Helium Price Prediction: HNT Up 9%, But Investors Are Moving Into This Base Coin 6 Days Before Its End

helium price rose The cryptocurrency Bitcoin has surged more than 9% in the past 24 hours to trade at $7.43 as of 5:58 a.m. ET, as investors rush to buy the altcoin.

This latest surge in HNT price was enough to push the altcoin’s weekly performance back into the green. It added to the cryptocurrency’s positive streak over the past 30 days. As a result, Helium price is up more than 37% on the monthly timeframe.

Helium Price Overcomes Key Resistance Level

4-hour chart of HNT/USD (Source: Gecko Terminal)

the Helium The price managed to overcome the key resistance level at $7.0740 after recording a series of higher highs and higher lows to form an ascending price channel. If the cryptocurrency closes a 4-hour candle above this threshold in the next 8 hours, HNT could have the technical foundation to attempt a challenge at the next resistance at $7.5969.

On the other hand, a drop in the price of helium below the $7.0740 level in the next eight hours could invalidate the bullish hypothesis. In this alternative scenario, Encryption The pair could be at risk of breaking out of the above mentioned positive price channel and testing the immediate support at $6.5511. Continued selling pressure at this point could take the pair lower to $6.0936.

Technical forecasts suggest that the price of helium may continue to rise.

From a technical perspective, the indicators on the 4-hour HNT chart suggest that Helium price could continue to rise during the next trading day. Both the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators are indicating that the cryptocurrency’s positive trend will continue.

The RSI readings on the 4-hour chart have been steadily rising in the past few hours. Traders are generally seeing this as a sign that buyers are getting stronger. The current positive slope of the RSI line and the reading of 63 suggests that bulls may continue to push HNT higher and still have some room left before the cryptocurrency enters the overbought zone.

Meanwhile, the MACD line is above the MACD signal line on the 4-hours chart with the gap between the two technical indicators widening. This not only suggests that Helium price is in a short-term positive trend but also suggests that HNT’s bullish momentum is showing no signs of slowing down yet.

As Helium price tries to continue its positive performance, investors are afraid of missing out on the opportunity to buy Base meme coin. DAWGZ Base With DEX making its debut less than a week later.

Meme coin that can move between the mainnet and other popular chains

Base Dawgz (DAWGZ) is a new meme coin looking to establish itself within the thriving Base ecosystem. What sets the cryptocurrency apart from its predecessors is its cross-chain capabilities. Thanks to Wormhole and Portal Bridge technology, the meme coin enables investors to seamlessly transfer value between some of the largest blockchains in the Web3 space.

DAWGZ holders will be able to transact across leading networks including Avalanche, Binance Smart Chain, Solana, Ethereum, and the layer 2 Base Chain. Investors can then take advantage of yield-generating opportunities on any of these chains as they emerge to maximize their potential returns.

Popular YouTube star ClayBro has expressed his optimism about Base Dawgz. In a recent video, he said that the meme coin is one of the best cryptocurrencies to mine.

Investor frenzy erupts around Base Dawgz ahead of its imminent debut on a decentralized exchange

Investors have already sent over $3.1 million into the ongoing Base Dawgz presale, indicating strong confidence in the project’s future at this early stage. More capital could continue to flow in as the meme coin prepares to debut on a DEX in 6 days. This will open up the project to the open market, increasing its exposure and potentially driving up the price.

the Dogs Presale is over!

You can still purchase the token at the list price if you wish. Please stay in touch for more information.

DEX Launch Date: September 4, 2024, 5pm CET 🪂 pic.twitter.com/B9gFx6Yju6

— BaseDawgz (@BaseDawgz) August 28, 2024

To get your hands on the token early, investors can acquire the token through the simple purchase tool built into the project’s website. The cryptocurrency is selling for $0.008582 and can be purchased using BASE, AVAX, ETH, SOL, or BNB since the project is multi-chain. Once purchased, the tokens can also be staked for an impressive 736% annual return.

Buy and bet on DAWGZ here for a 736% annual return before its DEX debut.

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