HNT Continues an Impressive Upside Correction - learn2trade
Login

Helium (HNT) Continues an Impressive Upside Correction

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more



The Helium token has, as of today, recorded an additional price increase of over 11%. This has brought the token to the second position on the crypto daily movers list. This portrays the HNT token as one of the most profitable coins out there as of the time of writing. Currently, the price of the token has exceeded the previous high, and it seems more upside may be seen in this market.

HNT Statistics:

Helium Price: $9.98

HNT Market Capitalization: $1.74B

Helium Circulating Supply: 174.89M

HNT Total Supply: 174.89M

Helium CoinMarketCap Rank: 70

Key Price Levels:

Resistance: $10.00, $15.00, $20.00

Support: $9.00, $7.00, $5.00

Helium (HNT) Price Continues an Impressive Upside Correction

Helium Bulls Are Holding Out Strong

The ongoing session in the HNT daily market remains firmly under the control of upside forces. This could be perceived through the size of the corresponding price candle. Likewise, price action stands above all the Moving Average (MA) lines.

Similarly, the Stochastic Relative Strength Index (Stochastic RSI) lines are rising upwards steeply from the overbought region. Consequently, technical indications seem to be in good agreement concerning the fact that this market may march on through the immediate technical resistance level and further above it.

Helium (HNT) Price Continues an Impressive Upside Correction

HNT Buyers Are Prepared to Stay on the Front Foot

While moving to the Helium market of 4 hours, one could see that a new session has begun and buyers are still in the lead. However, the previous session has been particularly painful, while the ongoing session, as of the time of writing, has just presented buyers with modest gains.

Albeit price action maintains favorable support above all the MA curves on the chart. Likewise, the Stochastic RSI lines are now in the overbought region and have recently delivered an upside crossover. The ensuing lines of the indicator have an upward trajectory. Nevertheless, given the overbought conditions, traders should anticipate targets below the $10.50 price level.

Start using a world-class auto trading solution.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News