Friday, May 16, 2025
Crypto Generated
No Result
View All Result
  • Home
  • Crypto Updates
  • Blockchain
  • Bitcoin
  • Ethereum
  • Altcoin
  • NFT
  • Crypto Exchanges
  • DeFi
  • Web3
  • Analysis
  • Mining
  • Home
  • Crypto Updates
  • Blockchain
  • Bitcoin
  • Ethereum
  • Altcoin
  • NFT
  • Crypto Exchanges
  • DeFi
  • Web3
  • Analysis
  • Mining
No Result
View All Result
Crypto Generated
No Result
View All Result
Home Bitcoin

Helium (HNT) Recovers With Double-digit Acquire, Can Bulls Push to $12?

September 11, 2022
in Bitcoin
0
1.5k
VIEWS
Share on FacebookShare on Twitter


Regardless of a robust bullish run in current months, Helium (HNT) was unable to carry its floor in opposition to tether (USDT), with the worth falling from an all-time excessive of $50 to round $5. The current worth enhance in Bitcoin (BTC) has had a constructive affect on the general market, as most altcoins proceed to point out power, producing greater than 100% beneficial properties, with Helium (HNT) worth additionally within the image on account of its spectacular restoration. (Information from Binance)

Helium (HNT) Value Evaluation On The Weekly Chart 

The value of HNT has struggled to duplicate its current bullish transfer, which noticed the worth rally to $50 with a robust bullish sentiment.

After falling from a excessive of $50 to a low of $4, HNT has struggled to remain afloat. HNT has shaped robust help at $4, which seems to be a great space for many merchants to position purchase orders.

HNT’s worth may finish the week on a extra bullish notice forward of a brand new weekly candle. With such robust sentiment, HNT may attain a excessive of $8 and presumably $12.

The value of HNT is going through resistance at $6.5 because it can not pattern greater in worth; if HNT flips this area, we may see the worth rising to $8-$10 and even greater.

Weekly resistance for the worth of HNT – $6.5.

Weekly help for the worth of KNC – $4.5.

Value Evaluation Of HNT On The Day by day (1D) Chart

Day by day HNT Value Chart | Supply: HNTUSDT On Tradingview.com

The value of HNT was rejected from $25 because it fell to a low of $4; the worth of HNT bounced from this after forming help to face up to promote orders.

HNT rose from a low of $4 to $5.7 earlier than hitting resistance in its try to interrupt above $6.5.

HNT is buying and selling at $5.7 on the every day timeframe, making an attempt to interrupt and maintain above the 50 Exponential Transferring Averages (EMA). The $7 worth corresponds to the 50 EMA, which acts as a worth barrier for HNT.

HNT should break above $7, which serves as resistance for the worth of HNT. If HNT breaks and closes above this degree, the worth may rise to $10-$12.

Day by day resistance for the HNT worth – $7.

Day by day help for the HNT worth – $4.5.

HNT Value Evaluation On The 4-Hourly (4H) Chart

4-Hourly HNT Value Chart | Supply: HNTUSDT On Tradingview.com

After breaking out of its lengthy downtrend, HNT’s worth within the 4H timeframe stays bullish. HNT is buying and selling above the 50 however under the 200 EMAs; a break and maintain above the 200 EMA to type help would point out bullish worth motion for HNT.

Costs on the 50 and 200 EMAs are $4.7 and $6.2, respectively.

On the 4H chart, the Relative Energy Index (RSI) for HNT is above 70, indicating excessive purchase order quantity.

4-Hourly resistance for the HNT worth – $6.2.

4-Hourly help for the HNT worth – $4.7.

Featured Picture From Foreign money, Charts From



Source link

Related articles

Bitviser: The Cell Crypto Pockets with Superior Safety and Compliance Options

March 3, 2025

Michael Saylor Updates Technique’s Bitcoin Holdings—Almost 500K BTC Locked in

March 3, 2025
Landing Pages for WordPress
Tags: BullsDoubledigitGainHeliumHNTPushRecovers
Share76Tweet47

Related Posts

Bitviser: The Cell Crypto Pockets with Superior Safety and Compliance Options

by komiabotsi
March 3, 2025
0

Hong Kong, Hong Kong, March third, 2025, ChainwireBitviser redefines digital asset administration with top-tier safety, multi-portfolio performance, and real-time pockets...

Michael Saylor Updates Technique’s Bitcoin Holdings—Almost 500K BTC Locked in

by komiabotsi
March 3, 2025
0

Michael Saylor stays steadfast in his bitcoin technique, with Technique holding practically 500,000 BTC value $33.1 billion, whereas he pushes...

Bitcoin ETFs Cease Bleeding, Put up $95 Million Web Influx To Finish 8-Day Streak

by komiabotsi
March 2, 2025
0

Prior to now few days, the value of Bitcoin has been beneath vital bearish stress, falling by greater than 10%...

Whales Add 190,000 Ethereum In The Final 24 Hours – The Accumulation Continues

by komiabotsi
March 2, 2025
0

Ethereum is buying and selling barely above probably the most important help degree since December 2023, a value zone that...

Hedera Value Prediction for At this time, March 1 – InsideBitcoins

by komiabotsi
March 3, 2025
0

Be part of Our Telegram channel to remain updated on breaking information protection Hedera (HBAR) is gaining momentum, climbing to...

Load More
  • Trending
  • Comments
  • Latest

Indian Authorities Updates Parliament on Cryptocurrency Invoice and Investigations of Crypto Exchanges – Regulation Bitcoin Information

December 20, 2022

🔴 Crypto Market Overreact?! | This Week in Crypto – Oct 23, 2023

October 23, 2023

Ethereum Dragged Larger By Bitcoin However Can ETH Clear Hurdles?

October 23, 2023

LINK Value Pumps 40% In Three Days, Why Bulls Are Not Achieved But

October 23, 2023

Kiln Shutdown Announcement | Ethereum Basis Weblog

0

Celebrities do not deserve NFTs : ethereum

0

Celebrities do not deserve NFTs : ethereum

0

Is Ethereum attending to $2,000 as Chainalysis predicts explosive post-merge development?

0

U.S. Senators Introduce Crypto ATM Fraud Prevention Act to Curb Scams

March 4, 2025

Tyler Winklevoss Questions Suitability of XRP, SOL, ADA for US Crypto Holdings

March 3, 2025

Kroger Replaces CEO Rodney McMullen: Private Conduct Investigation

March 3, 2025

Jack Vettriano, immensely in style artist whose market success mirrored ‘an urge for food for the glamorous’, has died, aged 73 – The Artwork Newspaper

March 3, 2025
Crypto Generated

Get the latest Cryptocurrency Updates on cryptogenerated.com. Blockchin News, Ethereum, Mining, NFT, Bitcoin, Defi and more.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Mining
  • NFT
  • Web3

Recent Posts

  • U.S. Senators Introduce Crypto ATM Fraud Prevention Act to Curb Scams
  • Tyler Winklevoss Questions Suitability of XRP, SOL, ADA for US Crypto Holdings
  • Kroger Replaces CEO Rodney McMullen: Private Conduct Investigation
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Crypto Generated.
Crypto Generated is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Crypto Updates
  • Blockchain
  • Bitcoin
  • Ethereum
  • Altcoin
  • NFT
  • Crypto Exchanges
  • DeFi
  • Web3
  • Analysis
  • Mining

Copyright © 2022 Crypto Generated.
Crypto Generated is not responsible for the content of external sites.