At the time of writing HNT is being traded at the price of $29.85. The price of HNT has decreased by almost 11.57% in the past 24 hours. The maximum and minimum of the day are around $34.20 and $28.19. The daily trading volume has also decreased by almost 21.54% in one day. HNT is listed on coinmarketcap at 46th spot according to market capital and has a market dominance of about 0.14%.
HNT before the crash had achieved its all-time high around the price of $23.90 in May 2021. During the crash, HNT created a bottom and dropped down to $8.30. As compared to other coins HNT has been one of the fast gainers and it wasn’t long before it went on to create a new all-time high at the price of $59.27 during the month of November
HNT has a total supply of around 223M tokens and has a circulating supply of around 103.5M coins. HNT can be traded at a lot of different exchanges such as Binance, crypto.com, OKEx, Huobi with different trading pairs.
Technical Analysis – Helium
On higher time frames, it is quite interesting to note that a lot of altcoins have the same chart pattern. After the rally of BTC from 30k, the altcoins didn’t move much as they should have and BTC.d continued to rise. Now that BTC is taking a beating in the market, we can expect a lot of blood on the streets in regards to altcoins.
HNT had created an order block, which was unmitigated. Soon the price rallied upwards and broke structure only to create a lower high. Just like many other coins, the price took a beating and dropped down really hard. Now it is near the order block. Even though, the price can reverse from here, as most of the gap has been filled. But some people would rather wait for the actual mitigation of the order block.
If the price drops there, we can expect a possible long from there. In case BTC decides to drop down even further, we can expect more volatility.
Price Prediction – Helium (HNT)
Helium(HNT) has been one of the highly bullish coins in the market. According to the wallet investor, HNT in one year is expected to reach a value of $70.760. In five years, it is expected to touch $233.631.
