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Verge, Augur, Huobi Token Price: Recovery might have to wait as volatility persists



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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

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

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

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

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Namrata is a full-time journalist at AMBCrypto covering the US and Indian market. A graduate in Mass communication, while majoring in Journalism, she writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.

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