Overview

Click to expand overview
HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish. Huobi Token (HT) has been up 12% in The most likely reason behind such a rapid price increase could be tied to the most recent release of Huobi's global expansion plan and the strong technical support level HT has for the first Crypto exchange Huobi burns about $3.3 million of its native HT token in 2025. Rival exchange MEXC also burned about $4 million of its native MX asset this quarter. A further push by HT bulls could see the price breaching $8 and rallying to a high of $10, acting as a strong area for price rejection. Daily resistance for the price of HT – $8-$10. Daily support for Considering Huobi Token (HT) for your crypto portfolio? View HT's latest price, chart, headlines, social sentiment, price prediction and more. Since Monday, however, the token’s price has been rallying, gaining over 70% in the process. According to CoinMarketCap data, HT spiked to a 4-month high of $7.54 According to an April 10 tweet by Justin Sunthe de facto owner of cryptocurrency exchange Huobi GlobalHuobi saw $150 million in revenue during Q1 2025 compared with $120 The price movement of Huobi Token (HT) is a spectacle to behold after successfully breaking out of its downtrend. Over a week

Will Huobi Token (HT) Continue to Rally After 100% Returns? Expert Analysis

Huobi Token (HT) has recently experienced significant price surges, leaving investors wondering: Will this rally continue? After impressive returns, driven by factors like Huobi Global\'s SEAN spot trading launch and a promising global expansion plan, the future of HT is a hot topic. Recent data shows HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish. Huobi Token (HT) has been up 12%.

What\'s Fueling the HT Rally?

The recent price movement of Huobi Token (HT) is a spectacle to behold after successfully breaking out of its downtrend. Over a week, the token has shown strong bullish momentum. Since Monday, however, the token’s price has been rallying, gaining over 70% in the process. According to CoinMarketCap data, HT spiked to a 4-month high of $7.54. The most likely reason behind such a rapid price increase could be tied to the most recent release of Huobi\'s global expansion plan and the strong technical support level HT has.

Huobi\'s Revenue and Token Burns: Positive Signals?

According to an April 10 tweet by Justin Sun, the de facto owner of cryptocurrency exchange Huobi Global, Huobi saw $150 million in revenue during Q1 2025 compared with $120 million in the previous quarter. Further boosting investor confidence, Huobi burns about $3.3 million of its native HT token in 2025. Rival exchange MEXC also burned about $4 million of its native MX asset this quarter, highlighting a trend of exchanges reducing token supply to potentially increase value.

Technical Analysis: What to Expect

While recent gains have been impressive, technical indicators suggest caution. Some analysts believe the rally might be short-lived as technicals flip bearish. A further push by HT bulls could see the price breaching $8 and rallying to a high of $10, acting as a strong area for price rejection. Daily resistance for the price of HT is projected in the $8-$10 range. Keep a close eye on daily support levels to gauge potential pullbacks.

HT Price Prediction & Investment Considerations

Considering Huobi Token (HT) for your crypto portfolio? View HT\'s latest price, chart, headlines, social sentiment, and price prediction to make informed decisions. Remember that cryptocurrency investments are inherently risky, and past performance is not indicative of future results. Always conduct thorough research and consider your risk tolerance before investing.

Top Sources

Related Articles