HNT

Helium ($HNT) is experiencing bullish momentum after forming a bullish double bottom pattern. It signals a potential upward move. The breakout above the $3.87 neckline confirms this bullish trend, with the price currently trading at $3.8777.
This pattern suggests that the downtrend is ending, and the price is ready to move higher.
Technical Indicators Support Bullish Momentum
Several technical indicators support the bullish trend for the HNT token. The Relative Strength Index (RSI) stands at 66.50, indicating that the asset is not yet overbought and may have room for further gains. An uptick in buying volume, as reflected in the Cumulative Volume Delta (CVD), suggests strong market participation.
Additionally, the Moving Average Convergence Divergence (MACD) line is above the signal line, pointing to continued positive growth. Open interest has also improved by 10.72% in the last 24 hours, indicating growing market participation and potential for higher short-term volatility and larger price swings. 

Wedge Pattern Hints at $15 Target for 2025
Beyond the immediate target of $5, HNT is consolidating within a wedge pattern—a bullish reversal pattern that often precedes strong breakouts. Currently, the price trades within this narrowing range, bounded by upper and lower trendlines.
Market analyst SolbergInvest suggests that a breakout from this wedge formation, particularly above the $4.7 resistance level, could propel HNT towards a $15 target in 2025. Such a move would require strong buying interest and continued upward momentum. 

Regulatory Clarity Boosts Investor Confidence
Adding to the positive sentiment, the U.S. Securities and Exchange Commission (SEC) recently dismissed a lawsuit against Nova Labs, the developer of the Helium network.
This dismissal with prejudice prevents the SEC from bringing similar charges against Helium in the future, removing a significant source of uncertainty and enhancing investor confidence. The resolution of this legal hurdle is a major victory for the project and the broader decentralized wireless network ecosystem.
#Helium #HNT #BullishMomentum #CryptoNews #TheCoinRepublic

**Disclaimer**: The information in this article is provided for general informational purposes only. The cryptocurrency market is highly volatile and investing in digital assets involves significant risks. Before making any investment decisions, it is crucial to conduct your own research and consult a qualified financial advisor. 📝

The crypto world has witnessed an exciting turn of events as a Solana (SOL)-based decentralized wireless network crypto project, Helium (HNT), is experiencing a remarkable upswing. This comes hot on the heels of the U.S. Securities and Exchange Commission (SEC) dropping its lawsuit against the protocol. 🌟

**The SEC's Reversal and Helium's Announcement** 📜📰
The development team behind Helium took to the social networking site X to share the great news. They announced that the regulatory body, the SEC, has dismissed its case against the crypto platform. The SEC's initial lawsuit had alleged that Helium had violated securities regulations. This dismissal is a huge relief for the Helium community. 🎉

**The Settlement Details** 💰🤝
Press reports have revealed that Helium's maker, Nova Labs, agreed to pay the SEC $200,000 to resolve the allegation. The interesting part is that Nova Labs did this without admitting to any wrongdoing. This settlement has paved the way for Helium to move forward without the overhanging legal cloud. 💸

**HNT's Price Reaction** 📈💹
The news of the lawsuit dismissal sent HNT on a wild ride. The token skyrocketed from a low of $2.62 on April 10th to a high of $3.03 just one day later. Although it has retraced a bit since then, it is still trading at $2.96, marking a 9.9% increase over the last 24 hours. This price surge clearly shows the market's positive sentiment towards Helium now that the legal uncertainty has been lifted. 🚀📊

**The SEC's Initial Allegation** 🚫📜
Back in January, the SEC had brought a complaint against Nova Labs, accusing them of marketing unregistered securities. This had cast a shadow over Helium's operations and growth potential. But now, with the SEC's decision to drop the charges, things are looking much brighter. 😎

