Helium Coin Price Skyrocketed 30%, But What Next?

From the top 100 cryptocurrencies listed on coinmarketcap, Helium is the only coin trading in green. The prices rebounded from a $3.2 support offering a new relief rally. This rally could surge the prices to the $5 to $5.7 level, but will it sustain?

Key points from Helium price analysis:

The HNT price rebounded from the $3.2 support with a bullish engulfing candle
The daily RSI slope escapes the oversold region
The intraday trading volume in the Helium coin is $101.2 Million, indicating a 376% loss.

Source- tradingview

The Helium technical chart showcased a directional fall since it lost the $8.2 support around Mid August. As a result, the coin price depreciated 59.2% as it plunged to a new 52-week low of $3.28.

However, despite most cryptocurrencies being painted red and Bitcoin plunged below the $19000 mark, the Helium coin price stands high with a bullish engulfing candle. The coin price rebounded from the $3.28 mark and surged 30% higher to currently trading at $4.22.

This bullish reversal with a massive spike in volume indicates more buyers are entering at discounted prices. With sustained buying, the HNT price could rise 16% before hitting the psychological level of $5.

The coin price will test the buyer’s commitment at this resistance and validate if prices can rise higher. However, such a sudden pump is quite unnatural amidst a strong bear market.

Therefore, the Helium coin price is expected to turn down from $5 or $5.8 resistance to retest the $3.28 potential support.

Technical indicator

Relative Strength Index: the RSI slope shows a perpendicular growth from the oversold region indicating high demand pressure at lower prices. A crossover above midline will give additional confirmation for sustained recovery.

EMAs: the downsloping crucial EMAs(20, 50, 100, and 200) indicate a strong momentum downtrend. Moreover, the 20-day EMA’s dynamic resistance keeps the bullish growth under the limit.

Vortex indicator: a wide gap between the bearishly aligned VI+ and VI- indicates weakness in bearish momentum despite the price jump.

Resistance levels- $5 and $5.8
Support levels- $3.28 and $2.45

Trending
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Brian Bollinger

From the past 5 years I am working in Journalism. I follow the Blockchain & Cryptocurrency from last 3 years. I have written on a variety of different topics including fashion, beauty, entertainment, and finance. Reach out to me at brian (at) coingape.com

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.