price hit the $5 milestone by the end of 2029. 

Will HT price hit $10? 

By the end of 2033, HT price might touch the $10 mark. 

Recent news/opinion on Huobi

Huobi and other global crypto exchanges faced a ban in India. 

Cryptocurrency exchange Huobi has launched deposit services for its new HTX token, which will replace its native HT coin. Users can deposit HTX tokens or convert existing HT coins to HTX at favorable rates, encouraging a quick switch.

Huobi Token price prediction October 2024

Over the last few months, Justin Sun, linked crypto exchanges, witnessed massive hacks, resulting in a steep decline in the HT price. Despite resuming the exchanges, the HT price continued to trade within a bearish consolidation. Additionally, Bitcoin’s recent bearish pullback led to a significant downturn for several altcoins, including the HT token price. 

In October, we expect HT price to record a maximum level of $0.55 and a minimum price of $0.35, with an average trading price of $0.5.

Huobi Price PredictionPotential LowPotential AveragePotential HighHuobi Price Prediction September 2024$0.35$0.5$0.55

Huobi Token price prediction 2024

Considering the rise in Chinese crypto market sentiment and investment capital, the Huobi token might record gains in the coming months. Huobi’s recent launch of an exchange-traded fund and the new HTX token might accelerate the buying demand for the Huobi token.

See also  Jito Price Prediction 2024-2030: Will JTO Price Hit $10?

In 2024, the Huobi Token (HT) is expected to see a minimum price of $0.7384. The maximum price might soar to around $0.8550, with the average trading price likely stabilizing at $0.7625.

Huobi Price PredictionPotential LowPotential AveragePotential HighHuobi Price Prediction 2024$0.7384$0.7625$0.8550

Huobi price predictions 2025-2030

YearMinimum Price ($)Average Price ($)Maximum Price ($)20251.081.121.2720261.601.661.8720272.252.322.7520283.243.333.9020294.544.705.5620306.646.837.95

Huobi Token price prediction 2025

Huobi has unveiled a comprehensive strategy for HTX, featuring plans to set up an HTX DAO and expand the platform’s capabilities. These developments align with Huobi’s wider objective to enhance its ecosystem and increase user governance.

Users considering the conversion from HT to HTX have ample time to deliberate. The exchange has established a January 20, 2025, deadline to finalize this conversion process. As a result, the price of the HT token might surge in 2025.

Projections for 2025 indicate Huobi Token could bottom out at $1.08. The potential peak price is anticipated to hit $1.27, while the average price throughout the year is expected to hover around $1.12.

HT price forecast for 2026

Depending on the rising demand for crypto among Chinese investors, projections for 2026 suggest that the lowest price for Huobi Token could be $1.60. The token might reach a peak of $1.87, with an average price settling at approximately $1.66.

Huobi Token (HT) price prediction 2027

By 2027, Huobi Token is anticipated to have a minimum trading price of $2.25. The maximum price could climb to $2.75, with the average price likely around $2.32.

Huobi Token price prediction 2028

The forecast for 2028 shows Huobi Token potentially reaching a minimum price of $3.24. The ceiling price is expected at $3.90, with an average price of $3.33 throughout the year.

Huobi Token price prediction 2029

In 2029, it is predicted that Huobi Token will have a minimum price of $4.54. The token could reach a high of $5.56, with the average trading price expected to be around $4.70.

Huobi Token (HT) price prediction 2030

2030 holds promise for Huobi Token, with a minimum price forecast at $6.64 and a maximum price potentially reaching $7.95. The average trading price is projected to be $6.83. 

Huobi Price Prediction 2024-2030

HT price prediction: Analysts’ Huobi price forecast

Firm Name20242025Changelly$1.3$1.2DigitalCoinPrice $1.21$1.39Coincodex $0.74$0.55

Cryptopolitan’s Huobi Token (HT) price prediction

At Cryptopolitan, we are bullish on the current Huobi token price forecast. The token is poised to surge following bullish announcements from both Justin Sun and Huobi. In 2024, the Huobi Token (HT) is expected to see a minimum price of $0.7384. The maximum Huobi token’s price might soar to around $0.8550, with the average trading price likely stabilizing at $0.7625.

Huobi Token (HT) historic price sentiment

Overview of the historical Huobi Token price movements, emphasizing that past performance does not indicate future results.

2018 Performance:

The initial rise was from $1.20 on February 5 to $5.96 on June 5, a 396% increase.

Price declined to $1.05 by December 16; closed the year at $1.07.

Stagnation from 2019 to 2020.

2021 Performance:

Early 2021 market boom led to an all-time high of $39.81 on May 12.

Ended the year at $9.37 following a downturn.

2022 Performance:

Initial stability with a peak of $10.19 following the Contract Master contest.

Post-May downturn influenced by UST depegging and LUNA collapse, dropping to $6.03.

Further drop to $4.30 by July due to Celsius Network’s operational halt.

Brief recovery to $5.70 in August, then fell to $3.84 by October.

Recovery to $9.55 in late October after sale to About Capital.

November crash to $3.91 following the FTX collapse and related Huobi wallet activities.

Slight recovery to around $5 on November 21. 

In 2023, the price continued to consolidate around the $2.4 mark; however, due to several hacks in 2024, the price lost its momentum. 

In recent weeks, HT price dropped below the $0.6 mark and is aiming for a break below $0.35.  

In August, the price of HT dropped toward $0.33 but later it surged above $0.63.  

In September, the price of HT surged toward the high of $0.65 by the month’s end. 
 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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