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Helium (HNT) Price Prediction 2024, 2025, 2026-2030

Helium (HNT) Price Prediction 2024, 2025, 2026-2030

  • Bullish HNT price prediction for 2024 is $11.012 to $16.855.
  • Helium (HNT) price might reach $20 soon.
  • Bearish HNT price prediction for 2024 is $4.428.

In this Helium (HNT) price prediction 2024, 2025-2030,  we will analyze the price patterns of HNT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency

TABLE OF CONTENTS
INTRODUCTION
  • Helium (HNT) Current Market Status
  • What is Helium (HNT)?
  • Helium (HNT) 24H Technicals
HELIUM (HNT) PRICE PREDICTION 2024
  • Helium (HNT) Support and Resistance Levels
  • HELIUM (HNT) Price Prediction 2024 RVOL, MA, and RSI
  • Helium (HNT) Price Prediction 2024 ADX, RVI
  • Comparison of HNT with BTC, ETH
HELIUM (HNT) PRICE PREDICTION 2025, 2026-2030
CONCLUSION
FAQ

Helium (HNT) Current Market Status

Current Price$8.99
24 Hour Price Change5.23% Down
24 Hour Trading Volume$15,664,458
Market Cap$1,441,590,615
Circulating Supply160,875,442 HNT
All Time High$55.22 (On Nov 13, 2021)  
All Time Low$0.2534 (On Jun 10, 2020)  
HNT Current Market Status (Source: CoinMarketCap)

What is Helium (HNT)

TICKERHNT
BLOCKCHAINHelium
CATEGORYEthereum based token
LAUNCHED ONJuly 2019
UTILITIESGovernance, Fast Transactions, gas fees & rewards

Helium (HNT) is the native utility token of Helium, a decentralized wireless Internet-of-things (IoT) network. HNT was launched in 2019. The token was created based on a burn-and-mint equilibrium (BME) model. HNT are burnt and converted to Data Credits (DCs) that users hold to access and use the network.

Helium operates on a proof-of-coverage (PoC) consensus algorithm. PoC relies on Honey Badger Byzantine Fault Tolerant (HBBFT). With this algorithm, the transactions are encrypted by a shared public key and can only be decrypted by an elected consensus group.

HNT tokens can be mined through hotspots, wireless devices that use radio waves. Miners mine HNT and create network coverage for IoT devices. Also, the network aims to achieve decentralized IoT communication

Helium 24H Technicals

(Source: TradingView)

Helium (HNT) Price Prediction 2024

Helium (HNT) ranks 54th on CoinMarketCap in terms of its market capitalization. The Helium price prediction for 2024 is explained below with a daily time frame.

HNT/USDT Falling Wedge Pattern (Source: TradingView)

In the above chart, Helium (HNT) laid out a falling wedge pattern. The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern occurs when the assets price is moving in an overall bullish trend before the price action corrects lower. Within this pullback, two converging trendlines are drawn. One of the main features of the falling wedge pattern is the volume, which decreases as the channel converges. 

At the time of analysis, the price of Helium (HNT) was recorded at $8.99. If the pattern trend continues, then the price of HNT might reach the resistance level of $11.260. If the trend reverses, then the price of HNT may fall to the support of $8.717, $6.156, and $4.411.

Helium (HNT) Resistance and Support Levels

The chart below elucidates Heliums possible resistance and support levels (HNT) in 2024.

HNT/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Helium (HNT) for 2024.

Resistance Level 1$11.012
Resistance Level 2$16.855
Support Level 1$6.188
Support Level 2$4.428

HNT Resistance & Support Levels

Helium (HNT) Price Prediction 2024 RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (HNT) are shown in the chart below.

HNT/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Helium (HNT) market in 2024.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $7.422Price = $9.488
(50MA
Bullish/Uptrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions65.765
<30 = Oversold
50-70 = Neutral>70 = Overbought
Neutral
Relative Volume (RVOL)Assets trading volume in relation to its recent average volumesBelow cutoff lineWeak volume

Helium (HNT) Price Prediction 2024 ADX, RVI

In the below chart, we analyze the strength and volatility of Helium (HNT) using the following technical analysis indicators Average Directional Index (ADX) and Relative Volatility Index (RVI).

HNT/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Helium (HNT).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum11.427Weak Trend
Relative Volatility Index (RVI)Volatility over a specific period26.14

<50 = Low
>50 = High
Low volatility

Comparison of HNT with BTC, ETH

Let us now compare the price movements of Helium (HNT) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs HNT Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of HNT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of HNT also increases or decreases respectively.

Helium (HNT) Price Prediction 2024, 2025 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Helium (HNT) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Year Bullish Price Bearish Price
Helium (HNT) Price Prediction 2025$28$4
Helium (HNT) Price Prediction 2026$34$3.5
Helium (HNT) Price Prediction 2027$41$3
Helium (HNT) Price Prediction 2028$48$2.5
Helium (HNT) Price Prediction 2029$57$2
Helium (HNT) Price Prediction 2030$69$1.5

Conclusion

If Helium (HNT) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Helium (HNT) price prediction for 2024 is $16.855. Comparatively, if unfavorable sentiment is triggered, the bearish Helium (HNT) price prediction for 2024 is $4.428. 

If the market momentum and investors sentiment positively elevate, then Helium (HNT) might hit $20. Furthermore, with future upgrades and advancements in the Helium ecosystem, HNT might surpass its current all-time high (ATH) of $55.22. and mark its new ATH. 

FAQ

1. What is Helium (HNT)?

Helium (HNT) is the native utility token of Helium, a decentralized wireless Internet-of-things (IoT) network. HNT was launched in 2019.

2. Where can you purchase Helium (HNT)?

Helium (HNT) has been listed on many crypto exchanges which include Binance, and KuCoin.

3. Will Helium (HNT) reach a new ATH soon?

With the ongoing developments and upgrades within the Helium Platform, HNT has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Helium (HNT)?

On Nov 13, 2021, Helium (HNT) reached its new all-time high (ATH) of $55.22.

5. What is the lowest price of Helium (HNT)?

According to CoinMarketCap, HNT hit its all-time low (ATL) of $0.2534, On Jun 10, 2020.

6. Will Helium (HNT) reach $20?

If Helium (HNT) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $20 soon.

7. What will be Helium (HNT) price by 2025?

Helium (HNT) price is expected to reach $28 by 2025.

8. What will be Helium (HNT) price by 2026?

Helium (HNT) price is expected to reach $34 by 2026.

9. What will be Helium (HNT) price by 2027?

Helium (HNT) price is expected to reach $41 by 2027.

10. What will be Helium (HNT) price by 2028?

Helium (HNT) price is expected to reach $48 by 2028.  


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Disclaimer: The opinion expressed in this chart is solely the authors. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Read more: https://thenewscrypto.com/helium-hnt-price-prediction/

Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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