Hyperliquid (HYPEUSD) Price to Increase Further

Hyperliquid Price Forecast: July 10

The Hyperliquid (HYPEUSD) price is relatively stable and may increase further as buyers continue to dictate the coin market, suggesting a favorable time for coin traders. The crypto price could still go higher if the bulls can break the $45.77 level. Then, the shift in trend may lead the token price to target the $46.00 upper resistance level, indicating strong investors’ confidence and higher demand for the coin.

Key Levels:
Resistance Levels: $39.00, $40.00, $41.00
Support Levels: $31.00, $30.00, $29.00

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

On a higher time frame, the Hyperliquid pair suggests an increase following a broader market recovery, with a significant surge in trading volume in the last few hours, displaying a bullish trend.
The chart shows that the coin price trades above the resistance level and faces the upper channel, resulting in another opportunity to buy the asset and a turnaround for coin holders.

The crypto price was able to sustain a steady upward trajectory at its most recent peak due to the bulls’ last move to a $38.96 supply level.

The market price of HYPEUSD increases significantly to a $39.11 high level above the moving average, signaling a potential buy signal or opportunity for coin holders.

The token price has demonstrated a steady increasing trend recently, following a broader market rebound.

Therefore, if the bulls add additional pressure to their buying motives, the Hyperliquid price can grow and swing beyond the $45.77 previous barrier, signaling high conviction from purchasers.

Furthermore, a continuation of the upsides is likely if the bulls add more energy to their buying motives.

In light of this, the HYPEUSD price might increase to touch the $46.00 upper resistance trend line in the days ahead, resulting in a potential buy signal in its long-term view.

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

The HYPEUSD pair denotes a bullish posture in its medium-term view. The price is above the EMA-50, indicating an upward momentum and the high impact of buyers in the market.
The coin price has been able to stay above the resistance trend levels at its recent high due to the persistent bullish pressure over the last several hours at the $38.52 supply value.

Today, the Hyperliquid buyers’ corrective rally at a $39.11 resistance level above the moving averages shortly after the 1-hour session opens today may swing to the $41.18 previous high, amid an ascending bullish pattern.

In addition, the HYPEUSD market could see more increase, and a potential upswing would get better confirmation of a bullish recovery if buyers break above the high of $41.18.

The post-breakout rally would lead the crypto price towards the upper resistance area, creating excitement among investors.

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