Hyperliquid (HYPE) Price Prediction: Momentum Fades as Technical Breakdown Eyes $28 Support
The post Hyperliquid (HYPE) Price Prediction: Momentum Fades as Technical Breakdown Eyes $28 Support appeared on BitcoinEthereumNews.com. Hyperliquid is approaching key support levels after losing its trend cloud, with $100M in liquidations looming and bulls eyeing a pivotal bounce. Hyperliquid has just flashed a warning sign. After riding a strong uptrend for weeks, the token has broken below its 4-hour Ichimoku cloud. With price hovering around $34 and nearly $100 million in long positions stacked between $30 and $33, participants are now watching closely to see if this dip turns into a deeper correction. HYPE Loses Cloud Support Hyperliquid just slipped beneath its 4-hour Ichimoku trend cloud, a level it hasn’t lost since trading around $15. According to analyst CryptoCurb, this breakdown marks a notable technical shift, as the cloud has acted as a reliable support base for much of HYPE’s parabolic rise over recent weeks. Hyperliquid slips below its 4H Ichimoku cloud for the first time since $15, signaling a potential trend shift. Source: CryptoCurb via X Analyst CryptoCurb notes that $40 is now the key level to watch. A reclaim of that zone would restore bullish structure and potentially reset the upward trend. Until that happens, this dip outside the cloud could invite more cautious price action or sideways consolidation. HYPE Eyes Bollinger Bands Lower Line After losing cloud support earlier this week, HYPE is now slipping further, trading around $34.10. The chart shared by Cryptorizz shows price now testing the midline of the Bollinger Bands, with the lower band resting near $31.5, the next key support. That level also lines up with recent consolidation zones from early June, making it a likely area where dip-buyers could show interest if momentum doesn’t recover soon. HYPE tests mid-Bollinger Band as downside pressure builds, with $31.5 emerging as a key support zone. Source: Cryptorizz via X Technically, HYPE Hyperliquid price remains in a broader uptrend, but the…
The post Hyperliquid (HYPE) Price Prediction: Momentum Fades as Technical Breakdown Eyes $28 Support appeared on BitcoinEthereumNews.com.
Hyperliquid is approaching key support levels after losing its trend cloud, with $100M in liquidations looming and bulls eyeing a pivotal bounce. Hyperliquid has just flashed a warning sign. After riding a strong uptrend for weeks, the token has broken below its 4-hour Ichimoku cloud. With price hovering around $34 and nearly $100 million in long positions stacked between $30 and $33, participants are now watching closely to see if this dip turns into a deeper correction. HYPE Loses Cloud Support Hyperliquid just slipped beneath its 4-hour Ichimoku trend cloud, a level it hasn’t lost since trading around $15. According to analyst CryptoCurb, this breakdown marks a notable technical shift, as the cloud has acted as a reliable support base for much of HYPE’s parabolic rise over recent weeks. Hyperliquid slips below its 4H Ichimoku cloud for the first time since $15, signaling a potential trend shift. Source: CryptoCurb via X Analyst CryptoCurb notes that $40 is now the key level to watch. A reclaim of that zone would restore bullish structure and potentially reset the upward trend. Until that happens, this dip outside the cloud could invite more cautious price action or sideways consolidation. HYPE Eyes Bollinger Bands Lower Line After losing cloud support earlier this week, HYPE is now slipping further, trading around $34.10. The chart shared by Cryptorizz shows price now testing the midline of the Bollinger Bands, with the lower band resting near $31.5, the next key support. That level also lines up with recent consolidation zones from early June, making it a likely area where dip-buyers could show interest if momentum doesn’t recover soon. HYPE tests mid-Bollinger Band as downside pressure builds, with $31.5 emerging as a key support zone. Source: Cryptorizz via X Technically, HYPE Hyperliquid price remains in a broader uptrend, but the…
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