**Helium's Take on the Outcome** 🌈💡
Helium, in a recent blog post, hails the dismissal of the lawsuit as a "landmark outcome" for the digital assets sector and DePIN (Decentralized Physical Infrastructure Networks). They believe that this result is a game - changer, as it removes legal ambiguity for DePIN initiatives that use crypto incentives to build real - world infrastructure. This not only benefits Helium but also has far - reaching implications for the entire crypto industry. 🚀🌐

**The Broader Significance** 🌍💪
The outcome of this case is significant as it sets a precedent. The rejection of the unregistered securities allegations with prejudice indicates that, in the eyes of the SEC, selling hardware and distributing tokens for network expansion does not necessarily make them securities. This could open the door for other similar projects in the crypto space to operate with more confidence. 🤝

#HNT #btcreboundback #SECGuidances #WhaleMovements #TariffsPause،

Hey Binance Fam,
Let's talk Helium (HNT)! 👀
Looking at the 3D timeframe, we're seeing some interesting action around a key support level. This strong support zone has held up so far, which is a bullish sign for HNT.
What does this mean for you?
If you're still bullish on Helium and believe in its long-term potential, this could be a great entry point to grab some HNT at a potentially discounted price.
Here's the strategy:
* Buy Zone: If you're feeling confident, consider buying HNT now that it's testing this support level.
* Target: Aim for a minimum 20% profit target.
Why is this support level so important?
* Historical Significance: This level has held up in the past, showing its strength as a support zone.
* Psychological Impact: When a support level holds, it can boost market sentiment and attract more buyers.
Important Note:
* Risk Management is Key: Always remember to manage your risk by setting stop-loss orders to limit potential losses.
* Do Your Own Research: This is just one perspective, so always do your own research and make informed decisions.
Let's Go Helium!
What are your thoughts on HNT? Are you bullish or bearish? Let us know in the comments below!
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#HNT #Helium #Binance #Crypto #Trading

Dogwifhat, Helium, Core, and Pepe have emerged as the top gainers in the crypto market over the past week. Each token experienced a price surge exceeding 40%.
Dogwifhat
Dogwifhat 
WIF7.13%dogwifhat is up over 50% for the past seven days, exchanging hands at $2.56 at the time of writing.
The crypto assets had a daily trading volume of $311 million, while its market cap had surpassed the 2.55 billion mark per data from CoinMarketCap

WIF price chart | Source: CoinMarketCap
Despite lacking any clear utility, WIF — the dog-themed meme coin based on Solana — has become one of 2024’s top-performing meme coins.
Its website humorously notes that it is “literally just a dog wif a hat.”
The WIF token has outperformed other well-known meme coins like Shiba Inu and Pepe Coin in terms of price gains. In March, supporters swiftly funded a campaign to project the Dogwifhat image onto the Las Vegas Sphere, surpassing their fundraising target within days.
Helium
Helium 
HNT-2.75%Helium, a blockchain network aimed at the Internet of Things (IoT), surged by 47.8% over the past week and is now trading at $4.70.
With a market cap of about $756 million, Helium ranks 92nd in global cryptocurrency rankings by market cap, as reported by CoinMarketCap, and has a trading volume of approximately $8.6 million.

HNT price chart | Source: CoinMarketCap
Helium is a pioneering blockchain network designed to enable wireless communication for IoT devices globally.
Created by Helium Inc., which was established in 2013, this network offers a decentralized, cost-effective, and scalable connectivity solution.
Rather than depending on centralized infrastructure like traditional telecom services, Helium’s unique approach allows individuals to become network hosts by running Hotspots—specialized hardware devices that offer coverage and transmit data for IoT devices.
In exchange for their participation, hosts receive Helium tokens (HNT), thereby encouraging the expansion and density of the network.
Core
Core 
CORE-0.54%Core saw a 47% increase over the past seven days. According to price data from crypto.news, CORE is currently priced at $1.64, with a 62.9% rise in daily trading volume to around $115 million.

