With a 45% price growth in the last week, HNT, the native coin of the Helium Blockchain, currently ranks as the cryptocurrency asset with...
The steady demand for HNT among market participants can push it above the new resistance level, which may have formed at $5.9With a 45% price growth in the last week, HNT, the native coin of the Helium Blockchain, currently ranks as the cryptocurrency asset with the most gains during that period, according toAt press time, the altcoin exchanged hands at $5.9, recording a 12% price surge in the past 24 hours. Its daily trading volume totaled $67 million during that period, rising by 11%.
After HNT’s price began its downtrend on 12th April, it found support at $3.70, a price point at which it traded for a few days. It then initiated a rally back to the “rim of the cup” at $5.9, the price level at which it traded at press time. An assessment of the coin’s key momentum indicators showed a steady rise in the demand for the altcoin, suggesting the possibility of a break above the “cup’s rim.”
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