• Bullish HNT price prediction is $6.85 to $16.25.
  • Helium (HNT) price might also reach $20 soon.
  • Bearish HNT price prediction for 2022 is $5.49.

In Helium (HNT) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about HNT to analyze the future movement of the cryptocurrency. 

Helium (HNT) Current Market Status

According to CoinGecko, the price of Helium (HNT) is $4.86 with a 24-hour trading volume of $18,752,052 at the time of writing. However, HNT has decreased nearly 14.31% in the last 24 hours.

Moreover, Helium (HNT) has a circulating supply of 125,266,340 HNT. Currently, Helium (HNT) trades in cryptocurrency exchanges such as Binance, Gate.io, BKEX, KuCoin, Bybit.

What is Helium (HNT)?

Helium (HNT) is the native utility token of Helium, a decentralized wireless Internet-of-things (IoT) network. HNT was launched in 2019. HNT is a token created based on a burn-and-mint equilibrium (BME) model. HNT are burnt and converted to Data Credits (DCs) that users hold to access and use the network.

Helium operates on a proof-of-coverage (PoC) consensus algorithm. PoC relies on Honey Badger Byzantine Fault Tolerant (HBBFT). With this algorithm, the transactions are encrypted by a shared public key and can only be decrypted by an elected consensus group.

HNT tokens can be mined through ‘hotspots’, wireless devices that use radio waves. Miners mine HNT and create network coverage for IoT devices. Helium aims to achieve decentralized IoT communication.

Helium (HNT) Price Prediction 2022

Helium (HNT) holds the 63rd position on CoinGecko right now. HNT price prediction 2022 is explained below with a daily time frame.

HNT/USDT Descending Channel Pattern (Source: Tradingview)

Descending Channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.

Currently, Helium (HNT) is in the range of $4.86. If the pattern continues, the price of HNT might reach the resistance levels of $9.45. If the trend reverses, then the price of HNT may fall to $5.45.

Helium (HNT) Support and Resistance Levels

The chart below shows the support and resistance levels of Helium (HNT).

HNT/USDT Support and Resistance Levels (Source: TradingView)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Helium (HNT).

Resistance Level 1 $6.85
Resistance Level 2 $8.57
Resistance Level 3 $12.04
Resistance Level 4 $16.25
Support Level 1 $5.49
HNT Support & Resistance Level

The charts show that Helium (HNT) has performed a bullish trend over the past month. If this trend continues, HNT might run along with the bulls overtaking its resistance level at $16.25.

Accordingly, if the investors turn against the crypto, the price of Helium (HNT) might plummet to almost $5.49, a bearish signal.

Helium (HNT) Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Helium (HNT) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of HNT lies below the cutoff line, indicating weaker participants in the current trend.

HNT/USDT RVOL, MA, RSI (Source: TradingView)

Also, the Moving Average (MA) of Helium (HNT) is shown in the chart above. Currently, HNT is in a bearish state. Notably, Helium (HNT) price lies below 50 MA (short-term), so it is in downtrend. Therefore, there is a possibility of a reversal trend of HNT at any time.

Meanwhile, the relative strength index (RSI) of the HNT is 30.41. This means that Helium (HNT) is in an oversold state. However, this means a major price reversal of HNT may occur in the upcoming days. So, traders need to trade carefully. 

Helium (HNT) Price Prediction 2022 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of Helium (HNT). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

HNT/USDT ADX, RVI (Source: TradingView)

The above chart represents the ADX of Helium (HNT). Currently, ADX of HNT lies in the range of 27.29, so it indicates a weak trend. 

The above chart also represents the Relative Volatility Index (RVI) of Helium (HNT). RVI measures the constant deviation of price changes over a period of time. The RVI of HNT lies below 50, indicating low volatility. In fact, the RSI of Helium (HNT) is at 30.41, thus confirming a potential sell signal.

Comparison of HNT with BTC, ETH

The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Helium (HNT).

BTC Vs ETH Vs HNT Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price changes of BTC and HNT are moving in  very similar trend. This indicates that when the price of BTC increases or decreases, the price of HNT also increases or decreases respectively.

Helium (HNT) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses, Helium (HNT) might probably attain $26 by 2023.

Helium (HNT) Price Prediction 2024

With several upgrades in the network, Helium (HNT) might enter a bullish trajectory. If the coin grabs the attention of major investors, HNT might rally to hit $32 by 2024. 

Helium (HNT) Price Prediction 2025

If Helium (HNT)  sustains major resistance levels and continues in recognising as a better investment option among investors for the next 3 years, HNT would rally to hit $38.  

Helium (HNT) Price Prediction 2026

If Helium (HNT) sustains major resistance levels and continues in recognising as a better investment option among investors for the next 4 years, HNT would rally to hit $44. 

Helium (HNT) Price Prediction 2027

If Helium (HNT) sustains major resistance levels and continues in recognising as a better investment option among investors for the next 5 years, HNT would rally to hit $50.

Helium (HNT) Price Prediction 2028

Despite the trends in the highly-volatile crypto market, if Helium (HNT) holds up a strong stance as a better investment option for the next 6 years, it might drive significant price rallies. Thus, by 2028, HNT would hit $56.

Helium (HNT) Price Prediction 2029

If investors flock in and continue to place their bets on Helium (HNT), it would witness major spikes. HNT might hit $62 by 2029.

Helium (HNT) Price Prediction 2030

With greater advancements in Helium platform, the crypto community might continue to invest in HNT for the next 8 years and drive significant price rallies for the token. Hence, The Sandbox (HNT) might hit $68 by 2030.

Conclusion

With continuous improvements in the Helium network, we can say that 2022 is a good year for HNT. For this reason, the bullish price prediction of Helium (HNT) in 2022 is $16.25. On the other hand,  the bearish price prediction of Helium (HNT) price prediction for 2022 is $5.49.

Furthermore, with the advancements and upgrades to Helium ecosystem, the performance of HNT would help to reach above its current all-time high (ATH) of $54.88 very soon. But, it might also reach $20 if the investors believe that HNT is a good investment in 2022.

FAQ

1. What is Helium (HNT)?

Helium (HNT) is the native cryptocurrency of Helium, a decentralized wireless IoT network. The token was launched in 2019.

2. Where can you purchase Helium (HNT)?

Helium (HNT) has been listed on many crypto exchanges which include Binance, BKEX, Bitget, Crypto.com, Gate.io, KuCoin, Hoo, and LATOKEN.

3. Will Helium (HNT) reach a new ATH soon?

With the ongoing developments and upgrades within the Helium platform, Helium (HNT) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Helium (HNT)?

On November 12, 2021, Helium (HNT) reached its new all-time high (ATH) of $54.88.

5. Is Helium (HNT) a good investment in 2022?

Helium (HNT) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Helium in the past few months, HNT is considered a good investment in 2022.

6. Can Helium (HNT) reach $20?

Helium (HNT) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Helium (HNT) will hit $20 soon.

7. What will be Helium (HNT) price by 2023?

Helium (HNT) price is expected to reach $26 by 2023.

8. What will be Helium (HNT) price by 2024?

Helium (HNT) price is expected to reach $32 by 2024.

9. What will be Helium (HNT) price by 2025?

Helium (HNT) price is expected to reach $38 by 2025.

10. What will be Helium (HNT) price by 2026?

Helium (HNT) price is expected to reach $44 by 2026.

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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