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 a strong base above the $4.00 zone. HT price started a fresh rally above the $4.20 and $4.50 resistance levels. The bulls were able to push the price above the $5.00 resistance and the 100-day hourly simple moving average. During the rally, there was a break above a major bearish trend line with resistance near $4.50 on the daily chart of HT/USD. The price gained pace and was able to clear the 38.2% Fib retracement level of the main drop from the $9.93 swing high to $3.78 low. It is up over 25% in a day (unlike bitcoin and ethereum) and surpassed the $6.00 resistance level. It is now facing a strong resistance near the $6.85 level. The stated resistance is near the 50% Fib retracement level of the main drop from the $9.93 swing high to $3.78 low. Source: HTUSD on TradingView.com The next major resistance sits near the $7.50 level. A close abo...
