The Helium crypto price is going through a lot of changes right now. This is why you need to understand the volatility of the asset. Also, you need to know about the safety of this asset. It will help you to see how it compares with other crypto assets. You can also learn about the future price predictions.
Historical return volatility
The historical return volatility of Helium crypto price is a statistical measure of the dispersion of returns over a specified time period. It also provides an estimate of short-term fluctuations.
While many cryptocurrencies are speculative, there are a number of underlying factors that drive the Helium price. These factors include supply, demand, regulation, real-world events, and investor sentiments.
When buying Helium, it is essential to know how much risk is involved. A number of secondary risk indicators can help investors to assess this risk, and they can also be used to hedge existing portfolios.
The value of the asset can change significantly from one moment to the next. This can add stress to investors, and there are also important support and resistance levels for Helium.
Many traders pay close attention to the Helium price crossing the 200-day SMA. As such, this indicator is a popular tool for predicting the long-term trend of the market.
Another key indicator is the standard deviation of the Helium Crypto Coin. It is calculated using variance and beta. Standard deviation is a measure of how far prices move from average. If the price is moving away from the mean, it is considered a bearish signal. On the other hand, if the price is moving towards the mean, it is considered a bullish signal.
Future price predictions
The market for Helium crypto has been turbulent. Although there have been a few positive catalysts, such as the launch of the iPhone 14, the price has fallen nearly 80% from the November high. However, it is not impossible for this cryptocurrency to recover.
One of the most popular technical indicators is the Relative Strength Index. It is a tool that tells you whether the cryptocurrency you are interested in is overbought or oversold.
Another common indicator is the moving average. The moving average provides the average closing price for HNT in a certain time period.
Some of the most commonly used candlestick charts are the 1-hour, 4-hour and 1-day charts. Candlestick charts give traders more information than a line chart does.
A weekly candlestick chart represents long-term trends. There are several other charts that give more granularity of information.
An exponential moving average is a chart that reacts more quickly to recent price action. This is also one of the most popular Helium (HNT) price prediction tools.
To make a forecast, you need to take into account a number of factors. These include the cryptocurrency’s legal position, new technological solutions and announcements.
Using the Relative Strength Index, you can determine how much of the coin is currently oversold. Once you have found that level, you can buy or sell it.
Safety compared to other crypto assets
As the name suggests, the Safety is a decentralized peer to peer digital currency that makes use of a cryptographic protocol to secure transactions and remit payments. The technology is touted as the next step in the crypto evolution, albeit a slow one at that. Its market capitalization is still tiny compared to the government bonds of yore. Nevertheless, it is well on its way to becoming a mainstream participant in the finance world.
Safety is not for everyone, however. Investing in the product is fraught with risks. Aside from the myriad cryptographic hazards, a number of cryptocurrency startups have folded or scuttled over the past few years. If you want to be a crypto millionaire, a savvy investment plan is required. Although there are no guarantees that a given Safety will outlive you, your plight is more than likely to be rewarded with a hefty premium.