HYPE made another record this week. How high will it go?
Key Support levels: $41, $37
Key Resistance levels: $46, $50
1. New Record Price
The appetite for HYPE appears unstoppable. The price made a new record yesterday at $46 per coin. This comes just days after its previous all-time high at $44. Buyers appear determined to hit $50, which will also act as a key resistance.
2. Uptrend Continues
With a higher high confirmed, HYPE has a clear path forward to continue its record-breaking streak. Expect new records if the bulls maintain their pressure. However, a careful look at the momentum indicators shows that price exhaustion is likely in the near future.
3. Bearish Divergence Calls for Caution
The daily RSI shows a clear bearish divergence. While HYPE’s price is making higher highs, the RSI is making lower highs. This is a clear signal that the uptrend is approaching its final stages. It’s best to be cautious here and prepare for a significant pullback later, especially if the asset falls below its existing uptrend.
The post Hyperliquid (HYPE) Price Predictions for This Week appeared first on CryptoPotato.
 HYPE made another record this week. How high will it go? Key Support levels: $41, $37 Key Resistance levels: $46, $50 1. New Record Price The appetite for HYPE appears unstoppable. The price made a new record yesterday at $46 per coin. This comes just days after its previous all-time high at $44. Buyers appear Crypto Bits, Crypto News, Hyperliquid (HYPE)Â
This articles is written by : Nermeen Nabil Khear Abdelmalak
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