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Helium

The post <a href="https://coinpedia.org/price-analysis/hnt-price-prediction-after-the-10-jump-helium-eyes-12-2/">HNT Price Prediction: After The 10% Jump, Helium Eyes $12</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With a volatile sideways shift in the HNT price trend, the bull run in late 2023 struggles to climb higher. Following the peak formation at $10, the altcoin took a reversal from the psychological mark.&nbsp;Nevertheless, with a market cap of $990 Million, the altcoin secures #98 rank in the top 100 cryptocurrencies. 
With the downfall taking support at a crucial support level, the altcoin reaches a pivotal stage. Further, with the likelihood of an additional boost during the Bitcoin Halving next week, Helium seeks to challenge the psychological mark of $10.&nbsp; 
Will this bullish reversal send Helium into a bullish hyperspeed beyond $10? Find out more in our <a href="https://coinpedia.org/price-prediction/helium-price-prediction/">HNT Price Prediction</a>. 
<h2 class="wp-block-heading" id="h-will-hnt-price-exceed-50d-ema">Will HNT Price Exceed 50D EMA?</h2> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/04/12134420/image-400-1024x509.png" alt="" class="wp-image-289611" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/12134420/image-400-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/12134420/image-400-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/12134420/image-400-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/12134420/image-400-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/12134420/image-400-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/04/12134420/image-400.png 1815w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<a href="https://www.tradingview.com/x/8dGasPto/">Tradingview</a> 
In the daily chart, the HNT price trend shows strong bullish support at the $5.214 mark. With multiple bullish bounce-backs from this zone, a total bullish dominance is visible.&nbsp; 
However, the growing stress with the overhead supply challenges the strong support zone. As the Helium price drops to the 200D EMA, the declining 50D EMA warns of a death cross.&nbsp; 
Currently, the HNT price trades at $6.127 with an intraday gain of 1.57% and a reversal from the $5 mark. Hence, the reversal rally is a final hope for a prolonged uptrend.&nbsp; 
<ul> 
 <li>RSI indicator: the daily RSI line showcases a bullish divergence in the double-bottom pattern. This increases the likelihood of a breakout rally.&nbsp;</li> 
</ul> 
<h2 class="wp-block-heading" id="h-will-helium-prices-explode-this-quarter">Will Helium Prices Explode This Quarter?</h2> 
With the overall market sentiment seemingly optimistic due tot he upcoming Bitcoin Halving, the altcoins are shifting gears for a jump. Further, the underlying dynamics of the HNT price teases a bounce back from the crucial support with a double bottom. Considering the buyers manage a break above 50D EMA, the altcoin could hit the $10 mark.&nbsp; 
Optimistically, the uptrend continuation could reach the $15 mark beyond that.

HNT Price Prediction: After The 10% Jump, Helium Eyes $12

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