Key Takeaways
- Helium’s Current Status: Helium price has solidified its position as a top 100 crypto by market cap, benefiting from sustained bullish momentum since mid-2024. The token’s growth trajectory continues to be driven by its strong fundamentals in decentralized wireless networks.
- Market Performance: In 2024, Helium price has gained over 175%, with recent data showing a 17.5% increase in the past 7 days. It currently boasts a market cap of $1.32 billion and a circulating supply of 160.8 million HNT, reflecting its strong market position despite broader bearish trends.
- Technical Analysis: HNT price is trading above the R1 Fibonacci pivot level of $7.9, with key resistance levels at $9 and $10. The base Fibonacci pivot at $6.2 is expected to act as strong support. Indicators like the RSI at 65.7 and MACD signal line nearing bullish crossover suggest potential upward movement.
- HNT Price Predictions: Helium price could rise to $10 by the end of September 2024, provided it can sustain above critical support levels. A break past the R2 Fibonacci pivot could further accelerate its upward momentum, potentially challenging $10.7 in the short term.
Where will Helium Price Head Next?
- Despite a general downturn in the crypto market since early August 2024, Helium has emerged as one of the top performers among the top 100 cryptos by market cap.
- Helium’s price has surged over 175% since the second week of July, reaching September highs. In the past week alone, Helium price has gained more than 16%, and over 65% in 2024 so far – positioning it as a strong bullish candidate among major cryptos.
- The token is now trading above the R1 Fibonacci pivot level of $7.9. If Helium price is able to sustain above R1, it could potentially reach $10 by the end of this month.
- Conversely, the base Fibonacci pivot level of $6.2, recently flipped, is expected to act as a support zone.
| Indicator | Value |
|---|---|
|
Support levels (Fibonacci, S1/S2/S3)
|
$4.44 / $3.3 / $1.65
|
|
Resistance levels (Fibonacci, R1/R2/R3) |
$7.9 / $9 / $10.7
|
|
50-day EMA |
$6.3
|
|
200-day EMA |
$5.3
|
|
RSI level |
65.7
|
|
MACD level (Signal Line) |
-0.01
|
Helium Price Prediction September 2024
September may see a mixed performance for Helium price, with some bearish momentum taking hold early in the month. The price is expected to fluctuate between $8.8 and $10, with a potential downturn testing the lower end of this range due to bearish sentiment in the broader market. However, as the month progresses, Helium may find renewed bullish interest. The “Uptober” narrative often ignites market optimism, setting the stage for a gradual uptick in price. If buying pressure increases, Helium could push toward the $10 mark, signaling a recovery and a potential breakout of key resistance zones.
October is shaping up to be a pivotal month for Helium price, with significant bullish momentum expected to push prices higher. With the broader crypto market riding on optimism, HNT price could break through its psychological resistance at $12, opening the door for a run toward the $15 level. Technical indicators suggest that the token may experience a strong breakout, potentially reaching as high as $15 as the month progresses. This upward movement could align with a broader rally across the market, with Helium benefiting from strong buyer interest and positive sentiment across the sector.
November could witness Helium price extending its bullish momentum, driven by the continued excitement from October’s gains. The price is anticipated to rise within the $14 to $18 range, testing the upper boundaries as Helium seeks to capitalize on the “Uptober” spillover effect. Strong market sentiment and increased trading volume could push HNT price toward new yearly highs. If the price breaks past the $16 resistance, it could trigger a rally that propels the token toward the $18 level, marking a potential new peak for 2024. The overall technical landscape remains favorable for further growth.
December might witness a cooling-off period for Helium price, following two consecutive bullish months. While the altcoin could push toward the $20 level, it is expected to face strong resistance around this psychological barrier. Helium price may consolidate in the $17 to $20 range, as profit-taking activity from the previous months tempers further upward movement. Technical indicators could suggest a slowing of momentum, but as long as Helium holds above the $17 support zone, the market outlook remains cautiously optimistic for a sustained uptrend in early 2025.
