Despite the RSI indicating the exhaustion of buying forces HNT is in a clear bullish channel and should now lick the upper edge at 3.55. The narrowing of the VWAP indicates accumulation that should unfold after the weekend, probably on the upside, precisely because of the upward trend imposed by the channel.
S: 2,774 / 2,671 / 2,608
R: 2,861 / 2,901 / 3,027
NOTE: HNT, is the native cryptocurrency of the Helium network and is used to reward miners for verifying sensor data and providing coverage to the network. The helium sensors are placed inside a variety of helium-powered devices, which relay the data back to the network. Deflationary currency, meaning there is limited supply of HNT, and demand for helium products and services only will increase as the helium grows.
S: 2,774 / 2,671 / 2,608
R: 2,861 / 2,901 / 3,027
NOTE: HNT, is the native cryptocurrency of the Helium network and is used to reward miners for verifying sensor data and providing coverage to the network. The helium sensors are placed inside a variety of helium-powered devices, which relay the data back to the network. Deflationary currency, meaning there is limited supply of HNT, and demand for helium products and services only will increase as the helium grows.