HNT approaches a 1-week high, whilst XMR ends a 2-week losing streak.
climbed for the first time in nearly two weeks.HNT was trading higher today, as bulls re-entered the market following a red wave that hit prices during Thursday’s session.
Following a low of $9.97 during yesterday’s session, HNT/USD raced to an intraday peak of $11.42 earlier in the day. The move sees HNT move back above its resistance level of $10, and it now looks to be heading for a seven-day peak at $11.90.As of writing, helium is currently trading around $11.16, as earlier bulls have vacated their position, instead choosing to secure gains.
Despite this, the current short-term momentum remains bullish, leading the 14-day RSI away from oversold levels. Currently the Relative Strength Index is trading at 55.31, which is marginally below a ceiling of 58.10, which seems to be the next target for bulls.
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