{"id":501874,"date":"2022-09-10T22:21:03","date_gmt":"2022-09-10T22:21:03","guid":{"rendered":"https:\/\/ktsl888.com\/?p=501874"},"modified":"2024-06-11T13:10:21","modified_gmt":"2024-06-11T13:10:21","slug":"helium-hnt-recovers-with-double-digit-gain-can-bulls-push-to-12","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/helium-hnt-recovers-with-double-digit-gain-can-bulls-push-to-12\/","title":{"rendered":"Helium (HNT) Recovers With Double-digit Gain, Can Bulls Push to $12?"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Despite a strong bullish run in recent months, Helium (HNT) was unable to hold its ground against tether (USDT), with the price falling from an all-time high of $50 to around $5. The recent price increase in Bitcoin (BTC) has had a positive impact on the overall market, as most altcoins continue to show strength, producing more than 100% gains, with Helium (HNT) price also in the picture due to its impressive recovery. (Data from Binance)<\/span><\/p>\n<div class=\"related-reading-shortcode\" style=\"text-align: center\"><em><strong>Related Reading: <a href=\"https:\/\/ktsl888.com\/analysis\/apecoin-breaks-out-with-degen-play-activated-can-7-5-be-the-target\/\" target=\"_blank\" rel=\"noopener \">ApeCoin Breaks Out With Degen Play Activated, Can $7.5 Be The Target?<\/a><\/strong><\/em><\/div>\n<h2><span data-preserver-spaces=\"true\">Helium (HNT) Price Analysis On The Weekly Chart\u00a0<\/span><\/h2>\n<p>The price of HNT has struggled to replicate its recent bullish move, which saw the price rally to $50 with a strong bullish sentiment.<\/p>\n<p>After falling from a high of $50 to a low of $4, HNT has struggled to stay afloat. HNT has formed strong support at $4, which appears to be a good area for most traders to place buy orders.<\/p>\n<p>HNT&#8217;s price could end the week on a more bullish note ahead of a new weekly candle. With such strong sentiment, HNT could reach a high of $8 and possibly $12.<\/p>\n<p><span data-preserver-spaces=\"true\">The price of HNT is facing resistance at $6.5 as it cannot trend higher in price; if HNT flips this region, we could see the price rising to $8-$10 and even higher.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Weekly resistance for the price of HNT &#8211; $6.5.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Weekly support for the price of HNT &#8211; $4.5.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Price Analysis Of HNT On The Daily (1D) Chart<\/span><\/h2>\n<figure id=\"attachment_501878\" aria-describedby=\"caption-attachment-501878\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-501878\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/HNTUSDT_2022-09-10_19-52-02.png?resize=860%2C569\" alt=\"\" width=\"860\" height=\"569\"><figcaption id=\"caption-attachment-501878\" class=\"wp-caption-text\">Daily HNT Price Chart | Source: HNTUSDT On <a href=\"https:\/\/www.tradingview.com\/x\/AnTSgUtM\/\" target=\"_blank\" rel=\"noopener nofollow\">Tradingview.com<\/a><\/figcaption><\/figure>\n<p>The price of HNT was rejected from $25 as it fell to a low of $4; the price of HNT bounced from this after forming support to withstand sell orders.<\/p>\n<p>HNT rose from a low of $4 to $5.7 before hitting resistance in its attempt to break above $6.5.<\/p>\n<p>HNT is trading at $5.7 on the daily timeframe, attempting to break and hold above the 50 Exponential Moving Averages (EMA). The $7 price corresponds to the 50 EMA, which acts as a price barrier for HNT.<\/p>\n<p><span data-preserver-spaces=\"true\">HNT must break above $7, which serves as resistance for the price of HNT. If HNT breaks and closes above this level, the price could rise to $10-$12.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Daily resistance for the HNT price &#8211; $7.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Daily support for the HNT price &#8211; $4.5.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">HNT Price Analysis On The Four-Hourly (4H) Chart<\/span><\/h2>\n<figure id=\"attachment_501877\" aria-describedby=\"caption-attachment-501877\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-501877\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/HNTUSDT_2022-09-10_20-10-44.png?resize=860%2C569\" alt=\"\" width=\"860\" height=\"569\"><figcaption id=\"caption-attachment-501877\" class=\"wp-caption-text\">Four-Hourly HNT Price Chart | Source: HNTUSDT On <a href=\"https:\/\/www.tradingview.com\/x\/AnTSgUtM\/\" target=\"_blank\" rel=\"noopener nofollow\">Tradingview.com<\/a><\/figcaption><\/figure>\n<p>After breaking out of its long downtrend, HNT&#8217;s price in the 4H timeframe remains bullish. HNT is trading above the 50 but below the 200 EMAs; a break and hold above the 200 EMA to form support would indicate bullish price action for HNT.