Hyperliquid (HYPEUSD) Price May Proceed Higher

Hyperliquid Price Forecast: September 4

As it gets closer to the upper channel, the Hyperliquid (HYPEUSD) pair might proceed higher today, giving coin traders a buying signal. With a 0.95% increase following a minor decline in recent days, the coin just issued a signal that the bulls are still strong. Despite the selling pressure, the coin market displayed a robust breakout from $45.73, suggesting more rises were to come.
Therefore, if buyers can increase their effort on their market tension, the trend might move to the $49.25 barrier level, suggesting the potential for significant gains.

Key Levels:
Resistance Levels: $45.00, $46.00, $44.00
Support Levels:    $35.00, $34.00, $33.00

HYPEUSDT Long-term Trend: Bullish (Daily Chart)

Due to increased volatility and investor interest in its longer time frame, the Hyperliquid price may continue to rise as it recovers progressively.
The coin price’s recent price surge, that is approaching the upper barrier level, suggests a bullish trend.

The bulls’ pressure on the coin to the $45.02 supply value in the past session has sustained the price above the resistance trend levels in its recent high.

Today, the HYPEUSD price action depicts a bullish continuation pattern at the $45.73 high mark above the EMA-50 on the daily chart that promises a 30% break out if market conditions remain favorable.

Therefore, if the bulls can increase their tension in the market, the token price will move above the key levels at $49.25 as it proceeds higher.

Similarly, the price signal is moving upward, suggesting that the coin market has the potential for bullish continuation and may rise to reach the upper resistance value of $50.00 in the upcoming days, which would be a suitable entry point for long investors.

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

The Hyperliquid price’s robust buying response and bullish continuing pattern in its medium-term prognosis are encouraging.
A bullish trend is indicated by the price bar, which is visible above the EMA-50 and moving toward the overhead resistance line.

The cryptocurrency has remained above the trend line at its most recent high due to the bullish reversal at the $44.89 high value in the prior action.

Shortly after the start of the 4-hourly chart today, the HYPEUSD market increases to a resistance level of $45.73 above the EMA-50, indicating a major rising trend and possible bullish continuation pattern.

Furthermore, the cryptocurrency has the potential for bullish continuation with strong purchasing pressure and high market sentiment.

This might lead to a surge that surpasses the supply level of $50.65, drawing in more investors.

Notably, the Hyperliquid pair’s upward trend on the daily stochastic indicates that the cryptocurrency may continue to rise and that the $51.00 supply level may be recovered in the upcoming days.

Place winning Hyperliquid trades with us. Get HYPE here