Hyperliquid Price Prediction: HYPE Plummets 21% As Traders Pivot To This ICO That Flags Hot Cryptos

The
Hyperliquid
price
plummeted
21%
in
the
last
24
hours
to
trade
at
$12.15
as
of
02:32
a.m.
EST
on
trading
volume
that
skyrocketed
63%
to
$703
million.

Hyperliquid
Price
Aims
For
A
Continued
Surge

The
Hyperliquid
price
has
been
making
higher
highs
and
higher
lows,
characteristic
of
a
rising
channel.
The
upper
boundary
near
$36
acted
as
resistance,
while
the
lower
boundary,
now
around
$25,
serves
as
immediate
support.

As
a
result
of
the
continued
surge,


the
Hyperliquid
price

has
since
traded
above
the
50-day
Simple
Moving
Average
(SMA).
But
with
the
price
of
Hyperliquid
plunging
to
the
area
around
the
support,
HYPE
has
crossed
slightly
below
the
50-day
SMA.

The
Relative
Strength
Index
(RSI)
is
at
43.43,
below
the
midpoint
(50).
This
suggests
mild
bearish
momentum
in
the
short
term.
However,
the
RSI
is
approaching
oversold
levels
(30),
meaning
a
reversal
or
bounce
could
soon
occur.

 If
the
price
holds
the
rising
channel’s
lower
boundary
and
reclaims
the
50-day
SMA
($27.36),
it
could
move
back
toward
the
$30-$36
range,
continuing
the
uptrend.
A
breakout
above
the
channel
could
push
the
price
to
new
highs
above
$40.

Conversely,
a
confirmed
breakdown
below
the
rising
channel
and
$25
could
signal
the
start
of
a
bearish
trend,
with
the
next
support
level
around
$20.

Meanwhile,
investors
are
rushing
into
the


Best
Wallet
($BEST)

presale,
which
has
already
raised
over
$5.4
million.
Crypto
Gains,
a
YouTuber
with
more
than
141K
subscribers,
says
$BEST
can
easily
10X
after
launch.

Best
Wallet
Presale
Heads
Toward
$6
Million

What
sets
Best
Wallet
apart
from
other
cryptocurrency
projects
is
its
strong
utility. The
platform
has
an
intuitive
user
interface
(UI)
and
a
decentralized
exchange
(DEX)
integrated
directly
into
the
wallet
platform,
enabling
users
to
engage
in
decentralized
finance
(DeFi)
activities
seamlessly.

The
wallet
ecosystem
has
already
garnered
significant
traction,
with
over
100,000
monthly
users
actively
using
its
platform. 

Join
Best
Wallet
and
gain
all
the
tools
you
need
to
stay
ahead.
????

With
features
like
exclusive
access
to
Upcoming
Tokens
and
rewards
for
early
adopters,
it’s
no
surprise
we’re
the
fastest-growing
crypto
wallet.

Download
now
????

https://t.co/he5kzra7TY

pic.twitter.com/xf2pY03CZw

—
Best
Wallet
(@BestWalletHQ)

December
16,
2024

A
key
feature
that
is
attracting
investors
is
its
“Upcoming
Tokens”
section,
which
flags
high-potential
meme
coins
before
they
hit
the
market.

It
featured


Pepe
Unchained
($PEPU)

at
just
$0.00992
before
early
investors
saw
a
591%
gain
as
the
price
rose
to
$0.06858.
It
also
flagged


Catslap
($SLAP),
a
token
whose
price
skyrocketed
2,815%
for
those
who
bought
early.

????

$PEPU
Claim
is
Now
LIVE!
????

The
wait
is
over!
You
can
now
claim
your

$PEPU
tokens
directly
within
Best
Wallet
or
by
visiting
the

@pepe_unchained
website.

????
Claim
Website:

https://t.co/AtdfdNNPeV

Start
Claiming
Now!

pic.twitter.com/A7KovigigB

—
Best
Wallet
(@BestWalletHQ)

December
10,
2024

Best
holders
who
stake
their
tokens
can
also
earn
a
huge
annual
yield
of
419%.

You
can
get
into
the
project
early
by
buying
$BEST
Token
today
for
just
$0.023325.
Interested
investors
should
secure
tokens
before
the
next
price
increase
in
less
than
2
days.

Buy
Best
Tokens
here.

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