Hyperliquid (HYPEUSDT) Holds above $30.00 High Mark
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Hyperliquid (HYPEUSDT) Holds above $30.00 High Mark

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Azeez Mustapha

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Hyperliquid Price Forecast: February 3

Today, the Hyperliquid (HYPEUSDT) pair remains and holds above $30.00 on the upside, looking for further growth at the $33.30 resistance on the daily chart, amid market uncertainties. The crypto is gaining traction, suggesting a potential buy signal, as bulls have renewed their bullish momentum, moving towards the upper channel. If a new surge in buying occurs, the coin price may surge above the peak barrier level of $44.65 to reach the $49.37 upper resistance level and beyond, signaling potential for significant gains as the bulls continue trending north.

Key Levels:
Resistance Levels: $35.00, $36.00, $37.00
Support Levels:     $22.00, $21.00, $20.00

HYPEUSDT Long-term Trend: Bullish (Daily Chart)

The Hyperliquid pair anticipates for additional growth as it holds above $30.00 and remains bullish in its long-term outlook.
Hyperliquid (HYPEUSDT) Holds above .00 High Mark The technical signal suggests that the price could rise higher than the current price, provided the factors sustaining the uptrend remain intact. The coin price is above the moving average line, indicating an uptrend.

Due to the ongoing bullish pressure over the past few days, the cryptocurrency price has remained above the supply trend levels since its most recent high.

At the time of writing, the price of Hyperliquid signals a potential buy signal with persistent buying, reaching a $33.30 resistance level above the EMA-50, and suggesting a bullish advance.

Thus, any further bearish argument would be refuted if the bulls made more attempts above the previous peak barrier of $44.65.

Additionally, there is likely to be a breakout attempt soon as the price of HYPERUSDT now points up on the daily projector.

If the bulls could change their orientation and push harder, the next bullish race may reach an upper resistance range of $49.37 in the coming days on the higher time frame.

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

Despite the involvement of short traders, the price of HYPEUSDT remains positive, trending upward on the medium-term outlook. The price bar is above the EMA-50, confirming its bullish trend.
Hyperliquid (HYPEUSDT) Holds above .00 High Mark The recent bullishness was further enhanced by the bulls’ increased inflow throughout yesterday’s session at a high value of $31.15.

Hypeliquid Holds above $30

It’s amazing that $HYPE is holding above $30 under these market conditions. The best is the best.

The Hyperliquid price holds above the resistance level at $33.08, at the time of writing this article on the 4-hourly chart, indicating an uptrend.

Thus, if the bullish momentum continues and buyers do not relent their efforts, the positive correction phase might extend and hold above the prior high level of $34.44, reflecting promising growth.

Notably, the technical indicator signifies an upward advance as the HYPEUSDT market has additional upside potential.

Hence, the pair may surge to an upper resistance level of $40.00 in the coming days as further gains and strength are anticipated from the cryptocurrency market.

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