Hyperliquid (HYPEUSD) Price Is Rising Again

Hyperliquid Price Forecast: March 20

Hyperliquid (HYPEUSD) price is rising again and remains relatively stable to grow more as the token continues to gain traction amid market correction. Having finished the downward correction, the crypto is trying hard not to fall by resisting sellers. If the bulls’ pressure breaks up the peak resistance level of $21.93, the coin price might grow to reach the $22.00 upper high level and beyond, signaling strong market optimism and potential for significant gains.

Key Levels:
Resistance Levels: $19.00, $20.00, $21.00
Support Levels: $12.00, $11.00, $10.00

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

The Hyperliquid pair is rising again due to the order flow from the buy traders, with a slight 1.69% increase on the higher time frame.
The coin is witnessing fresh traction and will grow more as the coin market remains bullish and looks good for a long position. The coin price is above the moving average lines, indicating a bullish momentum.

The bulls’ pressure to the $14.06 high point in the last session has enabled the crypto’s price to initiate another uptrend above the resistance level in its recent high.

Today, the HYPEUSD price is rising again on the 4-hourly chart with a bullish candle at a $14.43 high mark above the EMA-50 as the bulls brace up for a major uptrend.

Thus, should the bulls change their orientation and speed up their buying actions, the coin price may give a bullish breakout, reaching a prior high at $21.93 before a range breakdown.

Notably, the upward momentum indicator suggests that the Hyperliquid price might continue rising to the $22.00 upper resistance mark in the coming days in its long-term outlook.

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

The HYPEUSD pair is rising towards the upper channel and remains stable above the supply level, denoting a beautiful bullish continuation pattern in the medium-term outlook.
The market shows that the price may be trading in a new ascending channel.
The bulls have sustained the crypto market at the $13.49 supply value in the previous action and have enabled the coin value to stay above the trend line in its recent correction.

The Hyperliquid price is rising again on the 4-hourly chart today, showing a broader recovery in the coin market. The crypto price jumped to a $14.42 supply level above the moving averages as the bulls took their stand in the market.

This bullish correction indicates a gradual improvement in the market sentiment, leading to more intraday gains to higher prices.

In addition, more upsides are coming as shown by the stochastic oscillator pointing upwards to indicate an uptrend.

With the look of things, the HYPEUSD bullish rally may head towards the $22.00 upper high value in no long time in the medium-term.

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