Helium (HNT) Price Prediction 2024-2030: Will HNT Price Hit $10 Soon?

• HNT’s price might attempt to double from its current value, possibly hitting $9.50 by the end of 2024.
• In 2026 and 2027, the price of the token might experience notable declines.
• The bullish price prediction for HNT could see its value trade at $35 in 2030.

At a time when most altcoins shredded their values, HNT’s price increased. However, this does not mean that the token might continue to outperform other altcoins. It indicates that the token could have strength on its own without banking on other assets. 

In this article, you would learn about the factors backing Helium and its token. You would also have an idea of its price prediction for 2024 to 2030.

Helium (HNT) Real Time Market Status

What is Helium?

Helium was launched in July 2019 as a decentralized blockchain network for the Internet of Things (IoT). With Helium, low-powered internet devices can communicate with one another and send data through the nodes within the network.

For the unfamilar, nodes are like Hotspots on phones where you allow devices to share an internet connection. But in this case, it works basically for IoT interaction. However, it is important to note that each Hotspot covers a different radius, and this depends on the value of Datacredits purchased.

If a user purchases a high number of Datacredits, the connection would cover a wider range. If not, the radius covered would be low, and its native token HNT also helps in this regard.

Helium (HNT) Market Status

HNT’s price as of this writing was $5.10, representing a 10.23% increase in the last 24 hours. According to CoinMarketCap, the trading volume of the token also increased by 165% within the same period. As a result, the 24-hour trading volume hit $57.88 million.

Furthermore, HNT’s market cap was $821.33 million. It has a maximum supply of 223 million, out of which over 160 million was in circulation. HNT is available on different exchanges. Some of the platforms to buy HNT include Coinbase, Bybit, Kraken, Crypto.com, and Bitget. Decentralized exchanges are also not left out as you can buy the token on Raydium or Orca.

Helium (HNT) Price Analysis

While HNT’s price has increased in the last 24 hours, it is important to check the price potential. In this segment, Coin Edition analyzes the price using technical indicators This would give an idea of the short-term potential. Furthermore, we touch on the price predictions from 2024 to 2030.

Helium (HNT) Price Analysis – Bollinger Bands

Indications from the Bollinger Bands (BB) on the 4-hour chart showed increasing volatility around HNT. With the clear expansion of the bands, HNT might undergo significant price fluctuations. 

From a bullish perspective, HNT’s price might climb to $5.60. But in a highly bearish scenario, the price of the token could drop to $4.59. Meanwhile, the upper band of the BB suggested that HNT was overbought. As such, the next target for the token could be a further decline.

Helium (HNT) Price Analysis – Relative Strength Index (RSI)

An assessment of the Relative Strength Index (RSI) reinforced that bias the HNT was overbought. At press time, the RSI reading was over 70.00, indicating that buying pressure was solid. However, profit-taking could be next if most drivers of the rally focused on the short-term horizon.

In this case, we could see HNT’s price decline below $5 within the next few days. On the other hand, solid buying pressure could send the token toward the $6 region.

Helium (HNT) Price Analysis – Moving Average Convergence Divergence

Though the RSI and BB indicated that the price of HNT was overbought, the Moving Average Convergence Divergence (MACD) suggested that the uptrend might not end soon. As of this writing, the MACD was positive, indicating increasing upward momentum.

Furthermore, the 12 EMA (blue) was above the 26 EMA (orange), suggesting that buyers had not left the floor for sellers to take over. As such, a further price increase could occur in the short term.

Helium (HNT) Price Prediction 2024

For 2024, the price of HNT is expected to increase and hit a higher point. This prediction was confirmed by the Exponential Moving Average (EMA). As of this writing, the 20 EMA (blue) had crossed over the 50 EMA (yellow) which is termed a golden cross.

As such, HNT’s price could rise higher within a short period. In the long term, the cryptocurrency might drive past $6.50, and a rally toward $9.50 could be possible by the end of 2024.

Helium (HNT) Price Prediction – Resistance and Support Levels

In terms of resistance and support, Coin Edition was able to identify some key levels. First on the list was the $.387 region which seemed to be a vital support for the token. With this support in place, it could be difficult for HNT’s price to drop lower in the short to mid-term.

Another crucial region was at $4.55 which was a resistance. But bulls have been able to break past the path. However, HNT traders might need to watch out for $5.77. If the price breaks through this point, it could be the catalyst that leads the token to $6.50. Alternatively, rejection at this point could force a decline below $5.

Helium (HNT) Price Prediction 2025

By 2025, altcoin prices are expected to rally higher than they might have done within the last year. If this is the case, HNT might not be left out. Hence, the bullish price prediction for the token could be $14 in 2025.

Helium (HNT) Price Prediction 2026

By 2026, massive profit-taking might occur in the crypto market. As such, the market might lack enought liquidity to back a price increase. Should this happen, the price of HNT could drop to $10.50.

Helium (HNT) Price Prediction 2027

HNT’s price prediction in 2027 could again be bearish as it is projected to be in 2026. This is because the market might face regulatory issue, and this could cause FUD and affect prices. Therefore, HNT might change hands at $8.95 in 2027.

Helium (HNT) Price Prediction 2028

After its experiences major downside, the price of HNT is expected to rebound in 2028. If this happens, the value of the token might surpass the high of 2024 and 2025. For a conservative price prediction, HNT could trade at $20.

Helium (HNT) Price Prediction 2029

In 2029, HNT might continue to increase. However, the growth might not be as much as it is expected to be in 2028. Thus, the price prediction for 2029 is $23.96.

Helium (HNT) Price Prediction 2030

By 2030, HNT might defy all odds and jump past the $20 region. In this instance, the market cap is expected to rise by 50% at minimum. Should this happen, the token might trade at $35.

Helium (HNT) Price Prediction 2040

The price prediction of HNT in 2040 could be $42. One of the reasons for this forecast could be linked to its fundamentals and demand for the token. By the said year, IoT is expected to be a very big industry, and this could drive higher demand for HNT and impact the price positively.

Helium (HNT) Price Prediction 2050

In 2050, HNT could try to hit its all-time high. However, it could face rejection as that point could serve as a crucial resistance. Thus, the price prediction could be $52.64 at the maximum.

Conclusion

In conclusion, it is important to note that investing in HNT might not automatically bring double-digits rewards. Furthermore, there are many factors affecting the price, some of which this article did not touch. Hence, it is in your best interest to scan through metrics, and indicators that could affect HNT in the short and long term.

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