During these somewhat uncertain times in the cryptocurrency industry, any sort of momentum can materialize when people least expect it. Despite promising signs this morning, most markets have dropped in the red ever so slightly. Even the Holo price is facing a rather big decline, which seems to indicate the next leg up for this token may not necessarily occur right away.

Holo Price Trend Isn’t too Appealing

It is not entirely uncommon for altcoins to go deeper in the red than Bitcoin itself. In fact, this is a rather common development in the past three to four years  When those altcoins not only lose USD value, also BTC and/or ETH value, things are not looking all that great. For Holo, it is evident the coming hours will be crucial in terms of determining the overall trend ahead of the weekend.

To be more specific, the Holo…

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Source: https://themerkle.com/holo-price-gets-driven-down-further-as-bears-retain-control/