<\/p>\n<p>Prices at the 50 and 200 EMAs are $4.7 and $6.2, respectively.<\/p>\n<p>On the 4H chart, the Relative Strength Index (RSI) for HNT is above 70, indicating high buy order volume.<\/p>\n<p><span data-preserver-spaces=\"true\">Four-Hourly resistance for the HNT price &#8211; $6.2.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Four-Hourly support for the HNT price &#8211; $4.7.<\/span><\/p>\n<div class=\"related-reading-shortcode\" style=\"text-align: center\"><em><strong>Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-profitability-jumps-as-price-adds-1500-in-24-hours\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Profitability Jumps As Price Adds $1,500 In 24 Hours<\/a><\/strong><\/em><\/div>\n<pre style=\"text-align: center\"><span data-preserver-spaces=\"true\">Featured Image From Currency, Charts From<\/span><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Despite a strong bullish run in recent months, Helium (HNT) was unable to hold its ground against tether (USDT), with the price falling from an all-time high of $50 to around $5. The recent price increase in Bitcoin (BTC) has had a positive impact on the overall market, as most altcoins continue to show strength, producing more than 100% gains, with Helium (HNT) price also in the picture due to its impressive recovery. (Data from Binance) Related Reading: ApeCoin Breaks Out With Degen Play Activated, Can $7.5 Be The Target? Helium (HNT) Price Analysis On The Weekly Chart\u00a0 The price of HNT has struggled to replicate its recent bullish move, which saw the price rally to $50 with a strong bullish sentiment. After falling from a high of $50 to a low of $4, HNT has struggled to stay afloat. HNT has formed strong support at $4, which appears to be a good area for most traders to place buy orders. HNT&#8217;s price could end the week on a more bullish note ahead of a new weekly candle. With such strong sentiment, HNT could reach a high of $8 and possibly $12. The price of HNT is facing resistance at $6.5 as it cannot trend higher in price; if HNT flips this region, we could see the price rising to $8-$10 and even higher. Weekly resistance for the price of HNT &#8211; $6.5. Weekly support for the price of HNT &#8211; $4.5. Price Analysis Of HNT On The Daily (1D) Chart The price of HNT was rejected from $25 as it fell to a low of $4; the price of HNT bounced from this after forming support to withstand sell orders. HNT rose from a low of $4 to $5.7 before hitting resistance in its attempt to break above $6.5. HNT is trading at $5.7 on the daily timeframe, attempting to break and hold above the 50 Exponential Moving Averages (EMA). The $7 price corresponds to the 50 EMA, which acts as a price barrier for HNT. HNT must break above $7, which serves as resistance for the price of HNT. If HNT breaks and closes above this level, the price could rise to $10-$12. Daily resistance for the HNT price &#8211; $7. Daily support for the HNT price &#8211; $4.5. HNT Price Analysis On The Four-Hourly (4H) Chart After breaking out of its long downtrend, HNT&#8217;s price in the 4H timeframe remains bullish. HNT is trading above the 50 but below the 200 EMAs; a break and hold above the 200 EMA to form support would indicate bullish price action for HNT. Prices at the 50 and 200 EMAs are $4.7 and $6.2, respectively. On the 4H chart, the Relative Strength Index (RSI) for HNT is above 70, indicating high buy order volume. Four-Hourly resistance for the HNT price &#8211; $6.2. Four-Hourly support for the HNT price &#8211; $4.7. Related Reading: Bitcoin Profitability Jumps As Price Adds $1,500 In 24 Hours Featured Image From Currency, Charts From<\/p>\n","protected":false},"author":566,"featured_media":501875,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[86826,86812,86827],"class_list":["post-501874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-helium-hnt","tag-hnt-price","tag-hntusdt"],"acf":[],"yoast_head":"\n<title>Helium (HNT) Recovers With Double-digit Gain, Can Bulls Push to $12?<\/title>\n<meta name=\"description\" content=\"Helium (HNT), despite showing a great bullish run the last few months, was unable to hold against tether (USDT) as the price dropped.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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