Helium (HNT) has seen a significant increase in price, with its market capitalization reaching $1 billion. The Chaikin Money Flow (CMF) has turned positive, indicating strong buying pressure and supporting recent price gains. If the golden cross forms, HNT could potentially reach resistances at $6.5 and $7.2. On the other hand, if there is a reversal, support levels at $6 or even as low as $5.28 may be tested. The surge in CMF and the rise in RSI reflect growing confidence among buyers and bullish momentum. The EMA lines suggest the potential formation of a golden cross, which would be a bullish signal. If this occurs and momentum continues, HNT could break through resistance levels and reach the $1 billion market cap milestone. However, if the uptrend weakens, the price may face critical support levels.
- Content Editor ( beincrypto.com )
- 2024-11-27
Helium (HNT) Surges Back to $1 Billion Market Cap