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HNT Price Pumped by 86% in a Week; Will Bullishness Continue?

  • Buyers are facing resistance near the $5.8 level, reflecting that sellers are active there.
  • Helium registered an intraday trading volume of $14.1 Million.
Current Price – $5.1900(+12.41%)Sentiment – Bullish
Max Supply – 223.0 MillionFear & Greed Index – 67 (Greed)
Volatility – 34.58% (Extremely High)Green Days – 15/30 (50%)
RSI – 70 (Neutral)200–Day EMA – $2.1524(Buy)
Trading Volume (24h) – $14.1 MillionAll-time high – $55.22

Based on recent data, Helium holds a market capitalization of $743.4 Million, while the circulating supply is 143.9 Million HNT.

What is Helium HNT?

Helium is a blockchain-powered decentralized network designed for Internet of Things (IoT) devices. Helium mainnet allows its users to transmit data across networks, and allows wireless communication among network nodes. 

HNT is the native cryptocurrency of the platform that is used to pay transaction fees over the network. Helium was founded by Amir Haleem, Shawn Fanning, and Sean Carey in 2013 and Helium Mainnet was launched in July 2019.

Helium HNT  Price Prediction For 2024, 2025, 2026, 2027, 2028, 2029, and 2030

Year Year LowYear High
2024$4.43$11.56
2025$9.80$39.22
2026$10.89$17.99
2027$11.42$28.20
2028$24.13$27.26
2029$26.03$49.07
2030$27.73$35.09

All the prediction data is based on the price performance algorithm of Helium.

HNT Price Prediction 2025

BYBIT: HNT/USDT Monthly Timeframe Chart By TradingView

Over the monthly time frame, HNT formed a large bullish candlestick with a short wick, reflecting the lack of sellers in the market. The monthly trading volume is surfing above the past 20-month average volume, suggesting that the price could rise further.

The HNT price algorithm and technical analysis suggest the price of Helium could increase by 649% and reach $39.22 if bullishness continues in the market. On the other hand, the minimum price value that HNT could hit by 2025 is $9.80. 

HNT Price Prediction 2030

As per the price algorithm and previous price data, the HNT price could gain 570.25% and reach up to $35.09 on the higher end and $27.73 on the lower end, by 2030.

Technical Outlook of HNT Over Daily Timeframe

BYBIT: HNT/USDT Daily Timeframe Chart By TradingView

HNT faced several rejections near the $2 to $2.5 range in a year. Recently, during November, the crypto price gained bullish momentum and surged above the $2 hurdle. The Helium price has been rising since the beginning of October, suggesting high bullishness over the chart. Helium registered an intraday trading volume of $14.1 Million, while the trading volume was almost unchanged since the previous session.

Buyers are facing resistance near the $5.8 level, reflecting the presence of sellers near this zone. If buyers sustain the price above the immediate support then a breakout above the $5.8 might be witnessed.

At press time, HNT is trading at $5.1900, with an intraday increase of 12.41%, highlighting bullishness over the chart. Additionally, the HNT price pumped by 86.66% over the past seven days.

Testimony of Technical Indicators

BYBIT: HNT/USDT Daily Timeframe Chart By TradingView
Indicator( Occilators/Moving Averages)ValuePrediction
Relative Strength Index70.9038Neutral
Chaikin Money Flow0.08Buy
Average Directional Index61.95Neutral
MACD (12, 26)0.7493Buy
Bull Bear Power2.0034Buy
Stochastic %K (14, 3, 3)71.45Neutral
20-Day EMA3.7388Buy
50-Day EMA2.8365Buy
100-Day EMA2.3091Buy
200-Day EMA2.1524Buy
Volume Weighted Moving Average (20)4.1275Buy

HNT  Price Prediction Tomorrow and Next Week

DatePriceChange
December 13$5.070.00%
December 14$5.365.65%
December 15$5.436.94%
December 16$5.151.58%
December 17$4.71-7.14%
December 18$4.84-4.59%
December 19$5.273.89%

The predicted price data is based on the monthly and weekly performance of Helium.

Helium Price Prediction FAQs

What is HNT’s Price Today?

The HNT cryptocurrency’s price is $5.1900 today with a hike of 12.41% since yesterday.

What is the all-time high of HNT?

The HNT token has an all-time high price of $55.22, and the current price is 90.46% below the record-high price.

What is the Intraday Trading Volume of HNT?

Helium has an intraday trading volume of $14.1 Million with an increase of 2% in today’s session.

Will HNT Reach $100?

Helium would need to rise by 1,828% to reach the $100 mark. The price algorithm of HNT suggests that it could hit the $100 mark by 2037.

Will HNT Reach $1000?

Helium would need to gain 19,186% to reach the $1,000 threshold and the highest expected price is $314.13, which is achievable by 2049.

Is HNT Token a Profitable Investment?

Helium has reached 246.84% year-to-date and monthly performance stood at 155.01%. The positive return of crypto is attracting new investors and the price is gradually rising towards upper levels. As per the price analysis, an investment in HNT would be beneficial.

Conclusion

HNT is facing high buying pressure with a sharp price rise. The major technical indicators are generating a buy signal in the market. Currently, buyers are struggling to make a breakout above the $5.8 barrier and the price is consolidating near the resistance. If buying pressure rises in the upcoming session, then a breakout might be witnessed. On the other hand, the sellers need more volume to make a downward move in the market.

Technical Levels

LevelsValue(USD)
Support 2$2.5378
Support 1$3.7450
Price$5.1900
Resistance 1$5.8155
Resistance 2$8.3655
Disclaimer

Investing in stocks and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies, stocks, or other ICOs. Since everyone has their uniqueness, a certified professional should be continually consulted before making any economic decisions.

Antonio K Smith: Antonio is a travel photographer by profession and came across the Crypto world during his profession. Since then his love, knowledge and interest towards the technology have increased. He brings his passion to create in his articles.