Even though the vast majority of cryptocurrency markets are showing upward momentum, there will always be unusual exceptions. While the Holo price captivated a big audience weeks ago, it now seems to keep declining at an alarming pace. If the value were to drop below $0.001 once again, things can get very ugly really quick. For now, it seems there will be no imminent course reversal to speak of.

Holo Price Remains Stuck in a Slump

Not too many people will be surprised to learn Holo is facing a fair bit of bearish pressure right now. Although this altcoin made traders a lot of good money in the past few months, the good times are almost over, by the look of things. Most of the gains noted in the past few months have been obliterated and the price is slowly returning to its normal value. For those who bought in near 40 Satoshi, there are some troublesome times ahead.

Over the past 24 hours, the Holo price lost another 5% in USD value, driving the price down to $0.001024. There is also a 5.4% decrease in BTC and ETH value. One…

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Source: https://themerkle.com/holo-price-resumes-bearish-trend-as-value-seems-poised-to-drop-below-0-001/