Helium (HNT) price is up roughly 150% this year and its market capitalization recently reached the $1 billion market cap. The Chaikin Money Flow (CMF) has turned positive at 0.15, signaling strong buying pressure and supporting recent price gains.

If the golden cross forms as EMA lines suggest, HNT could test resistances at $6.5 and $7.2, but a reversal might lead to support levels at $6 or as low as $5.28.

HNT CMF Is Now Positive

HNT CMF has surged to 0.15 from -0.06 in just one day, signaling a significant shift toward positive buying pressure. The CMF, or Chaikin Money Flow, measures the flow of capital into or out of an asset over a specific period, with values above 0 indicating net inflows (buying dominance) and values below 0 reflecting net outflows (selling pressure).

This sharp rise highlights growing confidence among buyers, supporting HNT’s recent 5% price increase.

A CMF of 0.15 indicates strong bullish sentiment, suggesting that the current uptrend has solid backing from capital inflows. If the CMF continues rising, it could signal further upward momentum for HNT, potentially resulting in additional price gains.

Helium RSI Shows Potential For More Price Increase

Helium RSI has climbed to 58 from 46 in just one day, reflecting growing bullish momentum. The RSI, or Relative Strength Index, measures the speed and magnitude of price changes on a scale from 0 to 100.

Values above 70 signal overbought conditions and a potential for a correction, while values below 30 indicate oversold levels, often leading to a rebound. An RSI of 58 suggests that HNT is in a healthy uptrend without approaching overbought territory yet.

With the RSI still well below 70, HNT’s current uptrend has room to continue before hitting overbought levels. This leaves space for further price growth as buying momentum builds.

If the RSI continues its upward trend, HNT price could see additional gains in the short term, supported by its current bullish sentiment.

HNT Price Prediction: Can HNT Reach $7 Soon?

HNT EMA lines show the potential formation of a golden cross, where a short-term EMA crosses above a long-term EMA. This pattern is a bullish signal, often indicating the start of a sustained uptrend.

If the golden cross forms and momentum continues, Helium price could break through the $6.5 resistance level and potentially climb to $7.2, reinforcing its bullish trajectory and the recent $1 billion market cap milestone. This would also reinforce HNT in the top 10 ranking among DePIN (Decentralized Physical Infrastructure) coins.

However, if the current uptrend weakens and reverses, HNT price may face critical support levels.

The price could first test $6, and if that fails, it might drop to $5.57 or even $5.28.

President-elect Donald Trump reportedly interviewed Paul Atkins for the position of SEC Chair. Several reports claimed that Atkins is the current favorite for the role, boosting his prediction market odds.

Atkins previously served as the SEC Chair and pursued crypto advocacy in the private sector after his tenure concluded.

Paul Atkins: The Next SEC Chair?

According to a Bloomberg report, Trump is considering Atkins to be a leading candidate for this role. Since 2020, Atkins has been serving on the advisory board of the Chamber of Digital Commerce. He’s a known advocate for blockchain development and investments.

If selected, Atkins will replace Gary Gensler in late January once Trump takes office. The current SEC chair announced his impending resignation earlier this month while also defending his pessimistic perspective towards the crypto market.

“Atkins is someone who is not only crypto-savvy but possesses a deep understanding of the inner workings of the agency as both a former commissioner and staffer. Atkins is seen as being capable of establishing a pro-innovation agenda while returning the agency to a … standard many… feel was lost under… Gensler,” claimed Fox Business reporter Eleanor Terrett.

Donald Trump has sworn to support crypto through a sweeping plan of appointments and reforms in his upcoming administration. Although Trump plans to turn over much of the SEC’s jurisdiction over crypto to the CFTC, the SEC is nevertheless a vital component of crypto regulation. In this role, Atkins could significantly benefit the industry.

Terrett claimed that Atkins is currently the most likely candidate for the position, but this is not set in stone. Several other candidates, including those with SEC experience, are also in the funning. For example, “Crypto Mom” Hester Peirce is also a possible candidate, and she is a current SEC Commissioner under Gensler.

If nothing else, these rumors have proved credible in the past. As BeInCrypto reported earlier, Trump also nominated pro-crypto candidate Scott Bessent for the role of Treasury Secretary. If this buzz proves correct, Paul Atkins will lead a much friendlier SEC than Gensler’s.

Overall, it’s now becoming highly likely that the US will have a pro-crypto advocate as the SEC leader and its regulatory scrutiny of the industry will likely ease.

Recently, Ethereum (ETH) showed signs of falling below $3,000 but held firm as bulls defended the altcoin.

Now trading at $3,480, here’s what could be next for ETH.

Ethereum Still Has More Room to Grow

One metric that has consistently proven reliable for analyzing Ethereum is the Market Value to Realized Value (MVRV) ratio, a tool for assessing the profitability of holders and identifying potential market tops or bottoms. The MVRV ratio compares a cryptocurrency’s market value to its realized value, offering insights into whether the asset is overvalued or undervalued.

When the MVRV ratio rises, it indicates that more holders are in profit. However, if it climbs to an extreme high, it suggests the asset may be overvalued, increasing the risk of a price correction. Conversely, when the MVRV ratio declines, it points to reduced profitability.

If the ratio hits an extreme low, it signals undervaluation, which can present an attractive accumulation opportunity for investors. For ETH, the 30-day MVRV ratio has risen to 11.89%. However, this ratio is not close to the local top, which is usually around 18% and 22%. Therefore, this development suggests that Ethereum’s price.

Beyond the MVRV ratio, the Mean Dollar Invested Age (MDIA) also suggests that Ethereum may avoid a further price drop. MDIA measures the average age of all coins on a blockchain, weighted by their purchase price.

A rising MDIA indicates that coins are becoming more stagnant, reducing the likelihood of a significant price surge.

Conversely, a declining MDIA suggests that previously dormant coins are moving, signaling increased trading activity, which is the case with ETH. If this trend persists, it could boost Ethereum’s chances of a price rally.

ETH Price Prediction: $4,000 Could Be Coming

On the daily chart, Ethereum’s price has formed an inverse head-and-shoulders pattern. This pattern typically emerges after a prolonged downtrend, signaling a potential sellers’ exhaustion point.

The pattern comprises three key parts: the left shoulder, which marks the first uptrend; the head, signaling the end of the downtrend; and the right shoulder, indicating the rebound.

With ETH trending in an uptrend, the cryptocurrency is likely to rise toward $4,000 in the short term. On the other hand, if selling pressure rises, this might change, and ETH could decline to $3,206.