- HNT bullish price forecast is $6.85 to $16.25.
- Helium (HNT) may also hit $20 soon.
- Predicting the bearish price of HNT for 2022 is $5.49.
In Helium Price Prediction (HNT) 2022, we use statistics, price patterns, RSI, RVOL and other information about HNT to analyze the future movement of cryptocurrencies.
Helium (HNT) Current Market Status
according to Queen GekkoHelium (HNT) price is $4.86 with a 24-hour trading volume of $18,752,052 at the time of writing. However, HNT is down nearly 14.31% in the last 24 hours.
Furthermore, helium (HNT) has a circulating supply of 125,266,340 HNT. Currently, Helium (HNT) is traded on crypto exchanges such as Binance, Gate.io, BKEX, KuCoin, and Bybit.
What is helium (HNT)?
Helium (HNT) is the original tool code for Helium, the decentralized wireless Internet of Things (IoT). HNT was launched in 2019. HNT is a token created based on the Burn and Mint Balance Model (BME). HNT is burned and converted into data credits (DCs) that users hold to access and use the network.
Helium works on the Proof of Coverage (PoC) consensus algorithm. PoC is based on Honey Badger Byzantine Fault Tolerant (HBBFT). With this algorithm, transactions are encrypted by a shared public key and can only be decrypted by an elected consensus set.
HNT codes can be extracted from “hotspots” and wireless devices that use radio waves. Miners mine HNT and create network coverage for IoT devices. Helium aims to achieve decentralized IoT communications.
Helium (HNT) Price Forecast 2022
Helium (HNT) is now 63rd on CoinGecko. HNT 2022 price forecast is explained below with daily time frame.
A descending channel is also known as a descending channel. The descending channel consists of two parallel trend lines. The upper trend line, which joins the highs, and the lower trend line, which joins the lows, run parallel to the bottom. This pattern is characteristic of a bear market.
Currently, helium (HNT) is in the $4.86 range. If the pattern continues, HNT price may reach the resistance levels at $9.45. If the trend reverses, HNT price may drop to $5.45.
Helium support and resistance (HNT) levels
The chart below shows helium support and resistance (HNT) levels.
From the above daily time frame, we can clearly interpret the following as helium resistance and support (HNT) levels.
|resistance level 1||$6.85|
|resistance level 2||$8.57|
|resistance level 3||$12.04|
|resistance level 4||USD 16.25|
|Support level 1||$5.49|
The charts show that Helium (HNT) has led an upward trend over the past month. If this trend continues, HNT may work in tandem with the bulls breaking the resistance at $16.25.
Accordingly, if investors turn against the cryptocurrency, the price of Helium (HNT) could drop to around $5.49, which is a bearish sign.
Helium Price Forecast (HNT) 2022 – RVOL, MA and RSI
The relative volume (RVOL) of helium (HNT) is shown in the graph below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL for HNT is below the cutoff line, indicating weaker participants in the current trend.
Also, the moving average (MA) of helium (HNT) is shown in the above chart. Currently, HNT is in a downturn. Notably, the price of Helium (HNT) is below the 50 MA (short term), so it is in a downtrend. Therefore, there is a possibility of a trend reversal of the HNT at any time.
Meanwhile, the Relative Strength Index (RSI) for HNT is 30.41. This means that Helium (HNT) is in an oversold state. However, this means that a major reversal of HNT price may occur in the coming days. Therefore, traders need to trade carefully.
Helium (HNT) Price Forecast 2022 – ADX, RVI
Let’s now take a look at the Helium Average Directional Index (ADX) (HNT). It helps to measure the overall strength of a trend. The indicator is the average of the values of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.
The chart above represents the ADX indicator for helium (HNT). Currently, ADX for HNT is in the 27.29 range, so it indicates a weak trend.
The above chart also represents the helium relative volatility index (RVI) (HNT). RVI measures the continuous deviation of price changes over a period of time. HNT’s RVI is below 50, indicating low volatility. In fact, the Helium Relative Strength Index (HNT) is at 30.41, confirming a possible sell signal.
HNT vs BTC vs ETH
The chart below shows a price comparison between Bitcoin (BTC), Ethereum (ETH), and Helium (HNT).
From the above chart, we can interpret that BTC and HNT price changes are moving in a very similar direction. This indicates that when the price of BTC increases or decreases, the price of HNT increases or decreases, respectively.
Helium Price Forecast (HNT) 2023
If a price action drop completely slows in momentum and the trend reverses, helium (HNT) It could reach $26 by 2023.
Helium Price Forecast (HNT) 2024
With several network upgrades, Helium (HNT) may enter an upward trajectory. If the coin grabs the attention of major investors, HNT could rise to $32 by 2024.
Helium (HNT) Price Prediction 2025
If helium (HNT) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next three years, HNT will rise to $38.
Helium (HNT) Price Prediction 2026
If helium (HNT) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, HNT will rise to $44.
Helium Price Forecast (HNT) 2027
If helium (HNT) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, HNT will rise to $50.
Helium Price Forecast (HNT) 2028
Despite the trends in the highly volatile cryptocurrency market, if Helium (HNT) maintains a strong position as a better investment option for the next six years, it could drive prices higher. Thus, by 2028, the price of the HNT will reach $56.
Helium Price Forecast (HNT) 2029
If investors flock and continue to place their bets on helium (HNT), it will see big spikes. HNT could reach $62 by 2029.
Helium (HNT) Price Prediction 2030
With greater developments in the Helium platform, the crypto community may continue to invest in HNT over the next eight years and drive the price of the token significantly higher. Thus, the price of the Sandbox (HNT) could reach $68 by 2030.
With continuous improvements in helium Grid, we can say that 2022 is a good year for HNT. For this reason, the bullish forecast for the price of Helium (HNT) in 2022 is $16.25. On the other hand, the bearish helium (HNT) price forecast for 2022 is $5.49.
Moreover, with developments and updates in the Helium ecosystem, it will help HNT’s performance to reach an all-time high (ATH) of $54.88 very soon. But, it could also be as low as $20 if investors think HNT is a good investment in 2022.
Helium (HNT) is the original cryptocurrency for Helium, a decentralized wireless Internet of Things network. The token was launched in 2019.
Helium (HNT) is listed on several cryptocurrency exchanges including Binance, BKEX, Bitget, Crypto.com, Gate.io, KuCoin, Hoo, and LATOKEN.
With constant developments and updates within the Helium platform, Helium (HNT) has a high potential to reach ATH soon.
On November 12, 2021, helium (HNT) reached an all-time high (ATH) at $54.88.
Helium (HNT) appears to be one of the most profitable cryptocurrencies this year. According to Helium’s achievements recorded in the past few months, HNT is a good investment in 2022.
Helium (HNT) is one of the active cryptocurrencies that continues to maintain its bullish state. Ultimately, if this uptrend continues, the price of helium (HNT) will reach $20 soon.
The price of helium (HNT) is expected to reach $26 by 2023.
The price of helium (HNT) is expected to reach $32 by 2024.
The price of helium (HNT) is expected to reach $38 by 2025.
The price of helium (HNT) is expected to reach $44 by 2026.
Disclaimer: The opinion expressed in this graph is that of the author only. Not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.
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