Helium Price Prediction: HNT Soars 9%, But Investors Are Flocking To This Base Meme Coin With 6 Days Left

The Helium worth surged over 9% within the final 24 hours to commerce at $7.43 as of 5:58 a.m. EST as traders rush to purchase the altcoin.

This current acquire by the HNT worth was sufficient to flip the altcoin’s weekly efficiency again into the inexperienced. It additionally added to the crypto’s optimistic streak all through the previous 30 days. In consequence, the Helium worth is up greater than 37% on the month-to-month timeframe.

The Helium Value Overcomes A Main Resistance Stage

4-hour chart for HNT/USD (Supply: GeckoTerminal)

The Helium worth was capable of overcome the foremost resistance degree at $7.0740 after printing a sequence of upper highs and better lows to type an ascending worth channel. Ought to the crypto shut a 4-hour candle above this threshold within the subsequent 8 hours, HNT may need the technical basis wanted to try a problem on the subsequent resistance at $7.5969.

Alternatively, the Helium worth dropping again under the $7.0740 mark within the coming 8 hours may invalidate the bullish thesis. On this various situation, the crypto might be susceptible to dropping out of the aforementioned optimistic worth channel and take a look at the instant assist at $6.5511. Continued promote strain at this level would possibly result in HNT falling to as little as $6.0936.

Technicals Recommend The Helium Value May Hold Climbing

From a technical perspective, indicators on HNT’s 4-hour chart counsel the Helium worth may preserve climbing by the course of the following buying and selling day. Each the Shifting Common Convergence Divergence (MACD) and the Relative Power Index (RSI) indicators level to a continuation of the crypto’s optimistic pattern.

RSI readings on the 4-hour chart have risen persistently up to now few hours. Merchants usually see this as an indication of patrons rising stronger. The present optimistic slope of the RSI line and the studying at 63 counsel that bulls may preserve pushing HNT greater and nonetheless have some room left earlier than the crypto enters overbought territory.

In the meantime, the MACD line is positioned above the MACD Sign line on the 4-hour chart with the hole between the 2 technical indicators rising. This not solely means that the Helium worth is in a optimistic short-term pattern, but in addition that HNT’s bullish momentum exhibits no indicators of slowing down simply but.

Whereas the Helium worth tries to proceed its optimistic efficiency, traders are FOMO shopping for the Base meme coin Base Dawgz (DAWGZ) with its DEX debut lower than per week away.

A Meme Coin That Can Hop Between The Base Community And Different In style Chains

Base Dawgz (DAWGZ) is a brand new meme coin trying to set up itself throughout the burgeoning Base ecosystem. What units the crypto other than those who got here earlier than it’s its cross-chain capabilities. Powered by Wormhole and Portal Bridge expertise, the meme coin allows traders to seamlessly shift worth between a few of the largest blockchains within the Web3 area.

DAWGZ holders are capable of transact throughout main networks together with Avalanche, Binance Sensible Chain, Solana, Ethereum and the layer-2 Base chain. Buyers can subsequently pounce on yield-generating alternatives on both of those chains as quickly as they seem to maximise their potential returns.

In style crypto YouTuber ClayBro is bullish on Base Dawgz. In a current video, he mentioned that the meme coin is likely one of the prime cryptos to build up.

An Investor Frenzy Erupts Round Base Dawgz Forward Of Its Impending DEX Debut

Buyers have despatched greater than $3.1 million to Base Dawgz’s ongoing presale, signaling robust confidence within the undertaking’s future at this early stage. Extra capital may proceed to circulate in because the meme coin will get able to make its DEX debut in 6 days. This can open up the undertaking to the open market, which is able to enhance its publicity and will result in a worth surge.

The $DAWGZ presale has ended!

You might be nonetheless capable of purchase the token at itemizing worth if you happen to so want. Please keep tuned for more information.

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

— Base Dawgz (@BaseDawgz) August 28, 2024

To get in on the token early, traders can purchase the token by the straightforward purchase widget embedded on the undertaking’s web site. Promoting for $0.008582, the crypto could be purchased utilizing both BASE, AVAX, ETH, SOL or BNB given the undertaking’s multi-chain presence. As soon as bought, the tokens can be staked for an unbelievable 736% APY.

Buy and stake DAWGZ right here for the 736% APY earlier than its DEX debut.

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