Hyperliquid (HYPEUSD) Price Continues its Upward Trajectory

Hyperliquid Price Forecast: July 3

Hyperliquid (HYPEUSD) price is pumping up again as it continues its upward trajectory, suggesting a time to buy for coin traders. The coin price climbs steadily amid the ongoing market crash, rallying towards the $41.43 mark. Thus, if the coin investors prove harder and the price shows sustainability above the mentioned barrier, its upside could extend further to reach a $45.00 high level and beyond, amid market volatility.

Key Levels:
Resistance Levels: $38.00, $39.00, $40.00
Support Levels: $18.00, $17.00, $16.00

HYPEUSDT Long-term Trend: Bullish (Daily Chart)

The Hyperliquid pair is trending and continues its upward trajectory on the daily chart. Buyers are confident about gaining higher levels, confirming their high impact in the market at present.
The sustained bullish pressure at a $39.85 level in the previous session has made it easier for the crypto to maintain its bullish race and remain firm in an uptrend at its recent high.

After the accomplishment of yesterday’s low at $36.84, HYPEUSDT buyers pulled back the upward trajectory to a $38.87 resistance level above the EMA-50, triggering the bullish sentiment before it begins another retracement.

Hence, if the coin price increases above the $41.43 trend line, the $45.00 range might be revisited, hinting at a robust upward trajectory.

Additionally, the daily momentum suggests an increase and may continue its upward march and maintain its optimistic track.

Given this, if the Hyperliquid price continues its bullish trajectory in the long run, it may reach the $45.00 upper resistance level, which would be a suitable entry point for long investors.

HYPEUSDT Medium-term Trend: Bullish (4H chart)

The HYPEUSDT pair is bullish on the medium-term chart. The coin price is above the resistance trend lines, indicating that buyers are gaining more strength in the market.
This breakout triggers a smooth bull cycle pattern, leading the prices to an overhead trend line.

The bull’s increasing pressure to a $38.59 supply mark in the last session has made it easier for the token price to maintain its bullish race lately.

After the lows at $36.84, the Hyperliquid price rebounded to a $38.87 high level above the EMA-50 as the 4-hourly chart opens today, targeting the overhead resistance.

Thus, if the bulls breach the $45.77 peak barrier, the next resistance level to watch out for would be around the $46.00.

Notably, the daily stochastic is upward. Hence, if HYPEUSDT buyers break above the $45.77 barrier line, the market participants may witness a new recovery rally reaching the $46.00 upper resistance value as it continues its upward trajectory on the medium-term forecast.

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