Yesterday the price was rejected from the dynamic resistance and it seems like it is now going for another attempt to break it. Todays move might be very decisive as if the price gets rejected again, we can expect to turn it into chilling mode for a a while, which would be a typical behavior in ATH levels.
Aside from TA I just wanted to add that personally I think HNT has probably one of the strongest fundamentals in the whole crypto space, providing real-world value with already fully operational, fast-growing network, and I'm a big fan of the project. (still the charts come first)
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About Helium:
Helium ( HNT ) is a decentralized blockchain-powered network for Internet of Things ( IoT ) devices.
Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.
Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT .
Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
Source: morioh
Aside from TA I just wanted to add that personally I think HNT has probably one of the strongest fundamentals in the whole crypto space, providing real-world value with already fully operational, fast-growing network, and I'm a big fan of the project. (still the charts come first)
-------------------------------------
About Helium:
Helium ( HNT ) is a decentralized blockchain-powered network for Internet of Things ( IoT ) devices.
Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.
Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT .
Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
Source: morioh
Comment:
breakout rejected. the price is most likely headed to 26.66 (yellow scenario)
