Although the 50-day EMA has recorded a bearish curve in the price chart, the 200-day EMA has acted as a support, indicating elevated uncertainty in the market.
The RSI indicator has recorded a neutral trend over the oversold range, suggesting a cool-off in the buying and selling pressure for the HNT crypto.
After its value plummeted by 46.25% from its peak, the altcoin Helium recently experienced a bullish recovery over the past two days. If the bullish momentum resurfaces, the HNT coin price could potentially retest its resistance level of $6.525 sometime this week.
With boostd price volatility, the price of Helium has jumped by approximately 4% in the last 24 hours, driven by a trading volume of $15.46 million.
