Hyperliquid (HYPE) and Helium (HNT) have seen notable gains recently. The focus now shifts to whether these digital assets can maintain their upward momentum. Market enthusiasts are eagerly watching to see if these coins will continue to rise. Dive into the following analysis to uncover whether these emerging leaders will sustain their growth. Hyperliquid HYPE: Monthly Downturn and 6-Month Bounce Within an Active Range HYPE dropped 19.32% over the last month while recovering 21.82% in the past six months. A one-week loss of 6.29% highlights recent short-term weakness despite the medium-term upward trend. Price movements during these periods reveal volatility, showcasing both the coin's challenges and its capacity to rebound, reflecting a balance between bearish pressure and underlying strength. Price currently trades between $9.68 and $18.70. Immediate resistance lies at $24.40 with support at $6.38 and a second resistance at $33.41. Bearish signals from momentum and oscillator indicators contrast with an RSI nearing neutral levels. Traders may look to capitalize on movements within these ranges while carefully watching for breakout cues. Helium Prices Under Pressure: Key Levels Spark Trading Insights Helium has faced a significant decline over the past six months, dropping nearly 60%, while the last month saw a further decrease of about 10%. The price trend has shown a consistent downward movement, contributing to reduced investor confidence and lower trading volumes. The overall bearish sentiment has persisted, making it challenging for prices to recover momentum. Current trading levels show Helium nestled between a support of approximately $1.55 and a resistance around $4.38, with a trading range between $2.30 and $3.71. Bears are firmly in control, as negative momentum is present and the RSI hovers near 41, indicating a lack of upward movement. Traders may consider short positions, looking to buy near the support level and taking profits as prices approach the resistance. Conclusion Hyperliquid (HYPE) and Helium (HNT) have shown notable gains recently. If they maintain momentum, further growth is possible. HYPE benefits from increased trading interest, while HNT focuses on expanding its network. Investors might observe performance closely to gauge future trends. The coming days will be crucial in determining if these tokens can sustain their progress. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
