- The HNT coin manages to stay above 55-EMA during intraday.
- The 24-hour trading volume is at $13.122 million.
- HNT/BTC pair is trading positive by 2.6% at 0.00035375 BTC.
On the daily chart of HNT coin, Moving Average Exponential (EMA), consisting of 8,13,21,55-EMA, Acts as reliable support in the coin price movement. Investors may observe the price is floating above the yellow line, so until the price resides above all the EMA’s, it will assure an uptrend in Helium.
Trading volume (85.72 K) is low to the 20-day moving average (434.152 K). The volume is low but increasing, so the cost is moving upside. Investors may also notice that the volume bar on the chart decreases. This indicates that unusual volatility is common on the following trading days.
HNT Coin Price Slowly Heading Towards The Demand Zone
HNT coin daily technical chart and price trend show an uptrend. Based on the price action, the supply zone is located at 24- 26 USDT. On the other hand, the demand zone to look for is 14- 16 USDT. Therefore, the chart shows a bearish harami candlestick pattern during the day.
The RSI indicator gave a signal (Overbought) with 72, projecting a buy signal in the currency for the short-term. Investors can observe an inclined slope from 42 to 72 on the index. It can surge in future trading sessions.
The MACD indicator gives (bullish) cross over the signal line on October 15, demonstrating a buy signal in the coin. Additionally, Investors can see the green bars on the Histogram index.
Conclusion
Helium is now priced at $22.59 on a 24-hour trading volume of $13,322,298. HNT prices have increased 5.4 percent in the past 24 hours. Its rotation is 99 million HNT coins and the total supply is 223 million coins.
The RSI and MACD point to a buy signal, and the traders have prompted low volume. In fact, the cost was bounced from the demand zone and heading towards the supply zone. Likewise, the general market outlook is that this pattern will continue to rise over the next few trading days.
Resistance Level: $24- $26
Support Level: $14- $16