Hyperliquid (HYPEUSD) Poised for More Growth

Hyperliquid Price Forecast: June 24

Hyperliquid (HYPEUSD) price is poised for growth as investors explore staking amid a new market uproar.   The crypto price is attempting its next upward rally. Therefore, if all support levels hold and resistance breaks out of the $45.77 prior barrier level, the coin price may swing to the $47.00 upper resistance level, resulting in an intraday gain for coin holders.

Key Levels:
Resistance Levels: $39.00, $40.00, $41.00
Support Levels: $19.00, $18.00, $17.00

HYPEUSD Long-term Trend: Bullish (Daily Chart)

The Hyperliquid pair anticipates more growth as it continues its bullish correction on the higher time frame. Prices are traded above the EMA-50, indicating a bullish correction.
The order flow from bulls at the $35.72 supply value in the last session also added to its bullishness in recent times. Meanwhile, the HYPEUSD price could rise further as the bulls remain dominant.

The Hyperliquid market anticipates further growth as the price action moves upward to a $36.16 mark above the resistance as the daily chart resumes, indicating that buyers are defending this level and attempting to push the price higher.

Hence, a strong push above the $45.77 supply will offer strong resistance to the crypto price, drawing more buyers.

In addition, the daily stochastic shows that the market is heading upward, implying that the price will continue to rise as it begins its positive corrective.

As a result, from a long-term view, the bulls will push the price of HYPEUSD higher and may reach the supply value of $47.00 in the next few days.

HYPEUSD Medium-term Trend: Bearish (4H Chart)

The HYPEUSD pair anticipates more growth as it begins its bullish correction in the medium-term view. The price is below the moving average, suggesting a bearish trend.
The price of the cryptocurrency has fallen below the supply trend lines as a result of the bears’ pressure, which brought it to a low of $31.60 in the last few hours.

As it is, the coin price will rise further as a new correction has started below the supply level to push the coin market upward.

The Hyperliquid price responded to the shift in market structure as it began its bullish correction at the $36.16 resistance below the moving averages on the 4-hourly chart today.

The cryptocurrency has the potential to rise further and retest the $44.79 prior barrier as it commences its bullish corrective, providing vigorous resistance to the crypto price, provided there is significant buying pressure and optimistic market sentiment.

Additionally, the daily stochastic suggests an uptrend, indicating that the HYPEUSD price anticipates more growth as it begins the bullish correction which will allow the bulls to continue the current rally and may soon result in the $47.00 upper resistance trend line in the long-term forecast.

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