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Helium (HNT) Falters 15% As Crypto Market Tries To Bounce Back

NewsBTC LogoNewsBTC11h ago

Helium (HNT) Falters 15% As Crypto Market Tries To Bounce Back - NewsBTC

Quick Summary:

It also ensures that the average retail user will have exposure to the Helium network, possibly adding on the growing number of users of the platform’s mobile arm.  The carrier offload program caters to 130,274 subscribers from three different network providers with over 122 TB of data routed to the Helium network, figures that will continue to grow as the Ameriband partnership takes effect.  Rising Correlation With The Market Leaves Gains Behind For HNT HNT bulls are in the middle of an attempt to retest the current $6.79 resistance level.

According to Helium’s recent blog post, the partnership will bring 100,000+ data-only hotspots around the US, expanding the network’s coverage over the country overnight.  Exciting News for Helium Mobile Users! 👏 Ameriband today announced its partnership with @helium_mobile to add 100,000+ Data-Only Hotspots to the Helium Network in the next few months across the US.

As of writing, HNT is still on the down-low with the token possibly taking another dive toward $6.23 in the coming days or weeks.  The relative strength index (RSI), however, is hinting at a possible bullish reversal within this week or the coming week.  Related Reading: Cardano Surges In Strength—Now 10x More Powerful, Analyst Says However, the rising market correlation with the broader market might endanger the token’s bullish momentum that is currently building up.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-11 @ 16:30:53 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 66 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22999488

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #102

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