- Helium price action is at $18.12 on Tuesday’s trading session
- The 24-hour volume in HNT is at $43,606,953 with a 25% increase
- The HNT/BTC pair was trading at 0.000306 BTC with a gain of 8.25%
The 4-hour technical chart of Helium price action forecasts a positive trend. According to pivot points, HNT’s critical support level is placed at $12.16. Whereas if it moves up, the key resistance level to watch is $18.70. While diving into the weekly chart of a 4-hour time-frame, it completes a Bullish engulfing candlestick pattern representing bullish reliability with strong uptrend.
EMA- (8,13,21,55) acts as another strong support in the coin. EMA-8 (blue) intersects above EMA-13 (green), which projects a positive trend. The price is above EMA-8. Investors may perceive positive crossover in the EMA, and the price will also follow the positive trend.
RSI indicator (BULLISH), with a value of 65, indicates a buy signal in the coin. Moreover, Investors can see an upward slope from 51 to 65 in the index, which may surge in future trading sessions.
The volume of (444.14K) represents a buying volume that is above the Volume MA (316.90K) of 20-days. High buying pressure is maintained in Helium to drive its price to higher levels.
Helium Price Gained 78% In Weekly Timeframe
Helium price traded at $18.12 with a gain of 10.70% in the last 24-hour and 77.93% up in the weekly time-frame. In contrast, the market capitalization stands at $1.40 billion. Technically, investors can perceive positive crossover in EMA, and the price is fighting to stay above the 8-EMA. RSI index showcases an upward slope. Moreover, the price movement may be above $18.70 in future trading sessions.