Hyperliquid (HYPEUSD) Looks for More Growth

Hyperliquid Price Forecast: April 10

Hyperliquid (HYPEUSD) remains relatively stable and looks for more growth at the $12.32 resistance mark as the coin investors explore staking amid the market uproar. The crypto might continue going upside if the current support at $11.00 value holds and the 4-hourly chart closes above the $16.07 resistance level. Then, there is a high probability of the price going up to its recent swing high at the $17.19 trend line, signaling strong market optimism and potential for significant gains.

Key Levels:
Resistance Levels: $20.00, $21.00, $22.00
Support Levels: $11.00, $10.00, $9.00

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

The Hyperliquid pair looks for more growth as it remains bullish in its higher time frame. The coin price is slightly above the moving average line, indicating an uptrend.
The bullish reversal at the $12.24 high value in the previous action has sustained the crypto above the supply trend line in its recent high.

As a result of price rejection in the previous action, the HYPEUSD pair looks for more growth as buyers pushed the token price to a high of $12.26 above the EMA-50 shortly after the 4-hourly session opens today’s value as it journeys up north.

Therefore, a 4-hour candle closing and an upward breakout over the $17.19 barrier will give buyers a strong foundation to drive the crypto price higher, providing coin buyers with an excellent entry opportunity.

Next, the daily indicator pointing upward suggests a bullish trend as it looks for more growth. The price might surge to reach a $17.19 supply value and beyond in the upcoming days in its long-term outlook.

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

The HYPEUSD pair depicts a beautiful bullish continuation and looks good for more growth possible in the medium-term outlook.
The price is progressing above the moving averages, suggesting buyers are gaining more strength in the market.

The high momentum by the bulls at the $11.36 supply value in the last session has enabled the crypto price to stay strong above the resistance line.

Today, the Hyperliquid price looks for more growth as it rises to a $12.24 supply value above the moving average as the 1-hourly chart resumes, encouraging buyers to invest in the crypto, as possible future gains are certain.

Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the HYPEUSD price above the $12.80 previous high, the resulting rally may surpass the $14.00 level and hit the $17.19 psychological level at the upside in the day ahead in its medium-term perspective.

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