Helium’s price action tightens as it approaches a key breakout zone! Despite a surge in new mobile signups, HNT’s price remains stuck in a triangle pattern. Could this be the calm before a breakout-driven rally?
Helium (HNT) is trading at $4.121, stuck in a triangle pattern.
The triangle forms from price action between April 16 and now, near the $4 level.
The price is squeezed between the 50-day and 200-day EMAs, suggesting indecision.
A breakout above the $4.35 (200-day EMA) could push HNT to $5.81.
However, resistance at $5.39 may slow the rally.
If HNT drops below $3.83 (50-day EMA), it may slip to $3.22 support.
The MACD hints at a bullish crossover, signaling a possible upside move.
Derivatives market shows bullish signs:
Open interest jumped from $5.35M to $6.69M this week.
Funding rates rose to 0.0122%, indicating bullish sentiment.
Helium Mobile signups hit 255,379, adding 16,507 new users in a week.
Data transfer hit 28.39 TB on Monday, showing active user engagement.
Helium is heating up! With surging mobile signups and open interest, HNT’s price is poised for a breakout. Don’t miss the full story – check out our detailed Helium Price Prediction article for the next big move!
https://coinpedia.org/price-prediction/helium-price-prediction/
Helium (HNT) is trading at $4.121, stuck in a triangle pattern.
The triangle forms from price action between April 16 and now, near the $4 level.
The price is squeezed between the 50-day and 200-day EMAs, suggesting indecision.
A breakout above the $4.35 (200-day EMA) could push HNT to $5.81.
However, resistance at $5.39 may slow the rally.
If HNT drops below $3.83 (50-day EMA), it may slip to $3.22 support.
The MACD hints at a bullish crossover, signaling a possible upside move.
Derivatives market shows bullish signs:
Open interest jumped from $5.35M to $6.69M this week.
Funding rates rose to 0.0122%, indicating bullish sentiment.
Helium Mobile signups hit 255,379, adding 16,507 new users in a week.
Data transfer hit 28.39 TB on Monday, showing active user engagement.
Helium is heating up! With surging mobile signups and open interest, HNT’s price is poised for a breakout. Don’t miss the full story – check out our detailed Helium Price Prediction article for the next big move!
https://coinpedia.org/price-prediction/helium-price-prediction/
Helium’s price action tightens as it approaches a key breakout zone! Despite a surge in new mobile signups, HNT’s price remains stuck in a triangle pattern. Could this be the calm before a breakout-driven rally?
🌐Helium (HNT) is trading at $4.121, stuck in a triangle pattern.
🌐The triangle forms from price action between April 16 and now, near the $4 level.
🌐The price is squeezed between the 50-day and 200-day EMAs, suggesting indecision.
🌐A breakout above the $4.35 (200-day EMA) could push HNT to $5.81.
🌐However, resistance at $5.39 may slow the rally.
🌐If HNT drops below $3.83 (50-day EMA), it may slip to $3.22 support.
🌐The MACD hints at a bullish crossover, signaling a possible upside move.
Derivatives market shows bullish signs:
🌐Open interest jumped from $5.35M to $6.69M this week.
🌐Funding rates rose to 0.0122%, indicating bullish sentiment.
🌐Helium Mobile signups hit 255,379, adding 16,507 new users in a week.
🌐Data transfer hit 28.39 TB on Monday, showing active user engagement.
Helium is heating up! With surging mobile signups and open interest, HNT’s price is poised for a breakout. Don’t miss the full story – check out our detailed Helium Price Prediction article for the next big move!👇👇
https://coinpedia.org/price-prediction/helium-price-prediction/
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