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Helium (<a href="https://crypto.news/price/helium/">HNT</a>) has emerged as the top gainer among the top 100 cryptocurrencies while a key indicator suggests a price cooldown. 
HNT is up by 19% in the past 24 hours and is trading at $8.14 at the time of writing. The asset’s market cap rose to $1.16 billion, making it the 61st-largest cryptocurrency. Helium’s daily <a href="https://crypto.news/glossary/volume-in-crypto-trading/">trading volume</a> increased by roughly $12 million, reaching $46 million. 
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 <img loading="lazy" decoding="async" width="1024" height="347" src="https://crypto.news/app/uploads/2023/12/Helium-HNT-11.30.34-18-Dec-2023-1024x347.png" alt="HNT surges 19%, price cooldown expected - 28" class="wp-image-14228604">
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 HNT price, open interest, social volume, RSI, and MOBILE price – Dec. 18 | Source: Santiment
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According to data provided by the market intelligence platform Santiment, Helium’s Relative Strength Index (RSI) currently stands at 81.55 — suggesting the possibility of a price cooldown. For HNT to gain further bullish momentum, the asset’s RSI needs to stay below the 65 mark. 
 You might also like: <a href="https://crypto.news/sec-lawmakers-coinbase-gaslighting-cryptocurrency/"> SEC chair, lawmakers are ‘gaslighting,’ CryptoLaw founder says </a> 
Moreover, Helium’s social volume has also been declining since Dec. 15. Per Santiment, the social activity around the crypto asset dropped by 27% over the past 24 hours. 
According to the market intelligence platform, HNT’s total open interest (OI) dropped by around $280,000 over the past day — currently standing at $3.69 million. Helium’s total OI took a deep dive from a local high of $5.8 million to $2.5 million between Dec. 10 and Dec. 13.&nbsp; 
The recent upward momentum shows that investors have been trying to accumulate the asset until further price movements.&nbsp; 
According to data provided by CoinGecko, HNT’s sister coin, Helium Mobile (MOBILE), also became the top gainer among the top 300 cryptocurrencies. MOBILE <a href="https://crypto.news/helium-mobile-hnt-tokens-rally-as-market-rebounds/">recorded</a> a 98% rally in the past 24 hours and is trading at $0.0069 at the reporting time.&nbsp; 
One of the key price drivers of HNT and MOBILE could be Nova Labs’ monthly data plan <a href="https://crypto.news/nova-labs-launches-nationwide-blockchain-based-mobile-plan/">launch</a> in the U.S. 
 Read more: <a href="https://crypto.news/top-cryptocurrencies-to-watch-this-week-xrp-ada-shib/"> Top cryptocurrencies to watch this week: XRP, ADA, SHIB </a>

HNT surges 19%, price cooldown expected

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