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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.

Helium (HNT) Price Primed for Breakout – Could $230 Be Next?

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

News source:captainaltcoin.com

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