According to CoinGecko data, Helium (HNT), which has increased by close to 10 percent in the last 24 hours, was among the highest risers of the day.
The rise in HNT approached about 10 percent and the price, which rose to $ 5.40, fell to the level of 5.30.
Helium (HNT) Price Spends the Day Up 9 Percent
Helium’s coin, HNT, a peer-to-peer decentralized physical wireless network for the internet of things (IoT), started out as one of the top emerging cryptocurrencies to date.
HNT has risen 11 percent in the past seven days. Investors are wondering if HNT, which has been on the rise with certain fluctuations for a long time, can maintain its successful chart.
Helium (HNT) has approached the $5.45 levels, if it surpasses it, it could test the $6 resistance. If it breaks the resistance with the insistence of the bulls, it can continue its rise.
If it comes under heavy selling pressure, it could drop to the $5 support level. It stands out that its first stop is $4.5 if it fails to gain strength from the support. It is predicted that it will continue to rise due to its low market value and increasing volume over time. Helium (HNT) current price is around $5.34.