Yesterday the price of Helium crypto rocketed up by 29% to $5.71 before harshly correcting back down to $4.68.
It could be said that this particular move was another 'Buy the rumor sell the news' event following a very huge partnership.
Will HNT crypto recover? HNT is available to buy on Binance.
Cryptoassets are a highly volatile unregulated investment product.
Helium (HNT) Crypto Price Prediction
As the relative strength index exceeded 70, traders promptly pulled out their Helium positions on exchanges causing the price to plummet.
News in relation to a T-mobile partnership was the core reason to the Helium crypto pump, whilst long-term this is a fantastic business initiation the short-term price action is looking rather gloomy.
It was just less than 24 hours ago the official @Helium Twitter page announced the partnership, and already the Helium (HNT) price has corrected by a painful 20% since the announcement.
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