The Helium value has been on an uptrend since mid-July, coming from the $3.16 assist because it soared to the $7.46 resistance in August.
Helium’s HNT cryptocurrency 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.
Might HNT continue the current rally?
Helium Price Prediction: HNT Could Continue Rallying
Helium’s HNT cryptocurrency has been on an uptrend since mid-July, coming from the $3.16 support as it rose to the $7.46 resistance in August.
HNT bulls have failed to break the resistance, with the Helium price 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.
Also, the Relative Strength Index (RSI) is moving around the 50-midline level, currently at 51, indicating that the RSI is neutral. This also shows that buyers are currently accumulating as they prepare to restock on the crypto.
If buyers begin buying, the Helium price could rally above the ascending triangle pattern, as the bulls now target $8.7.
On the other hand, if the bears take control of the price at this level, HNT could correct, with $5.2 serving as the immediate support zone (200 SMA).
Meanwhile, investors are rushing to buy the new DOGE spinoff, PlayDoge ($PLAY), with only 9 days left until its presale ends.
According to Jacob Bury, a prominent YouTube crypto analyst, $PLAY has the potential to surge 10X after its upcoming launch.
PlayDoge Presale Hurtles Past $6 Million – Last Chance To Buy Before Presale Ends
Having raised over $6 million, PlayDoge ($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 centered around a virtual dog that doubles as a P2E companion. The project offers an engaging P2E experience inspired by the beloved Tamagotchi concept. The game allows users to essentially care for their digital pets, earning $PLAY tokens as a direct financial incentive in the process.
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— PlayDoge (@PlayDogeGame) May 31, 2024
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 increase coming in about two days, buy quickly to secure the best deal.
Buy $PLAY from the official website here using BNB, USDT, or a credit card.
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