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Cryptocurrency News Articles
Helium (HNT) Price Primed for Breakout – Could $230 Be Next?
Oct 02, 2024 at 02:00 am
OrangeXBT, a prominent analyst, shared with his followers on Twitter that Helium is delivering on its promises, suggesting that HNT's price could be on the verge of a substantial breakout.
Cryptocurrency analyst OrangeXBT recently shared his insights on Helium (HNT), suggesting that the cryptocurrency is poised for a significant breakout.
Based on Fibonacci retracement levels, OrangeXBT predicts that HNT’s price could experience a tenfold surge from its current value of $7.71.
He noted that Helium is delivering on its promises, highlighting its practical applications in powering a decentralized wireless network.
suggesting that HNT’s price could be on the verge of a substantial breakout.
Based on his analysis of Fibonacci retracement levels, OrangeXBT predicts that HNT’s price may experience a tenfold surge from its current value of $7.71.
According to his technical assessment, the first crucial resistance level for HNT is $88.70, aligning with the 1.618 Fibonacci extension. This level could serve as a significant hurdle for Helium’s rally, especially considering that it would entail a substantial increase from the current price.
However, if the bullish trend persists and HNT manages to overcome this resistance, the next potential targets are $142.82 and $196.94, based on the 2.618 and 3.618 extensions, respectively. These levels suggest that Helium’s rally could have room to run even after the $88.70 target is reached.
notably, OrangeXBT’s analysis indicates that HNT’s price could begin testing these zones if the market remains favorable.
suggesting that HNT’s price could be on the verge of a substantial breakout.
Based on his analysis of Fibonacci retracement levels, OrangeXBT predicts that HNT’s price may experience a tenfold surge from its current value of $7.71.
According to his technical assessment, the first crucial resistance level for HNT is $88.70, aligning with the 1.618 Fibonacci extension. This level could serve as a significant hurdle for Helium’s rally, especially considering that it would entail a substantial increase from the current price.
However, if the bullish trend persists and HNT manages to overcome this resistance, the next potential targets are $142.82 and $196.94, based on the 2.618 and 3.618 extensions, respectively. These levels suggest that Helium’s rally could have room to run even after the $88.70 target is reached.
notably, OrangeXBT’s analysis indicates that HNT’s price could begin testing these zones if the market remains favorable.suggesting that HNT’s price could be on the verge of a substantial breakout.
Based on his analysis of Fibonacci retracement levels, OrangeXBT predicts that HNT’s price may experience a tenfold surge from its current value of $7.71.
According to his technical assessment, the first crucial resistance level for HNT is $88.70, aligning with the 1.618 Fibonacci extension. This level could serve as a significant hurdle for Helium’s rally, especially considering that it would entail a substantial increase from the current price.
However, if the bullish trend persists and HNT manages to overcome this resistance, the next potential targets are $142.82 and $196.94, based on the 2.618 and 3.618 extensions, respectively. These levels suggest that Helium’s rally could have room to run even after the $88.70 target is reached.
notably, OrangeXBT’s analysis indicates that HNT’s price could begin testing these zones if the market remains favorable.suggesting that HNT’s price could be on the verge of a substantial breakout.
Based on his analysis of Fibonacci retracement levels, OrangeXBT predicts that HNT’s price may experience a tenfold surge from its current value of $7.71.
According to his technical assessment, the first crucial resistance level for HNT is $88.70, aligning with the 1.618 Fibonacci extension. This level could serve as a significant hurdle for Helium’s rally, especially considering that it would entail a substantial increase from the current price.
However, if the bullish trend persists and HNT manages to overcome this resistance, the next potential targets are $142.82 and $196.94, based on the 2.618 and 3.618 extensions, respectively. These levels suggest that Helium’s rally could have room to run even after the $88.70 target is reached.
notably, OrangeXBT’s analysis indicates that HNT’s price could begin testing these zones if the market remains favorable.suggesting that HNT’s price could be on the verge of
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