Hyperliquid (HYPEUSD) Price Is Increasing and Will Continue

Hyperliquid Price Forecast: May 1

Today, the Hyperliquid (HYPEUSD) price is increasing and will continue to grow above the resistance trend at $19.26. However, if buyers exert more force into the price action, the $20.00 upper resistance level might be touched amid soaring network activity, triggering a flurry of interest among investors.

Key Levels:
Resistance Levels: $16.00, $17.00, $18.00
Support Levels: $10.00, $9.00, $8.00

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

The Hyperliquid pair is increasing and will continue trading in the bullish trend market in the long-term outlook. The bulls are prepared to take us far by pushing the coin price higher.
The sustained bullish pressure to a $18.74 high mark in the previous session has enhanced the coin market value to remain firm in an uptrend in its recent high.

As the 4-hourly chart opens today, the bulls caused a rise to the $18.84 supply level above the moving average, suggesting that traders are actively buying and the cryptocurrency price is increasing at this price level.

Furthermore, an increase in buying pressure will lead the price of HYPEUSD to the $19.26 previous high mark to suppress any further bearish thesis.

Additionally, the market is increasing and will continue to move higher by the daily stochastic, pointing up.

As a result, the emergence of more buyers to move the price up is imminent, hitting the $20.00 upper resistance trend mark as the Hyperliquid market is increasing in its higher time frame.

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

The HYPEUSD price is also increasing and will continue to move higher in the medium-term outlook, due to the high impact from the long-term traders in the price flow.
The sustained bullish pressure to a $18.15 high level in the previous action has led to the coin’s recent high.

The buy traders’ impulse move pushed the price of Hyperliquid up to a $18.83 resistance level above the moving averages shortly after the 1-hour session opened today, as the bulls continue to dictate the market conditions.

Thus, if the crypto’s price could sustain above the $19.06 peak resistance level, the potential rally could surge higher to hit the $19.56 level and beyond.

Notably, the pair is pointing up, indicating an uptrend on the daily signal, suggesting that the Hyperliquid price is increasing and this may continue to surpass the $19.06 previous high level and expose the trend to hit the $20.00 upper resistance value in the days ahead days in its medium-term perspective.

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