Hyperliquid (HYPEUSD) Looks Good at the $18.06 Resistance Mark

Hyperliquid Price Forecast: April 22

Hyperliquid (HYPEUSD) remains relatively stable and looks good at the $18.06 resistance as it faces the overhead trend levels amid the market uproar. The crypto might continue its upside if the current support at $17.29 holds and the 4-hourly chart closes above the $18.49 resistance level. A bullish breakout above the $18.49 high level will reflect the improved bullish market sentiment, leading the crypto price to the $20.00 upper supply trend level, signaling strong market optimism and potential for significant gains.

Key Levels:
Resistance Levels: $17.00, $18.00, $19.00
Support Levels: $11.00, $10.00, $9.00

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

The Hyperliquid pair looks good and remains stable at the upsides on the long-term chart. The coin price is above the moving average line, indicating an uptrend.
The bulls’ activity at the $17.73 supply level in the previous action has sustained the crypto above the supply trend line in its recent high.

The HYPEUSD price on the 4-hourly chart today looks good at the $18.06 resistance mark above the EMA-50. Further, the rising prices reclaimed more confirmation for a bullish recovery.

Hence, staying above the supply level indicates a strong possibility for a bullish correction.

Meanwhile, the market price of hyperliquid is pointing up on the stochastic level, suggesting that the selling pressure has reached exhaustion.

As a result, the expected upside in the token price could be high at $20.000 in the coming days in its long-term outlook.

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

The HYPEUSD pair depicts a beautiful bullish continuation and looks good at its recent value on the medium-term outlook. The price is progressing above the moving average, suggesting buyers are gaining more strength in the market.
The crypto price remains firm above the supply levels in its recent high due to an increasing order flow by the bulls.

The Hyperliquid price finds a reliable resistance at around the $18.06 mark above the EMA-50, resulting in intraday gains as the 1-hourly session resumes today.

Therefore, if the bulls increase their tension in the market, the price tendency might move above the key levels at $18.49, encouraging buyers to invest in the crypto, as possible future gains are certain.

Furthermore, HYPEUSD price is in an upward direction as indicated by the price indicator, implying a high possibility for bullish trend continuation.

As a result, the coin price might swing to the $18.49 supply level and extend to a $20.00 upper high level in the coming days in the medium-term outlook.

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