Hyperliquid (HYPEUSD) Price Will Rise From Support Level

Hyperliquid Price Forecast: February 25

Hyperliquid (HYPEUSD) price will rise from the support level and experience another bullish reversal price action for another upward move potential. If the forces from buyers in the market should increase and the current support level at $21.40 holds, the coin price may retest the $28.17 previous swing high and this may extend to the $30.00 upper high mark and beyond, hinting at a robust upward trajectory.

Key Levels:
Resistance Levels: $23.00, $24.00, $25.00
Support Levels: $18.00, $17.00, $16.00

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

The HYPEUSD pair is showing a bearish scenario in its long-term perspective. The price will rise from support as it begins its bullish correction below the supply levels.
The crypto responded to the shift in the market structure and is currently below the moving average, suggesting a bearish momentum. However, there is about to be a turnaround for the Hyperliquid buy traders as the bulls initiate another correction to the resistance level.

The sustained bearish pressure at the $22.80 support value in the last session has contributed to the coin price drop below the supply levels in its recent correction.

The HYPEUSD price rebounded from the mentioned support with a pin bar hammer candle at the $22.02 supply value as the 4-hourly chart opens today, suggesting the token price will rise from the support level and a genuine reversal which may attempt the $28.17 breakout.

Meanwhile, should the bulls prove stronger and increase their buying pressure, the price of Hyperliquid will rise from the support level to the the$30.00 upper resistance level, indicating a strong supply zone for a potential BUY in its long-term forecast.

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

The Hyperliquid pair will rise from support, anticipating an increase as it begins a new bullish wave on the medium-term chart. The price bar is trending below the moving averages, indicating a bearish momentum.
The intervention from the sell traders at the $23.57 low value in the previous action has dropped the coin price below the supply trend line in its recent high.

Further, the price is gathering momentum and has decided to rise from the support and face the upsides to achieve more gains.

The HYPEUSD bulls corrected the $22.02 supply value below the EMA-50 to resume its uptrend, encouraging the buy traders to invest in the crypto, as possible future gains are certain.

Therefore, if the crypto makes an intense rally from its present price at the $22.02 high value above the moving average line, the HYPEUSD will rise from support and enter a bullish trend. However, the buy traders may see immediate gains if this push continues to the $25.87 resistance area.

Notably, the pair remains in an uptrend at around the 43% range of the daily stochastic, indicating that the Hyperliquid price will rise from the support level.

Thus, the crossover could encourage the breakout rally to hit the 30.00 supply level soon in its medium time frame.

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