HTX DAO (HTX) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current HTX DAO price prediction, the price of HTX DAO is predicted to rise by 226.54% and reach $ 0.0₅3837 by October 13, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 32 (Fear). HTX DAO recorded 14/30 (47%) green days with 11.88% price volatility over the last 30 days. Based on the HTX DAO forecast, it's now a good time to buy HTX DAO.

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Based on the historical price movements of HTX DAO and the BTC halving cycles, the yearly low HTX DAO price prediction for 2025 is estimated at $ 0.0₅1175. Meanwhile, the price of HTX DAO is predicted to reach as high as $ 0.0₅5523 next year. Using the same basis, here is the HTX DAO price prediction for each year up until 2030.

HTX DAO price prediction 2025

The HTX DAO price prediction for 2025 is currently between $ 0.0₅1175 on the lower end and $ 0.0₅5523 on the high end. Compared to today’s price, HTX DAO could gain 372.75% by 2025 if HTX reaches the upper price target.

HTX DAO price prediction 2030

The HTX DAO price prediction for 2030 is currently between $ 0.0₅2930 on the lower end and $ 0.0₅4751 on the high end. Compared to today’s price, HTX DAO could gain 306.69% by 2030 if it reaches the upper price target.

HTX DAO's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, HTX DAO's 200-day SMA will rise in the next month and will hit $ 0.00 by Oct 13, 2024. HTX DAO's short-term 50-Day SMA is estimated to hit $ 0.0₅1877 by Oct 13, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 50.58, which indicates that the HTX market is in a neutral position.

Popular HTX Moving Averages and Oscillators for Fri, Sep 13, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

HTX DAO Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

HTX DAO Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.0₅1184, HTX DAO has support levels of $ 0.0₅1168, $ 0.0₅1158, and the strongest at $ 0.0₅1142. Similarly, HTX DAO resistance levels are at $ 0.0₅1195, $ 0.0₅1210, and $ 0.0₅1221.

HTX DAO Correlation

Over the past 7 days, HTX DAO price was most positively correlated with the price of and most negatively correlated with the price of .

HTX DAO price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with HTX DAO indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with HTX DAO, a move in one direction for HTX DAO would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the HTX DAO price in the future, it’s helpful to also explore HTX DAO’s price history. In the last month, the HTX/USD pair is down .

How to read and predict HTX DAO price movements?

HTX DAO traders use a variety of tools to try and determine the direction in which the HTX market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the HTX DAO price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

HTX DAO Price Prediction Indicators

Moving averages are among the most popular HTX DAO price prediction tools. As the name suggests, a moving average provides the average closing price for HTX over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for HTX is a sum of HTX’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the HTX price moves above any of these averages, it is generally seen as a bullish sign for HTX DAO. Conversely, a drop below an important moving average is usually a sign of weakness in the HTX market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the HTX price.

How to read HTX DAO charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of HTX DAO with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about HTX DAO’s price action in 1-hour chunks. Each candlestick will display HTX’s opening price, closing price, as well as the highest and lowest prices that HTX DAO reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of HTX DAO?

Just like with any other asset, the price action of HTX DAO is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of HTX. The market capitalization of HTX DAO can change significantly in a short period of time.

When trying to make a HTX DAO forecast, many traders also try to monitor the activity of HTX “whales”, which are entities and individuals that control large amounts of HTX. Since the HTX DAO market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on HTX DAO’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.