Hyperliquid (HYPEUSD) Price at Possible Buying Opportunity

Hyperliquid Price Forecast: June 12

The Hyperliquid (HYPEUSD) price today presents a potential buying opportunity and remains stable on the upside, indicating increased investor interest. However, the coin price will likely continue its bullish run and could still go higher if the bulls can break up the $42.73 high level. Then, we can expect an upside momentum to the $43.00 upper supply value, resulting in an intraday gain and a potential buy signal for the coin holders.

Key Levels:
Resistance Levels: $40.00, $41.00, $42.00
Support Levels: $30.00, $29.00, $28.00

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

On higher time frames, the HYPEUSD pair is at a possible buying opportunity, displaying a high momentum bullish rally. The coin trades and faces the upper resistance channel, suggesting another means to buy the asset and a turnaround for coin buyers.
The bulls’ high order flow, which reached a $39.15 resistance level in the last session, has contributed to the coin’s strength and its recent high.

Just like usual, Hyperliquid buyers made a strong push from the $40.11 high mark to the $41.40 supply value above the EMA-50 shortly after the 4-hourly chart begins today, confirming a bullish breakout and a buy continuation.

Hence, if the price surge persists, the crypto price is expected to test the previous resistance zone and aim at the $42.73 target.

Furthermore, a bullish continuation is likely as indicated by the price indicator, projecting an upward move.

In light of this, the bullish trend may continue to hit the $43.00 upper resistance trend line soon as well as a potential buy signal in its long-term view.

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

The cryptocurrency continues the upward move in its medium-term perspective. The Hyperliquid price is undeniably trading above the moving averages at possible buying opportunity. So, let’s sit back and watch the bulls take us higher.
The sustained bullish pressure to a $39.94 level in the previous action has led to the coin’s strong resistance.

The market price of HYPEUSD increases significantly to a $41.58 high level above the moving averages as the -hourly session opens, signaling a potential buy signal or opportunity for the coin traders.

The coin has recently experienced a price surge and may swing and break its expected target at $43.98, the peak barrier level, strengthening investors’ confidence in the asset.

Meanwhile, buyers are seen clustered around the market as indicated by the momentum indicator pointing upwards, implying that buyers will still be in control of the Hyperliquid market, leading the price to the $44.00 resistance level soon in its medium-term view.

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