Resistance

Verge

Helium

<p>Helium is testing a major price level, raising speculation about its next move. Prominent analyst Austin Barack revealed on X (formerly Twitter) that the $9-$10 range represents a key resistance for <a href="https://captainaltcoin.com/this-analyst-predicts-that-hnt-can-rally-6x-easily-helium-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">HNT’s price</a>.&nbsp;</p>
<p>A breakout above this level could open new price potential, supported by strong network growth and usage data. The chart also signals bullish momentum, with Helium positioned as a leader in Decentralized Physical Infrastructure Networks (DePIN).</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/why-bitcoin-btc-price-could-hit-new-ath-amid-record-close/" target="_blank" rel="noopener noreferrer nofollow">Why Bitcoin (BTC) Price Could Hit New ATH Amid Record Close</a></em></strong></p>
<h2 class="wp-block-heading" id="helium-technical-analysis">Helium Technical Analysis</h2>
<p>The HNT price chart reflects a clear upward trajectory after a mid-2024 recovery, with consistently higher lows and highs suggesting bullish sentiment. The $9-$10 range now acts as a major resistance level where the price is consolidating. Historical patterns show that previous attempts to break this zone resulted in sell-offs, making this area pivotal for traders.</p>
<p>Support zones are also evident around $5-$6, where the price consolidated before its recent rally, and around $7, where upward momentum briefly paused. Moving averages further validate the current trend, with HNT recently crossing above the 200-day simple moving average (SMA). This technical move suggests growing momentum that could support a breakout.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="641" src="https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-1024x641.png" alt="" class="wp-image-599582" srcset="https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-1024x641.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-300x188.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-767x480.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-1536x961.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-2048x1282.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-240x150.png 240w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-100x63.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-559x350.png 559w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-649-788x493.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-649.png 1409w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/AustinBarack/status/1868044532178124860" target="_blank" rel="noopener noreferrer nofollow">X/AustinBarrack</a></em></strong>
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<p>Furthermore, volume analysis shows a spike in trading activity as HNT’s price approaches the resistance zone. Increased volume around $9-$10 suggests heightened interest from both retail and institutional investors. If buying pressure continues, it could pave the way for a decisive breakout.</p>
<p>The Relative Strength Index (RSI) sits near 65, indicating strong bullish momentum. However, this reading is close to the overbought zone, which may signal a potential pullback if momentum weakens. Traders remain watchful as HNT’s price hovers near this critical level.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/cardano-price-prediction-how-much-will-5000-ada-be-worth-by-2025/" target="_blank" rel="noopener noreferrer nofollow">Cardano Price Prediction: How Much Will 5,000 $ADA Be Worth by 2025?</a></em></strong></p>
<h2 class="wp-block-heading" id="helium-s-fundamental-growth-a-strong-backdrop">Helium’s Fundamental Growth: A Strong Backdrop</h2>
<p>Austin Barack’s tweet highlights Helium’s fundamental achievements, which include serving over 286,000 daily subscribers for major wireless carriers.HNT’s current market value is about a third of what it was at its peak. Meanwhile, the network has gotten way bigger since 2021 – about 10 times more people are using it now. This growth has made the network much stronger in the market.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="701" src="https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-1024x701.png" alt="" class="wp-image-599590" srcset="https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-1024x701.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-300x205.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-767x525.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-1536x1051.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-2048x1402.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-219x150.png 219w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-100x68.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-511x350.png 511w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-650-788x539.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-650.png 862w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: X/AustinBarrack</em></strong>
 </figcaption>
</figure>
<p>Helium’s focus on DePIN, a rapidly growing sector, further underlines its expanding utility. This narrative aligns with increased investor interest in projects that combine tangible infrastructure with blockchain technology.</p>
<h2 class="wp-block-heading" id="potential-scenarios-for-hnt-price-movement">Potential Scenarios for HNT Price Movement</h2>
<p>Should Helium break the $10 resistance, analysts foresee a swift move toward the $11-$12 range, given the lack of overhead resistance. However, failure to breach this level could result in a retest of the $7-$8 support range. The next few days will be crucial as traders monitor volume, momentum, and overall market sentiment for directional confirmation.</p>
<p>With strong fundamentals and growing investor interest, <a href="https://coinmarketcap.com/currencies/helium/" target="_blank" rel="noopener noreferrer nofollow">Helium’s price </a>performance remains one to watch as it tests key technical levels.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/is-helium-hnt-price-on-the-verge-of-exploding-this-key-resistance-could-spark-the-breakout/" rel="noopener noreferrer nofollow">Is Helium (HNT) Price on the Verge of Exploding? This Key Resistance Could Spark the Breakout!</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Is Helium (HNT) Price on the Verge of Exploding? This Key Resistance Could Spark the Breakout!

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