Search Inside Bitcoins

Helium Price Prediction: HNT Jumps 6% As This P2E DOGE Derivative Offers Last Chance To Buy

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

The Helium price rose 6% in the last 24 hours to trade at $6.85 as of 10:13 p.m. EST on trading volume that surged 11% to $28 million.

Helium’s HNT rose 62% in the last 30 days and is up over 275% year-to-date.

Could HNT sustain the current surge?

Helium Price Prediction: HNT Could Continue Rallying

The Helium price has been on an uptrend since mid-July, coming from the $3.16 support as it soared to the $7.46 resistance in August.

HNT bulls have struggled to overcome the resistance, with the price of Helium now trading within the ascending triangle pattern.

HNTUSDT Chart Analysis (Source: Tradingview.com)

The Helium price analysis shows a bullish bias, as HNT now trades above both the 50 and 200  Simple Moving Averages (SMAs) on the 4-hour chart.

Furthermore, the Relative Strength Index (RSI) is moving within the 50-midline level, currently at 51, an indication that the RSI is neutral. This also shows that buyers are now accumulating as they prepare to stock up on the crypto.

If investors start buying, the price of Helium could rally above the ascending triangle pattern, as the bulls now target $8.7.

Conversely, if the bears take control of the price at this level, HNT could correct, with $5.2 acting as the immediate support zone (200 SMA).

Meanwhile, investors are rushing to buy the new DOGE derivative, PlayDoge ($PLAY), with only 9 days until its presale ends.

According to Jacob Bury, a prominent YouTube crypto analyst, $PLAY has the potential to soar 10X after its imminent launch.

PlayDoge Presale Hurtles Past $6 Million – Last Chance To Buy Before Presale Ends

With over $6 million raised, PlayDoge ($PLAY) has announced that its presale will conclude on Aug. 26 at 10 a.m. UTC. 

The decision to end the fundraising early comes as the team prepares to launch its mobile P2E game ahead of schedule, thanks to faster-than-expected game development.

PlayDoge is based on a virtual dog that acts as a P2E companion. The project offers an immersive P2E experience inspired by the beloved Tamagotchi concept. The game allows users to effectively care for their virtual pets, earning $PLAY tokens as a direct monetary reward in the process.

Token holders can also stake $PLAY for an annual percentage yield (APY) of 76%.

You can buy $PLAY tokens for $0.0053 each. With a price hike coming in about two days, buy soon to lock in the best deal.

Buy $PLAY from the official website here using BNB, USDT, or a bank card.

Related News

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

Please enter Coingecko Free Api Key to get this plugin works