$HNT, the native token of the #Helium network has steadily risen over three months, backed by an upward trendline.
HNT's price demonstrates higher highs on the daily chart, rebounding from the confluence of the 50-day EMA and the ascending trendline.
The #Helium price is bouncing back from the support of a rounding bottom pattern and encountering resistance around the $10 mark.
A breakthrough above $10 could lead to a Fibonacci level reaching $12.39 this month.
Helium's price surged by 31% in a week, reaching $8.95, fueled by renewed market interest.
If $HNT surpasses $10, it could potentially surge to $12.39, marking a 40% increase.
As per Coingabbar prediction, A more optimistic projection suggests a rise to $15 by the beginning of March.
KEY LEVELS :
RESISTANCE LEVEL : $10.75-$13.00
SUPPORT LEVEL : $8.00-$6.50
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.