Hyperliquid (HYPEUSD) Price Anticipates Further Growth

Hyperliquid Price Forecast: March 4

Hyperliquid (HYPEUSD) price is growing again and anticipates further growth and an opportunity for long investors as it trends towards overhead resistance, suggesting the bulls are making a recovery attempt. If the current support at $18.22 value holds, and the 4-hourly chart closes above the $26.94 resistance level, the crypto price might extend to reach the $30.00 upper resistance level, resulting in an intraday gain for coin buyers.

Key Levels:
Resistance Levels: $24.00, $25.00, $26.00
Support Levels: $17.00, $16.00, $15.00

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

As an outcome of low bullish momentum, the HYPEUSD is bearish. The coin price anticipates further growth as it begins its bullish rally but is yet to reach its goal in the long-term outlook.
The price bar is trending below the moving averages, suggesting a bearish momentum due to the high impact of the short-term traders in the price flow.

The bearish pressure at the $18.82 support level in the last session has made the coin price stay below the supply trend levels in its recent high.

The Hyperliquid pair anticipates further growth, and a break out is imminent as the coin begins fresh movement toward the resistance levels at $20.81 below the EMA-50, indicating that the bulls are returning gradually for an increase and to command the HYPEUSD’s price actions.

Thus, the token price will grow further if the buy traders could add more pressure to their buying actions in the market; the $26.94 prior peak level might be retested.

Further, the daily stochastic indicates an uptrend; in this case, the price of Hyperliquid might continue its bullish trend pattern and the price could grow further to reach the $30.00 supply mark in the days ahead in its long-term outlook.

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

The HYPEUSD pair is trying to resist sellers as it anticipates further growth and remains bullish on the short-term outlook. The coin is trading above the EMA-50, indicating a bullish trend.
However, the market is presently facing the upper resistance at the recent high due to the returns and high order flow of the bulls.

The price action at the $19.90 resistance level in the past few hours has enabled the crypto price to remain in an upward trend zone in its recent high.

The Hyperliquid price anticipates further growth as it increases to the $20.81 supply value above the EMA-50, suggesting the returns of the buy traders.

The market participants are responding to this pattern, and its breakout could lead the token price to hit the $21.11 high point, offering a good entry opportunity for coin traders.

Meanwhile, further upsides are likely as the price signal is pointing upwards; implying that the upward rally might continue to break the $21.08 resistance value and extend to meet the $30.00 supply value in the coming days in the short-term perspective.

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