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Hyperliquid (HYPE) Price Prediction for August 11


by Parshwa Turakhiya
for CoinEdition
Hyperliquid (HYPE) Price Prediction for August 11

After rebounding from the August low of $35.53, HYPE price is consolidating at $43.57 ahead of August 11. The market faces a decisive resistance at $44.40, which aligns with the 0.618 Fibonacci retracement and a daily supply zone. Price action over the next 24 hours will depend on whether buyers can break this barrier and target $46.81 or if sellers regain control to force a retest of nearby supports.

What’s happening with Hyperliquid’s price?

On the daily timeframe, HYPE price today has broken above a descending trendline from the July high but remains capped by $44.40. Beyond this, the $46.81 (0.786 Fib) and $49.88 swing high are the next resistance levels. Support rests at $42.72 (0.5 Fib), $41.03 (0.382 Fib), and $38.48, the level of the last major Change of Character (CHoCH) in the Smart Money Concepts (SMC) chart. The Parabolic SAR on the daily sits at $36.41, marking a key invalidation zone for higher-timeframe longs. 

SMC analysis shows a weak high between $44.40 and $49.88, suggesting liquidity sits above these levels. A confirmed Break of Structure (…

The post Hyperliquid (HYPE) Price Prediction for August 11 appeared first on Coin Edition.

Read the article at CoinEdition

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XRP (XRP) Price Prediction for August 12

XRP (XRP) Price Prediction for August 12

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Bitcoin (BTC) Price Prediction for August 12

Bitcoin (BTC) Price Prediction for August 12

The Bitcoin price today is trading close to $121,964 after clearing the $118,803 barr...

Hyperliquid (HYPE) Price Prediction for August 11


by Parshwa Turakhiya
for CoinEdition
Hyperliquid (HYPE) Price Prediction for August 11

After rebounding from the August low of $35.53, HYPE price is consolidating at $43.57 ahead of August 11. The market faces a decisive resistance at $44.40, which aligns with the 0.618 Fibonacci retracement and a daily supply zone. Price action over the next 24 hours will depend on whether buyers can break this barrier and target $46.81 or if sellers regain control to force a retest of nearby supports.

What’s happening with Hyperliquid’s price?

On the daily timeframe, HYPE price today has broken above a descending trendline from the July high but remains capped by $44.40. Beyond this, the $46.81 (0.786 Fib) and $49.88 swing high are the next resistance levels. Support rests at $42.72 (0.5 Fib), $41.03 (0.382 Fib), and $38.48, the level of the last major Change of Character (CHoCH) in the Smart Money Concepts (SMC) chart. The Parabolic SAR on the daily sits at $36.41, marking a key invalidation zone for higher-timeframe longs. 

SMC analysis shows a weak high between $44.40 and $49.88, suggesting liquidity sits above these levels. A confirmed Break of Structure (…

The post Hyperliquid (HYPE) Price Prediction for August 11 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

XRP (XRP) Price Prediction for August 12

XRP (XRP) Price Prediction for August 12

The XRP price today is $3.277 after a steady rebound from last week’s pullback off th...
Bitcoin (BTC) Price Prediction for August 12

Bitcoin (BTC) Price Prediction for August 12

The Bitcoin price today is trading close to $121,964 after clearing the $118,803 barr...