CandleFocus

Death Crossover In RSI: Helium Price About To Face Offloading?

The price of Helium (HNT) has seen positive performance since July, with a gain of around 150% until early September. However, the token has experienced selling pressure since September and has failed to reach previous highs. It has dropped below key moving averages and may follow Bitcoin's bearish trend, potentially leading to further declines. If the price falls below the 200-day EMA, it could trigger increased selling, but if it holds above the EMA and breaks past September's highs with increased trading volume, there may be a chance for a bullish reversal. The future trajectory of HNT will be influenced by market sentiment and external factors.

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