Over the past 24 hours, the Helium token (HNT) has shown significant growth, increasing by more than 19%. This article examines HNT's current position, the overall cryptocurrency market situation, and its growth prospects.
Helium (HNT) Price Dynamics
In the past day, Helium's price rose by 21.05%, reaching $4.11. HNT's market cap climbed to $723.61 million, while its fully diluted valuation hit $909.64 million.
Current Crypto Market Situation
The global crypto market cap has reached $3.23 trillion, marking a 1.08% increase over the last 24 hours, despite an 8.95% drop in total trading volume, now at $96.4 billion.
HNT Growth Analysis and Prospects
Helium's trading volume has notably increased by 107.92%, reaching $12.11 million. HNT is testing a key resistance level at $4.25, which could push the price to $4.50-$4.75. The Relative Strength Index (RSI) is at 75.54, signaling an overbought zone.
Helium continues to show bullish momentum, but short-term pullbacks are possible. Holding above $4.25 could sustain growth, though RSI cooldown and profit-taking may lead to short-term decreases.
