Hyperliquid (HYPEUSD) Resumes its Bullish Rally

Hyperliquid Price Forecast: March 14

Hyperliquid (HYPEUSD) price resumes its bullish rally to grow again. The coin price is in an attempt for the next upward rally, moving upward beneath the supply levels. Thus, if all support levels hold and resistance breaks out of the $13.81 level, we can see a further change in the price to retest the $26.94 high value and extend to meet the $28.00 upper high value and perhaps rise as high as $30.00, indicating a rising bullish momentum.

Key Levels:
Resistance Levels: $22.00, $21.00, $20.00
Support Levels: $17.00, $16.00, $15.00

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

The Hyperliquid price is attempting the next upward rally as it resumes its bullish rally, targeting the resistance level in its higher time frame. Further, the price is below the EMA-50, indicating a bearish market zone.
The crypto price has fallen below the supply trend lines due to the bears’ pressure to a low of $13.66 in the last session, but it now appears like the bulls are about to take control as the new correction resumes.

The HYPEUSD pair is witnessing a post-rally pullback as it resumes its bullish rally below the moving averages at the $13.81 resistance value as the 4-hourly chart opens today, shaping the price trajectory towards the resistance level.

Further, if the rebound materializes, the coin price may surge to reach the $26.94 prior resistance, providing the foundation for an upward trajectory.

Additionally, the daily stochastic suggests an uptrend, indicating a bullish continuation to the $30.00 resistance trend line or higher in the days ahead as the pair resumes its bullish rally in the long-term forecast.

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

The HYPEUSD pair shows a bearish display as it resumes its bullish rally in its short-term perspective.
The price responded to the shift in the market structure and is currently below the moving averages due to the high inflow from the sell traders.

The price drop to the $13.45 low value in the previous action has enhanced the coin price drop below the supply levels in its recent high.

The Hyperliquid price anticipates further growth as it resumes its bullish rally, reaching the $13.81 supply value below the EMA-50, suggesting the returns of the buy traders.

The market participants are responding to this pattern, and its breakout could lead the token price to hit the $17.46 high point, offering a good entry opportunity for coin traders.

Meanwhile, should the bulls prove firm and increase their buying pressure, the price of HYPEUSD may rise further to hit the $30.00 upper resistance level, indicating a strong supply zone for a potential BUY as the pair resumes its bullish rally in its higher time frame.

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