Helium Price Prediction 2025
2025 could mark a significant year for Helium price, with HNT price predictions ranging from steady growth to explosive movement. The overall crypto market might see renewed enthusiasm, and Helium’s strong fundamentals in decentralized wireless networks could attract institutional investors. Technical analysis suggests that if HNT price breaks key resistance levels near $25, it could climb further, potentially targeting $30 or higher by year-end. Support zones around $18 to $20 will be crucial in maintaining bullish momentum. As adoption of Helium’s network grows, there may be increased demand for the token, contributing to a positive price trajectory.
- By 2026, Helium could enter a phase of consolidation following years of steady growth. Helium price may fluctuate between $28 and $35 as the network stabilizes and matures. This period may be characterized by slower growth compared to previous years, but Helium price’s underlying technology and utility could keep the token relevant. If major resistance at $35 is broken, a surge toward $40 could occur, but this would depend on broader market trends and adoption rates. Support levels near $25 are likely to hold firm, preventing deeper corrections. Continued ecosystem development will be a key driver of HNT’s long-term value.
- 2027 may see Helium price reaching new heights, with price projections ranging from $40 to $50. This year could be pivotal as the global adoption of IoT and decentralized wireless networks gains momentum. If Helium successfully positions itself as a key player in this space, demand for HNT tokens could soar, pushing the price upward. The technical outlook remains bullish, provided the token breaks through resistance around $45. If that happens, Helium could easily target $50 or more. However, strong support around $35 would be necessary to protect against any potential market downturns or corrections.
- In 2028, Helium price could experience another wave of upward momentum, with predictions suggesting a range of $55 to $65. As the crypto market continues to evolve and institutional participation grows, Helium may benefit from increased visibility. If the broader market remains bullish, HNT price could breach the $60 resistance level, propelling the token toward $65. However, any downturn could see prices fall back to strong support around $50. Long-term investors may continue to accumulate during any dips, creating a base for further growth. Key technical indicators suggest sustained bullishness as long as Helium remains above $50.
- By 2029, Helium price could be trading in a range of $70 to $85, reflecting its maturity as a decentralized wireless network. The market may experience heightened volatility, but Helium’s solid use case could shield it from major declines. If HNT price breaks through the $80 resistance, a rapid climb toward $85 is possible, depending on broader market conditions. Support zones around $65 will be critical for maintaining long-term bullish sentiment. Increased demand from IoT and smart city applications could further drive Helium’s value, positioning it as a leading utility token in the crypto space.
- Looking toward 2030, Helium price could be trading between $90 and $110, reaching new all-time highs if market conditions remain favorable. The token’s long-term potential could be realized as more decentralized networks emerge, and Helium solidifies its role in the IoT ecosystem. If HNT price manages to break the $100 psychological barrier, it could open the door to further gains, potentially reaching $110 by year-end. Support at $80 will be essential in sustaining upward momentum, as any major correction could see prices fall back to this level. Nonetheless, Helium is likely to remain a strong contender in the crypto market heading into the next decade.
Will the Helium Price Rise Again in 2024?
Helium price has shown considerable resilience, making it one of the standout performers in 2024 despite broader market volatility. Following its significant gains in mid-2024, many investors are wondering whether HNT price will rise again in the latter part of the year. Technical analysis points to a potential upward movement, especially if Helium can break key resistance levels, such as the R3 Fibonacci pivot near $10. The bullish momentum seen in August, driven by the network’s continuous expansion and its appeal in the decentralized wireless space, could carry into the next few months. Additionally, the seasonal “Uptober” rally could fuel Helium price growth, pushing it towards the $15 level or higher by the end of the year. However, maintaining support around $8.5 is crucial for preventing further downside risks. If the broader crypto market turns bullish, Helium could capitalize on this momentum and continue its upward trajectory into 2025.
