Hyperliquid (HYPEUSD) Price Could Increase More

Hyperliquid Price Forecast: March 18

Hyperliquid (HYPEUSD) price is growing again to see another increase as it faces resistance trend levels. The coin price might grow: an opportunity for long-term investors. However, if the support at $12.81 value holds and the bulls could surge above the prior $25.46 high mark, there is a high probability of the price extending to the $26.00 upper resistance level, resulting in an intraday gain for the coin buyers.

Key Levels:
Resistance Levels: $18.00, $19.00, $20.00
Support Levels: $14.00, $13.00, $12.00

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

The Hyperliquid market anticipates an increase as it rallies towards the resistance level in its higher time frame. As an outcome of low bullish momentum, the coin price is trending below the moving averages, suggesting a bearish momentum.
The bearish pressure at the $12.81 support level in the last session has contributed to the bearishness in its recent high.

The Hyperliquid pair could increase or grow more, and a break out is imminent as the coin begins fresh movement toward the resistance level at $13.86 below the EMA-50, indicating that the bulls are returning gradually for an increase and to command the HYPEUSD’s price actions.

Hence, a surge from the current retracement at the $13.86 neckline might accelerate the buying momentum and push the prices to hit the $25.46 previous resistance, as it experiences a gradual and steady rally to the top.

Notably, the daily stochastic indicates an uptrend. As a result, the price of Hyperliquid might continue its bullish correction pattern and could grow further to reach the $26.00 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 the price increases above the supply levels in the lower time frame.

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 bulls.

The sustained bullish pressure at the $13.27 resistance level in the last few hours has enabled the crypto price to remain upward in its recent high.

The Hyperliquid price anticipates an increase as the bulls drove the token price to a high of $13.86 above the EMA-50, indicating an uptrend and a bullish trend continuation.

The ongoing rally is advancing towards overhead resistance. Therefore, a successful breakout above $14.77 could propel the crypto price toward the upper range.

In addition, the HYPEUSD price might increase as the price signal remains up, implying that the upward rally might continue.
In this case, the coin price might increase to hit the $26.00 supply value in the coming days.

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