Helium IOT (IOT) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Helium IOT price prediction, the price of Helium IOT is predicted to rise by 228.07% and reach $ 0.003948 by October 12, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 31 (Fear). Helium IOT recorded 18/30 (60%) green days with 21.19% price volatility over the last 30 days. Based on the Helium IOT forecast, it's now a good time to buy Helium IOT.

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Based on the historical price movements of Helium IOT and the BTC halving cycles, the yearly low Helium IOT price prediction for 2025 is estimated at $ 0.001204. Meanwhile, the price of Helium IOT is predicted to reach as high as $ 0.005687 next year. Using the same basis, here is the Helium IOT price prediction for each year up until 2030.

Helium IOT price prediction 2025

The Helium IOT price prediction for 2025 is currently between $ 0.001204 on the lower end and $ 0.005687 on the high end. Compared to today’s price, Helium IOT could gain 372.55% by 2025 if IOT reaches the upper price target.

Helium IOT price prediction 2030

The Helium IOT price prediction for 2030 is currently between $ 0.003035 on the lower end and $ 0.00492 on the high end. Compared to today’s price, Helium IOT could gain 308.84% by 2030 if it reaches the upper price target.

Helium IOT's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, Helium IOT's 200-day SMA will rise in the next month and will hit $ 0.001252 by Oct 12, 2024. Helium IOT's short-term 50-Day SMA is estimated to hit $ 0.001882 by Oct 12, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 52.95, which indicates that the IOT market is in a neutral position.

Popular IOT Moving Averages and Oscillators for Fri, Sep 13, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Helium IOT Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Helium IOT Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.001273, Helium IOT has support levels of $ 0.001133, $ 0.001064, and the strongest at $ 0.000924. Similarly, Helium IOT resistance levels are at $ 0.001343, $ 0.001483, and $ 0.001553.

Helium IOT Correlation

Over the past 7 days, Helium IOT price was most positively correlated with the price of and most negatively correlated with the price of .

Helium IOT price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Helium IOT indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Helium IOT, a move in one direction for Helium IOT would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Helium IOT price in the future, it’s helpful to also explore Helium IOT’s price history. In the last month, the IOT/USD pair is down .

How to read and predict Helium IOT price movements?

Helium IOT traders use a variety of tools to try and determine the direction in which the IOT market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Helium IOT price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Helium IOT Price Prediction Indicators

Moving averages are among the most popular Helium IOT price prediction tools. As the name suggests, a moving average provides the average closing price for IOT over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for IOT is a sum of IOT’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the IOT price moves above any of these averages, it is generally seen as a bullish sign for Helium IOT. Conversely, a drop below an important moving average is usually a sign of weakness in the IOT market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the IOT price.

How to read Helium IOT charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Helium IOT with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Helium IOT’s price action in 1-hour chunks. Each candlestick will display IOT’s opening price, closing price, as well as the highest and lowest prices that Helium IOT reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Helium IOT?

Just like with any other asset, the price action of Helium IOT is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of IOT. The market capitalization of Helium IOT can change significantly in a short period of time.

When trying to make a Helium IOT forecast, many traders also try to monitor the activity of IOT “whales”, which are entities and individuals that control large amounts of IOT. Since the Helium IOT market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Helium IOT’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.