Image of HZN
HZNHorizon Protocol
$0.0002814
-4.77%
1D

Horizon Protocol Analysis

Investment Score
A quick view into Horizon Protocol's investment prospects.
6.8

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Quiet
Confidence: 85%
Why this state?
  • HZN is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
HZN is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 64.12, which is neither overbought nor oversold.
Volatility
Quiet
HZN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0003040 - $0.0003067
Support zone
$0.0002741 - $0.0002776
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Horizon Protocol support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.0002741 - $0.0002776
Resistance zone
$0.0003040 - $0.0003067
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0002741 - $0.0002776
Support 2$0.0002604 - $0.0002651
Support 3$0.0002499 - $0.0002534
Support 4$0.0002411 - $0.0002468
Resistance 1$0.0003040 - $0.0003067
Resistance 2$0.0003122 - $0.0003157
Resistance 3$0.0007113 - $0.0007148
Resistance 4$0.0007703 - $0.0007738
Scenario Analysis
Bullish scenario

HZN clears the resistance zone at $0.0003040 - $0.0003067 and holds above it. That would strengthen the breakout case and shift attention to $0.0003122 - $0.0003157.

Bearish scenario

HZN loses the support zone at $0.0002741 - $0.0002776. That would weaken the setup and open the way toward $0.0002604 - $0.0002651.

Neutral scenario

HZN continues trading between $0.0002776 and $0.0003040. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.0002743
Bullish
HZN is trading above the 50-day average.
SMA200
$0.0004452
Bearish
HZN remains below the long-term trend line.
EMA50
$0.0002797
Bullish
HZN is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0005764
Bearish
HZN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
64.12
Neutral
RSI (14) is at 64.12, which keeps momentum in a balanced range.
Stoch RSI (14)
61.27
Neutral
Stoch RSI (14) is at 61.27, which suggests momentum is active but not yet extreme.
MACD
0.0₅6364
Bearish
MACD is below its signal line.
ATR
0.9097%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0002936
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
54.02
Neutral
CCI (20) is at 54.02, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00001089
Bullish
Awesome Oscillator is above zero at $0.00001089, which supports bullish momentum.
Williams Percent Range (14)
-53.57
Neutral
Williams Percent Range (14) is at -53.57, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₅2236
Bullish
Bull Bear Power (13) is positive at $0.0₅2236, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
19.01
Oversold
Ultimate Oscillator is weak at 19.01, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.0002955
Bearish
HZN is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0002880
Bullish
HZN is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Horizon Protocol

Over the past 7 days, Horizon Protocol price was most positively correlated with the price of Mantle (MNT), World Liberty Financial (WLFI), Pi Network (PI), Ethena (ENA) and Zcash (ZEC) and most negatively correlated with the price of StarkNet (STRK), LayerZero (ZRO), Binance Coin (BNB), JUST (JST) and Worldcoin (WLD).

Positively Correlated Currencies
NameCorrelation
Image of MantleMantle0.439
Image of World Liberty FinancialWorld Liberty Financial0.301
Image of Pi NetworkPi Network0.290
Image of EthenaEthena0.279
Image of ZcashZcash0.260
Negatively Correlated Currencies
NameCorrelation
Image of StarkNetStarkNet-0.811
Image of LayerZeroLayerZero-0.514
Image of Binance CoinBinance Coin-0.495
Image of JUSTJUST-0.470
Image of WorldcoinWorldcoin-0.434

Horizon Protocol price is negatively correlated with the top 10 coins by market cap with a price of -0.010, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.003. Currencies that are positively correlated with Horizon Protocol indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Horizon Protocol, a move in one direction for Horizon Protocol would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app