Why is the price of Huobi Token up 12% today as rest of the market slumps?
HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish. Huobi Token (HT) has been up 12% in the last 24 hours and is one of the few cryptocurrencies bucking the general downtrend.Trading at over $7, HT's price is up over 80% since the beginning of this week, which is also its best weekly performance since February 2021.HT/USD daily price chart. Source: TradingViewHT's intraday gains coincide primarily with crypto exchange Huobi Global announcing the opening of Starfish Finance (SEAN) spot trading on its platform.....
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Leading crypto exchange Huobi has revealed data from their latest Huobi Token burned. The platform confirmed that 5.826 million HT or around $138.579 million were bought back from the market and used to continue the exchange’s token burning scheme. This Ethereum based token has a limited supply of 500 million and it’s leverage for users […]
The cryptocurrency market is currently experiencing some turbulence, and many coins are struggling to keep up with their peers. However, one coin is bucking this trend and gaining momentum at an impressive rate. Huobi token is on the road to being the most profitable crypto of October. The token has recorded high gains in a market filled with turbulent price actions. Huobi token’s exponential profit comes as news of Justin Sun’s advisory role at Huobi Capital surfaces. The popular entrepreneur made several bullish remarks about HT on Twitter which caused the token to surge....
HT’s price shows strength as price cracks 77% gain despite the market displaying uncertainty. HT bounces from the downtrend as the price breaks out of a descending triangle with strong buy volume. The price of HT shows bullish signs as the price trades above 50 and 200 Exponential Moving Averages (EMA) with good volume. The price movement of Huobi Token (HT) is a spectacle to behold after successfully breaking out of its downtrend that has seen the price of Huobi Token (HT) grounded against tether (USDT). Despite the current state of the crypto market facing a new drawback as....
Huobi Token (HT) price started a major increase above $5.00 against the US Dollar. It is now facing a major resistance at $6.85, above which it could rally to $10.00. Huobi Token price gained over 50% in a few days and broke the $5.00 resistance. The price is now trading above $5.00 and the 100-day hourly simple moving average. There was a break above a major bearish trend line with resistance near $4.50 on the daily chart of HT/USD (data feed via FTX). The pair could rally further to $10.00 if it clears the $6.85 resistance zone. Huobi Token (HT) Price Rallies over 50% Huobi Token formed....
China's busiest bitcoin exchange, Huobi, has announced it will start trading litecoin on 19th March, however, the company's users can begin uploading litecoins to their accounts starting today. Huobi is said to be finalizing tests for implementation before regular trading commences. The litecoin price on BTC-e took a sudden leap earlier today - very likely as a result of the Huobi announcement. Huobi co-founder Jun Du said the company only considered implementing litecoin after careful deliberation and would provide the same business support and services it already does for bitcoin. A....