CORE price chart | Source: TradingView
Currently, CORE’s market capitalization is valued at $1.47 billion. Despite the recent upswing, the token’s price is still 75% lower than its all-time high of $6.47, recorded on Feb. 8.
Core operates as a decentralized digital payment system on its dedicated blockchain network. It employs a proof-of-work protocol to validate transactions and to mine new coins. The cryptocurrency is designed with a focus on privacy, supporting anonymous transactions through sophisticated cryptographic methods.
As an open-source project, Core’s development is supported by a worldwide community of volunteer developers.
This digital asset is used for direct peer-to-peer transactions, is stored in crypto wallets, and is available for trading across various digital asset exchanges.
You might also like:SOL, ZK, BRETT: Top cryptocurrencies to watch this week
Pepe
 
PEPE0.55%Pepe rose 40% over the past day, trading at $0.000012 at press time. Its daily trading volume hovers at around $614 million over the last 24 hours.
The PEPE market cap stands at $5.16 billion, ranking it as the 22nd largest cryptocurrency.

PEPE price chart | Source: TradingView
Pepe, an Ethereum-based token that debuted on April 15, draws inspiration from the popular meme culture. It aims to capitalize on the meme coin trend, leveraging the widespread recognition of its amphibian mascot. This approach has resonated well with traders and investors, elevating the token’s profile in the cryptocurrency market.
Designed as a deflationary token with no tax implications for transactions, Pepe seeks to carve out a significant position among established meme coins like Shiba Inu and Dogecoin. The token’s association with the well-known “Pepe the Frog” meme is central to its strategy to attract a broader user base.
Bitcoin climbs 12% in strong recovery
The overall surge in these altcoins followed Bitcoin’s (BTC) 12% rise over the past week, reaching $67,180 on Sunday. Bitcoin’s 24-hour lows and highs were $66,640 and $67,567, respectively.
Yesterday, the world’s largest cryptocurrency attempted to breach the $68,000 mark but faced resistance, leading to a premature halt in the rally by bearish traders.
Despite this setback, BTC’s strong performance over the week has positively influenced the broader cryptocurrency market sentiment. The sentiment has shifted from Fear to Greed, with the Greed index rising sharply to 74, a significant increase from last week’s score of 33.
Meanwhile, the global cryptocurrency market cap also witnessed a 1.42% increase over the last day, elevating to a total of $2.43 trillion.

#pepe #wif #core #hnt #btc

In the derivatives market, sales continue to exceed purchases. This is evidenced by the drop in the take-buy-sell ratio, also known as the long/short ratio, to 0.963. When this ratio falls below the threshold of 1, it indicates increased selling pressure over a period of time (usually 24 hours). A ratio above 1 indicates increased buying pressure in the derivatives market.

While oversold volume has increased over the past few weeks, the number of open derivatives contracts has decreased by 19.80% on an open interest ratio basis, to $4.96 million.
The spot market has also seen a slight change in sentiment, with net flows on the exchange being negative over the past two days. Simply put, this means that traders are moving assets into private wallets for long-term storage. When this indicator is positive, it indicates active selling.
Over the past two days, about $250,000 has been withdrawn from the exchange ($119,480 the day before and $135,520 in the past 24 hours).
However, sentiment has been upbeat lately. While this may provide insight, a broader look at the situation using weekly data shows that sellers are maintaining their dominance.
As a result, traders in the #HNT market have good reason to be cautious.
The price chart shows that the HNT price is moving along the downtrend line. If the selling pressure intensifies at this level, the price of HNT may fall to the 2024 low of 2.85 USD, which was set on June 18, and may fall further depending on the market movement.
However, this fall depends on the support level. However, this decline depends on the support level of USD 3,315. If this level holds, it will serve as an airbag and prevent further decline. Given that the altcoin's funding rate is currently positive at 0.0176%, this indicates continued buying sentiment.
Next: mantle price forecast [MNT] - should we take advantage of a price bounce above $1 to open a short position?
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Olayiwola Dolapo
Dolapo, who lost his DOGE token due to a lack of understanding of #blockchain technology, is working on an extensive He vowed to understand and explore this potential.
Read us at: Compass Investments