The post HNT Price Analysis: Will A Triangle Breakout Cross $10? appeared first on Coinpedia Fintech News
With a market cap of $1.14B, Helium ranks at #60 in the crypto market, with a 13.16% drop in the last seven days. However, the HNT price has increased by 120% in the past 90 days.
With a triangle pattern holding the future price trend on Helium, the altcoin stands at a crossroads. Will bulls lead a triangle breakout rally to $10? Find out now, in our HNT price analysis below.
HNT Price Analysis
In the daily chart, the HNT price action reveals a recovery rally taking a sideways shift in a symmetrical triangle pattern. The recovery run in HNT started with a falling wedge pattern breakout in early July from the $3 psychological mark.
Followed by the falling wedge breakout, HNT price action reveals a flat breakout leading to the current symmetrical triangle pattern. Based on the Fibonacci levels, the Helium price is consolidating between the 78.60% and 61.80% Fibonacci l
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