In my previous analysis, I thought that HOT would reach $0.02 by the end of 2021. That won't happen. However, I think the latest market correction is coming to an end for most (not all) crypto. HOT is a great project with a lot of exciting activity planned for 2022. The 2021 HOT mark up saw price reach $0.03. The distribution phase ended in July, bottoming out at $0.005. We are currently still in an accumulation phase. Early 2022 should see HOT reach $0.02 and could even reach $0.05 and above. As always, there are a lot of external pressures on crypto. Macro shocks and policy decisions can drive prices down. Risk management is critical to prevent unnecessary losses.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.