Hyperliquid (HYPEUSD) Hints an Uptrend Continuation

Hyperliquid Price Forecast: June 26

Today, the HYPEUSD market value hint at an uptrend continuation as it rises above resistance levels amid soaring network activity. The entire market is up and headed for higher highs as investors turn overwhelmingly bullish on the asset, projecting a possible increase of 10% gain. Therefore, if the buying pressure persists, the coin price could surge to retest the $45.77 resistance level, extending to the $47.00 upper high mark, offering strong resistance to the crypto price.

Key Levels:
Resistance Levels: $38.00, $39.00, $40.00
Support Levels: $30.00, $29.00, $28.00

HYPEUSD Long-term Trend: Bullish (4H chart)

HYPEUSD pair hints at an uptrend continuation. The coin price is trending and gaining traction above the resistance trend levels, reaching a new high, indicating a bullish market trend in its long-term view.
However, the market is facing the upper resistance at the recent high. The flow from the bulls in the last session also added to this bullishness.

At the time of writing, Hyperliquid’s price is at a $38.28 resistance level above the EMA-50 as the 4-hourly session opens today indicating an uptrend as the bulls remain firm to continue the up north journey.

Therefore, maintaining above the EMA-50 suggests a high likelihood of a bullish correction. Thus, a strong breakup above the $45.77 peak supply level would strengthen the bullish pressure.

Additionally, the HYPEUSD price points upward on the daily signal, indicating a lovely bullish climb. As the crypto anticipates more growth in its longer time frame, the targeted $47.00 upper resistance level may soon be hit if the bulls break through the $45.77 previous high.

HYPEUSD Medium-term Trend: Bullish (1H chart)

The HYPEUSD pair depicts a beautiful bullish continuation as it rises above the resistance trend level for possible growth in the medium-term outlook.
The prices are progressing above the moving averages, suggesting buyers are gaining more strength in the market.

The high momentum by the bulls at the $36.73 supply value in the last session has enabled the crypto price to stay above the resistance trend line.

Today, the Hyperliquid price hints at an uptrend continuation and looks for more growth as it surges to a $38.28 resistance point above the moving average as the 1-hourly chart resumes, encouraging buyers to invest in the crypto, as possible future gains are certain.

Hence, the bullish correction at the mentioned resistance level indicates that the bulls are planning to strongly increase the price of HYPEUSD to a high level at the upsides, and the $47.00 supply trend line might be the target in the future in its medium-term outlook.

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