Helium Price Prediction: HNT Pumps Another 24% on Big Announcement, but Smart Money Is on Bitcoin Halving Play That Could Multiply by 10

adminDecember 8, 2023

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Helium prices are up 22% in the last 24 hours. Traded for $5.33 As of 7:45 a.m. EST, trading volume had increased 40% to $31.58 million.

The surge comes as follows helium announcement We’ve introduced new cost-effective cell phone plans to our network that are now available to individuals in the United States.

📶 Utilize #helium network, @helium_mobile $20 per month nationwide phone plan launched📱 https://t.co/s5sA3X2w38
— Helium🎈 (@helium) December 5, 2023

Helium prices were rejected at $5.95, the highest this year.

The helium price surge hit a 13-month high of $5.95 before correcting to $5.0. Nevertheless, it still maintains the highest level of the year.

Helium price chart analysis. Source: Tradingview.com — HNTUSD chart analysis. Source: Tradingview.com

The HNT price showed a dynamic recovery, with buyers joining the $1.36 support line, ultimately breaking through the $2.31 resistance line and reaching $3.06.

Despite the brief retracement, the bulls showed resilience, producing a strong and sustained rally all the way to $5.95.

HNT price has moved above the 200-day and 50-day simple moving averages, which act as immediate support levels and strengthen confidence in the bullish outlook.

The golden cross at $1.49 highlights the dominant bullish dominance. The relative strength index (RSI) remains strong at 89, above the overbought area of 70, indicating continued momentum and buying pressure.

The overall sentiment is bullish, with the stock targeting a high of $7.25 as the next important resistance, representing a potential 35% upside from the current price.

However, the bears may continue the correction phase to gain control and move lower towards the $4.25 support area. A break below this level would force the bulls to pull back towards the $3.50 support.

If you missed the initial surge in HNT price, consider that a lot of smart money is being poured into the Bitcoin Halving Play pre-sale of BTCMTX. Some people say this can give you a 10x return on your investment.

BTCMTX pre-sale reached $5 million

Bitcoin Minetrix (BTCMTX) As the pre-sale enters its 12th phase, the pre-sale has raised $5 million in successive rounds, reaching its goal of $5.8 million.

Investors can now purchase BTCMTX tokens at a discounted price of $0.0121 per token. However, it is important to act quickly as the token price is set to rise within 5 days as the pre-sale progresses to its next phase. Ultimately, the pre-sale will end when the price reaches $0.0129.

#Bitcoin Metrics Now the 12 steps have begun! ⛏️
What are the most common misconceptions? #Cryptocurrency What do you meet? pic.twitter.com/sWHYbtczQB
— Bitcoin Minetrix (@bitcoinminetrix) December 7, 2023

Bitcoin Minetrix It provides an innovative alternative to traditional cloud mining, increasing transparency and reducing financial risk for users.

Bitcoin Minetrix’s roadmap sets out ambitious goals, starting with a listing on a cryptocurrency exchange and launching a comprehensive multimedia marketing campaign.

#Bitcoin Metrics By integrating equity holdings and cloud mining, we are paving the way for a new approach to cloud mining.
By prioritizing transparency, independence, and safety, #Bitcoin Metrics Pioneering tokenized cloud mining to provide a path to trust. $BTC mining. 🌐⚒️ pic.twitter.com/Itz9l8vO89
— Bitcoin Minetrix (@bitcoinminetrix) December 6, 2023

The concept of passively earning money without active participation has long been associated with Bitcoin. Initially, cryptocurrency miners could earn significant rewards by mining significant quantities. But over time, profits declined and market pressures alienated smaller investors..

Passive Income, Rewards, Earn $30,000 Minedrop Airdrop

BTCMTX has the possibility of price increase after launch and $30,000 Mind Drop Prize. Ten lucky participants will each have the chance to win $3,000 worth of BTCMTX. 21,652 items have already been registered, and there are approximately 207 days left until the airdrop ends.

You can earn passive income By staking BTCMTX tokens It offers a 120% Annual Percentage Yield (APY), which gradually decreases as more individuals participate. Currently, over 346 million tokens have already been staked.

Jacob Bury, a YouTuber and cryptocurrency enthusiast who boasts over 26,000 subscribers, identified BTCMTX as a “new 10x potential pre-sale,” highlighting how it will help many investors easily mine Bitcoin. Jacob is also continuing his support for BTCMTX by participating in the pre-sale.

To purchase BTCMTX tokens early: BTCMTX official website. Connect your Web3 wallet and exchange ETH, BNB, USDT or MATIC for BTCMTX. You can also purchase tokens directly with your bank card.