Hyperliquid Price Prediction: Can HYPE Break $50 Resistance?
- HYPE forms recovery channel, testing key resistance near $50 for next breakout move.
- Golden-cross EMA alignment suggests short-term bullish momentum is strengthening.
- Elevated open interest and $4M net inflows highlight renewed investor accumulation.
Hyperliquid (HYPE) has shown renewed strength in recent sessions, with technical signals and on-chain flows pointing toward growing bullish momentum. After correcting sharply from the $56 region to a low near $40, the asset has managed to form a recovery channel. This uptrend is now being tested at a key resistance level near $50, where price action and market positioning will determine the next leg forward.
Price Structure and Key Technical Levels
The asset is currently trading above its major exponential moving averages, with the 20 EMA at $47.00 and the 200 EMA near $48.14. This alignment resembles a golden-cross…
Read The Full Article Hyperliquid Price Prediction: Can HYPE Break $50 Resistance? On Coin Edition.
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Hyperliquid Price Prediction: Can HYPE Break $50 Resistance?
- HYPE forms recovery channel, testing key resistance near $50 for next breakout move.
- Golden-cross EMA alignment suggests short-term bullish momentum is strengthening.
- Elevated open interest and $4M net inflows highlight renewed investor accumulation.
Hyperliquid (HYPE) has shown renewed strength in recent sessions, with technical signals and on-chain flows pointing toward growing bullish momentum. After correcting sharply from the $56 region to a low near $40, the asset has managed to form a recovery channel. This uptrend is now being tested at a key resistance level near $50, where price action and market positioning will determine the next leg forward.
Price Structure and Key Technical Levels
The asset is currently trading above its major exponential moving averages, with the 20 EMA at $47.00 and the 200 EMA near $48.14. This alignment resembles a golden-cross…
Read The Full Article Hyperliquid Price Prediction: Can HYPE Break $50 Resistance? On Coin Edition.
Read More
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