The helium token is becoming more and more popular. The reason for this is the mining method that the company offers. Today, Helium technicals are indicating a scary potential drop. Should you sell ALL your Heliums? When is the optimal exit point, or should you sell now because the price could crash? Today we will explain everything you need to know about the Helium price.
What is Helium Crypto?
Helium Network is a decentralized wireless network that helps devices connect wirelessly to the Internet anywhere in the world. Thanks to its secure and open-source infrastructure, developers have the opportunity to build low-power, Internet-connected devices at a cheaper and faster pace.
Helium Price Completes ABC sequence with Correction
At the end of 2021, the Helium price was able to complete an ABC sequence that was already running at the end of 2020. After the price reached the final target of $42 – $50, the correction started. This correction could see an end last week. The helium price has reached the golden pocket of the ABC sequence and has thus, theoretically, corrected the entire increase. As a result, the price could be targeting higher prices in the near future, which it has already done this week. But one thing stands in the way of the Helium price.
Helium Price Breaks Trendline! Panic Now?
The helium price formed a trend line in mid-2021, which caused prices to rise. This trend line was broken in the last crypto crash. As a result, the price could start a downtrend next. If we don’t retake the trendline this week, we expect a crash down to the next support zone. This support zone is between $9 and $11.75. Here could be an optimal purchase point if you want to invest in the helium course.
Looking at figure 2, the uptrend break looks clear, especially on the 1-week chart. If you already hold Helium tokens, it would be best to liquidate, or at least part of your earnings. This way, you can catch Helium at better prices, specifically around the B area of the ABC sequence.
——> Click here to short-sell Helium <——
If you feel like you need guidance when tackling the crypto market, you need to check out our premium area. You’ll always be up-to-date with everything happening in the crypto market. Additionally, you will receive trading ideas and professional trading support. You will also receive information about the latest crypto trends at an early stage! If you want to read more about our Premium Area, click here.
Don’t forget to follow us on Google News to keep yourself updated with the latest Price Predictions 😉
- Helium Price Prediction– How Can You Benefit From The HNT Crypto Now?
- ATOM Price Prediction – Is the Cosmos Price Correction Over?
- Ripple Price about to EXPLODE to $3? Buy XRP below $1!
- Shiba Inu Price Prediction: How High can SHIB Price reach by 2030?
- Polygon Price Prediction – MATIC Price might shoot 50% Soon! Read On.
- Shiba Inu Price Prediction – Upcoming Price Increase of +30% CONFIRMED!?
- Breaking – After Bitcoin Crash, Cryptocurrencies Price Analysis, Bitcoin, Ethereum, IOTA, EOS, Ripple, Cardano, Chainlink
- Crypto Millionaire: Buy THESE Cryptos before they BOOM in 2023?
- IOTA Price Prediction – BIG Moment Ahead: $3 or $0.5?
- BEWARE! Those Cryptos are approaching a Critical Area!
- The Big Ripple Price Prediction for 2023 – How high can the XRP price go in 2023?
- Top 5 Cryptocurrencies of the Week -Week 36
- Can MATIC Price reach 3$ ? Mixed Opinions BUT…
- LUNA Price is about to POP! Should you Buy LUNA Crypto Today?
- Big News: Ripple Price is about to TRIPLE? This News Confirms…
- Want to Gain 10X? This CHART is Confirming an IOTA Price reaching $10!
- MANA Price Prediction – Potential MANA Token BOOM of 175% soon?
- Shiba Inu to Reach 1$ soon? This New Upcoming Development Proves it Right
- Ripple Price Prediction – Will $XRP Price fall below $0.70 again?
- Ethereum Price Prediction – Price Target $3,000 Reached! Will $ETH Adjust lower now?
- Bitcoin Price $BTC above 38K! Bear Market Over? Look at US Equities!
You might also like
More from Altcoin
This Meme Coin PUMPED 50% in the past 24 hours…Will it continue to Grow? The Next Shib?
This article is all about the Shikoku Inu and how high can the Shikoku coin go. Let's take a look …
Cryptos are Consolidating! Here are 3 Cryptos to Buy in March 2023
There are still some coins that are worth investing in. In this article, we look at 3 cryptos to buy …
Solana’s Network Outage: A Sign of Trouble for Investors? How high can Solana go?
Is it still worthwhile to invest in Solana after the FTX scandal and the recent crashes? How high can …