After the consolidation phase, Helium price is moving above the resistance levels.
Due to the high-low momentum, the $4.5 area appears to be the next resistance.
The trading volume registered an increase of 32% in the last 24 hours.
Helium (HNT) is taking a rest today after rallying in the past few days. Global markets are looking stable, in fact, crypto market is also inching closer to being bullish to survive for a long period of time after the fall in the consolidation phase.
Helium price (NHT) is gaining momentum due to positive conditions. Amid consolidation, speculators expected a further decline to another 52-week low of $1.49. The vital round level at $1.0 was a key demand area, but the bulls reversed the downtrend before retesting this support area.
Source: HNT/USDT by tradingview
Finally, the market king – Bitcoin broke through an important resistance level, holding its price above $20K. Meanwhile, Helium forms its third consecutive green weekly candle this week. Bulls sho
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