However, volume change can be seen below average and needs to grow for HNT to register its breakout. To get out of the consolidation period, HNT coin has to pick up buyers. In order to break through the consolidation phase and rise, the token needs to draw buyers. HNT became trapped inside the horizontal range-bound region, nevertheless. The price of helium has been declining inside of a parallel downward channel, however at one point the token managed to climb out of the channel. HNT investors need to wait until the token regains the steady uptrend momentum over the daily price chart. The MACD line is approaching the signal line for a positive crossover. MACD exhibits the uptrend momentum of the HNT coin. RSI is at 45 and is just below neutrality. Relative Strength Index showcases the consolidation phase of HNT coin.
Technical indicators suggest the sideways momentum of HNT coin. The token appears to sputter out of the bearish trap and recoup up to the key resistance level of $10.00.
On the daily chart, the price of helium is attempting to gather speed in an upward trend. This demonstrates that bulls are working to stockpile so that HNT can advance towards the higher trendline. Additionally, the intraday trading session saw a 2.05 percent increase in trade volume. The price of helium is currently CMP $8.95 and has increased by 3.49 percent in the previous 24 hours. HNT is currently trading with an uptrend to advance towards the consolidation phase’s upper range. The HNT coin has been consolidating at its 2021 lows, therefore it is now imperative for the bulls to give the token a boost so that it can soar. The pair of HNT/BTC is at 0.0004303 BTC with an intraday drop of 1.22%.HNT crypto is trying to recover above 20 EMA and is still behind 50, 100 and 200-days Daily Moving Average.Helium price has been consolidating after breaking out of the descending parallel channel over the daily price chart.
0 kommentar(er)
