HNT prices sustain above the $8 mark and surge 20% today, forming a bullish engulfing candle to surpass the $10 mark. Will the reversal rally reach $12? Key technical points: The market price has increased 25.50% over the past 24 hours. The price action shows a bullish engulfing candle struggling to close above $10. The 24-hour trading volume of Helium is $91.09 Million, indicating a hike of 80%. Past Performance of HNT Succumbing to the global bear market, HNT prices took a nosedive under the $10 mark after struggling to sustain above the 50-day EMA. The downfall comes with a tweezer top formation near the $12 mark and falls 35% in four days. The free fall brings market value to $8 by the end of Monday. However, today we see a bullish surge of more than 20% resulting in the engulfing candle, indicating the high possibility of an uptrend continuation. Source- Tradingview HNT Technical Analysis The sudden and intense increase in trading volume reflects a rise in demand for HNT as it coincides with the price jump. Hence, traders can expect the long-term trend to be bullish if the buying pressure sustains over the week. The MACD indicator displays the fast and slow lines avoiding a bearish crossover and returning to the bullish alignment with an increase in spread. In addition, the growth of bullish histograms is a sign of an increase in demand for Helium tokens. The RSI slope displays a sharp V-shaped turnaround before reaching the oversold boundary to challenge the 14-day SMA and the halfway line. Thus, the RSI indicator shows a sudden growth in underlying bullishness, adding some points to the bullish reversal rally. Thus, the indicators showcase a rise in bullish reversal trend momentum, supporting the price action analysis suggesting an uptrend continuation. In a nutshell, the HNT technical analysis predicts a high likelihood of the reversal rally surpassing the $12 mark. Upcoming Trend Suppose the reversal closes above the $10 mark; the HNT prices will soar higher to the $12 mark. Resistance Levels: $10 and $12 Support Levels: $8 and $6.25
Mesaj Analiză tehnică HNT: Raliul inversat crește cu 20% astăzi a apărut în primul rând pe Platformă de știri și mass-media Cryptoknowmics.
- Coinsmart. Cel mai bun schimb de Bitcoin și Crypto din Europa.
- Platoblockchain. Web3 Metaverse Intelligence. Cunoștințe amplificate. ACCES LIBER.
- CryptoHawk. Radar Altcoin. Încercare gratuită.
- Source: https://www.cryptoknowmics.com/news/hnt-technical-analysis-reversal-rally-skyrockets-20-today/?utm_source=rss&utm_medium=rss&utm_campaign=hnt-technical-analysis-reversal-rally-skyrockets-20-today
- "
- a
- Acțiune
- plus
- analiză
- Urs de piață
- de urs
- înainte
- Bloca
- Bullish
- Cumpărare
- contesta
- Cerere
- Afişa
- afișează
- EMA
- aștepta
- FAST
- First
- Gratuit
- Caritate
- Creștere
- heliu
- Înalt
- superior
- Totuși
- HTTPS
- Crește
- a crescut
- IT
- a sari
- Cheie
- nivelurile de
- Linie
- linii
- pe termen lung
- marca
- Piață
- Mass-media
- milion
- Impuls
- luni
- mai mult
- În apropiere
- ştiri
- performanță
- puncte
- posibilitate
- presiune
- preţ
- raliu
- ajunge
- reflectă
- rezultând
- semna
- unele
- răspândire
- brusc
- a sustine
- De sprijin
- apare
- Tehnic
- Analiza Tehnica
- astăzi
- indicativele
- top
- Comercianti
- Trading
- în
- viitoare
- valoare
- volum
- săptămână