Verge, Augur, Huobi Token Price: Recovery might have to wait as volatility persists
The altcoin market has been following Bitcoin’s lead and has suffered immensely. The coins have failed to recover completely and have been undergoing a sideways movement.
Huobi Token [HT]
Source: HT/USD on Trading View
Houbi Token [HT] continued to rise up till March, however, it succumbed to the 12 March attack. The price of the asset was pushed as low as $1.7482, after which it has been trying to resurface. At press time, the value of the coin had reached $3.2535, but a bearish presence was still around as per Awesome Oscillator.
Resistance: $3.5417
Support: $2.3117
At press time
Price: $3.21
Market Cap: $727.45 million
24-hour Trading Volume: $159.34 million
Augur [REP]
Source: REP/USD on Trading View
Unlike other tokens, REP noticed a sudden spring in its price in January. As correction set in, its value got slashed by more than half but it is still reporting a YTD return of 2.35%. At press time, REP was being traded at $10.13 with its immediate resistance and support marked closely.
According to Bollinger Bands indicators, the market of REP appeared to be volatile as the bands diverged. The trend has switched to a bearish trend as the signal line crept under the candlesticks.
Resistance: $10.84
Support: $8.35
At press time
Price: $9.92
Market Cap: $109.16 million
24-hour Trading Volume: $23.04 million
Verge [XVG]
Source: XVG/USD on Trading View
Unlike the ups and downs in other cryptos, the chart of Verge [XVG] appeared to be pretty simple. The year 2020 started with an upwards stride, but the price has been on a downward spiral since the fall on 15 February. At press time, the coin has been valued at $0.00247 and it reported a negative return of -39.99% in 2020.
Resistance: $0.0027
Support: $0.0021
At press time
Price: $0.0025
Market Cap: $41.44 million
24-hour Trading Volume: $4.55 million
