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NullTX

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HYPERLIQUID PRICE ANALYSIS & PREDICTION (June 12) – Hype Faces Rejection After Tapping New All-Time High, Can it Sustain Momentum?

  • Hype's price surged 4x in two months, hitting a new all-time high before facing a slight rejection.
  • The rally began in April from a low of $9, gaining momentum in May to peak at $40 before a pullback.
  • In June, after consolidating around $30, Hype broke out to reach $44, experiencing rejection but showing signs of recovery.
  • The bulls are currently controlling the market, with potential for further highs if the new ATH of $44 is surpassed.
  • Key resistance levels to watch include $44, $50, and $55, with support levels at $40, $32.6, and $28.4.
  • The current spot price for Hype is $43.3, with a bullish trend and high volatility.

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