Helium Mobile (MOBILE) Price Prediction: MOBILE Looks Ready For A Bull Run

Helium Mobile (MOBILE) has gained prominence after rallying by over 180% in the last seven days.

Key points to note:

Market Sentiment is bullish

Technical Analysis is also bullish

Daily Mobile Coin Sentiment

Helium Mobile (MOBILE) is a subDAO of the larger Helium Network that has seen a surge in popularity recently. Despite being launched in 2013, MOBILE's wireless hotspot was only announced in 2019.

Helium Mobile (MOBILE) has come into the limelight after rallying over 180% in the last seven days. Running on the Solana blockchain, Helium Mobile and the Helium Network have been touted as the best Solana projects following MOBILE's partnership with T-Mobile to offer unlimited data plans for $20 to U.S. residents and those outside the Helium Mobile 5G hotspot coverage.

This innovative project contributes to 90% of the Helium Network's revenue. Moreover, users of Helium Mobile (MOBILE) can earn incentives for sharing their locations, which helps the Helium Network understand where to deploy its services.

MOBILE tokens can be swapped into HNT tokens, the native token of the Helium Network. With such a use case, we could see HNT and MOBILE tokens performing well in the coming months.

Helium Mobile (MOBILE) Technical Analysis

MOBILE On-chain Data from Dune Analytics

Fundamentally, with its use case and demand in the U.S., the Helium Mobile (MOBILE) price has seen a surge in the last couple of days, with on-chain data platform Dune Analytics capturing its network burn rate.

Technical analysis for Helium Mobile (MOBILE) has also complemented this increased demand, as the price broke out of its bearish downtrend. MOBILE's price is poised for a price rally to a high of $0.01 or more.

MOBILE Helium Mobile Chart from TradingView

The current price action for MOBILE is bullish above $0.0018, and bulls will be looking to push the price of Helium Mobile to its all-time highs, as many traders and investors have developed an interest in this crypto project.

Higher timeframes, like daily and weekly, show that the price of MOBILE is bullish, and this price action could be sustained heading into a yearly close.

Helium's growing ecosystem of decentralized wireless and DePIN networks could become a major player in the upcoming bull market with its innovative idea to capture demand-side revenue through data credit and opportunities for token redemption through its incentive rewards for mobile hotspots.