Home web3.0 Helium (HNT) Defies Market Downtrend, Surges by 12% to Break $7 Mark

Helium (HNT) Defies Market Downtrend, Surges by 12% to Break $7 Mark

Aug 29, 2024 am 09:14 AM
helium Rally ATH HNT

HNT's notable price action comes amidst a broader market retreat, with Bitcoin (BTC) slipping below $63,000.

Helium (HNT) Defies Market Downtrend, Surges by 12% to Break  Mark

Helium (HNT) price has seen a remarkable uptick, surging by over 12% to break past the $7 mark. This price action comes as the broader cryptocurrency market experiences a slight downturn, with Bitcoin (BTC) slipping below $63,000. However, this downturn has not affected Helium, which has instead seen a surge in both price and trading volume.

As of the latest update, HNT is trading at $7.09, up significantly from recent lows. Trading volumes for Helium have also soared by 161%, indicating a strong interest from buyers. This uptrend has led to a notable rise in Helium’s open interest, which has surged by over 50%, rising from $4.2 million to $6.84 million, according to data from Coinglass.

Several factors appear to be driving the recent surge in Helium’s price. Firstly, there has been a growing interest in decentralized wireless networks (DePINs), which Helium is a part of. These networks offer an alternative to traditional cellular and Wi-Fi connections, and they have seen increasing adoption in recent times. As the DePIN sector continues to grow, it is likely to drive further demand for HNT tokens.

Zweitens hat Helium mehrere Aktualisierungen an seinem Netzwerk vorgenommen, darunter die Hinzufügung neuer Hotspots und die Einführung des Helium Improvement Proposal (HIP) 70, das darauf abzielt, die Gesamteffizienz des Netzwerks zu verbessern. Diese Aktualisierungen haben das Netzwerk für Benutzer und Investoren attraktiver gemacht und zur steigenden Nachfrage nach HNT-Tokens beigetragen.

Schließlich hat der breitere Kryptowährungsmarkt in den letzten Tagen eine leichte Erholung erlebt, von der auch Helium profitiert hat. Während sich der Markt von den jüngsten Verlusten erholt, wenden sich Anleger wieder Altcoins zu, und Helium gehört zu den Top-Performern in dieser Kategorie.

Während HNT diese zinsbullische Rallye erlebt, behalten Händler mehrere wichtige technische Niveaus genau im Auge. Das unmittelbare Unterstützungsniveau für HNT liegt bei 6,7 US-Dollar, während die nächste wichtige Unterstützung bei etwa 6,1 US-Dollar liegt. Auf der Oberseite stößt man auf Widerstandsniveaus bei 7,5 bzw. 8,1 US-Dollar.

Der 1-Stunden-Chart für HNT/USD zeigt einen Aufwärtstrend, wobei die Kryptowährung über dem gleitenden Durchschnitt (MA) von 50 und dem gleitenden Durchschnitt von 200 gehandelt wird, was auf starken Kaufdruck hinweist. Darüber hinaus befindet sich der Relative Strength Index (RSI) im überkauften Bereich, was darauf hindeutet, dass eine mögliche Korrektur bevorsteht.

Die jüngste Leistung von Helium und die Faktoren, die seine aktuelle Preisentwicklung bestimmen, deuten darauf hin, dass sich die Kryptowährung in einer Phase bedeutender Veränderungen befindet. Der Anstieg des offenen Interesses und des Handelsvolumens in Kombination mit positiven technischen Indikatoren und dem Wachstum im DePIN-Sektor deutet auf einen potenziell optimistischen Ausblick für HNT hin.

Es ist jedoch wichtig zu beachten, dass die Kryptowährungsmärkte sehr volatil sein können, und Händler und Anleger sollten stets Vorsicht walten lassen und gründliche Recherchen durchführen, bevor sie Anlageentscheidungen treffen.

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