The Helium price According to the analysis, prices are rising continuously on the second day. The bullish momentum helped the price level rise to $ 11.4. Helium had fallen until May 27, 2022, when prices fell to the $ 6.8 level, but the current bullish momentum is significant as prices have risen over the past two weeks as the short-term price trendline has risen. It is useful for recovery. A great achievement of cryptocurrencies. The next resistance of the HNT / USD is $ 13.6 as the bulls are moving towards higher positions.
HNT / USD Daily Price Chart: Strong bullish momentum brings higher profits for HNT
The daily price chart for helium price analysis shows bulls from $ 10.5 to $ 11.4 as the HNT / USD pair was trading at a later value at the time of writing and has reached a value of 14.2% in the last 24 years. It shows that it covers the rising range of the dollar. Time, and trends were rising most of the week, so we achieved a value of around 32.9 percent over the last week. Today’s trading volume improved by 5.39% and market capitalization increased by 13.10%.
The volatility of the HNT / USD pair is rising as the Bollinger Bands are expanding due to this week’s highs. Currently, the upper limit is $ 11.3, the HNT price is above the upper limit, and the lower limit is $ 6, which also indicates the strongest support for the HNT price. The indicator earns an average of $ 8.7.
The Relative Strength Index (RSI) is on the up curve in the upper half of the neutral zone at index 60. The RSI is in a higher neutral position and its rising curve shows an increase in purchasing activity in the market.
Helium Price Analysis: Recent Developments and Further Technological Adaptation
A 4-hour helium price analysis further confirms the bullish momentum. Prices were seen to fall in the last four hours of the last trading session, but the fix was short-lived, and bulls continue to take over today, with prices rising every hour. Still, no evidence of bearish disability has been observed, but the price is approaching initial resistance at $ 11.6 and will be tested shortly.
The volatility of the 4-hour chart is high, demonstrating support for the HNT / USD price, as the Bollinger Bands have expanded away and are trading at highs of $ 11.4. With a moving average of $ 10.6, the RSI is trading at index 68 and is moving towards the overbought zone.
Helium Price Analysis: Conclusion
Current helium price analysis shows that bullish momentum largely defines price movements, but there is still room for more bullish movements. HNT / USD could exceed the $ 11.6 resistance as purchasing activity intensifies over the next few hours. However, it may not be able to handle the $ 13.6 resistance today. On the other hand, if there is selling pressure, the price could drop to $ 10.5.
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