Long Or Short? Hyperliquid Meta Trader Gives Ethereum Price Prediction As Prices Tumble
The post Long Or Short? Hyperliquid Meta Trader Gives Ethereum Price Prediction As Prices Tumble appeared on BitcoinEthereumNews.com. Ethereum’s (ETH) price prediction has become a hot topic as the market struggles to interpret mixed signals from on-chain metrics and ETF flows. Despite a flood of bullish developments in June, the token still ended the month with a 1.5% loss. Traders now question if the rally is merely delayed or altogether derailed. Meanwhile, lesser-known tokens like Remittix are quietly drawing attention for their real-world payment use cases. Hyperliquid: Cooling Momentum After a Massive Rally Hyperliquid (HYPE) soared in recent weeks but now faces a key test near the $41.55 resistance. The level aligns with a Golden Pocket Fibonacci retracement and prior price ceilings, suggesting a potential reversal zone. Technical analysts believe HYPE may have completed its impulsive rally and could now enter an ABC correction phase. Once that is seen, a pullback to the price of 26.53 can be expected, which is a strong support area. Still, the correction appears healthy and orderly, with no signs of panic selling. Unless bulls reclaim $41.55 with volume, sideways movement or a dip remains the probable path. Yet, this zone may offer a fresh entry point for traders looking to accumulate. Source: Tradingview Ethereum: Bullish Tailwinds Struggle to Lift Price Ethereum’s June metrics looked promising on paper. US spot ETFs recorded their second-best month since launch, pulling in over $1.1 billion in net inflows. Accumulation addresses, wallets that have never sold ETH, saw their highest monthly increase in history, signaling long-term holder conviction. Large companies such as SharpLink Gaming and Bit Digital bought ETH and added it to their treasuries, and staking reached an all-time high of 35.52 million ETH. However, in spite of it, ETH could not record a positive trend, being trapped between the levels of $2,300 and $2,500. Traders attribute the underperformance to global market jitters, political tensions and…
The post Long Or Short? Hyperliquid Meta Trader Gives Ethereum Price Prediction As Prices Tumble appeared on BitcoinEthereumNews.com.
Ethereum’s (ETH) price prediction has become a hot topic as the market struggles to interpret mixed signals from on-chain metrics and ETF flows. Despite a flood of bullish developments in June, the token still ended the month with a 1.5% loss. Traders now question if the rally is merely delayed or altogether derailed. Meanwhile, lesser-known tokens like Remittix are quietly drawing attention for their real-world payment use cases. Hyperliquid: Cooling Momentum After a Massive Rally Hyperliquid (HYPE) soared in recent weeks but now faces a key test near the $41.55 resistance. The level aligns with a Golden Pocket Fibonacci retracement and prior price ceilings, suggesting a potential reversal zone. Technical analysts believe HYPE may have completed its impulsive rally and could now enter an ABC correction phase. Once that is seen, a pullback to the price of 26.53 can be expected, which is a strong support area. Still, the correction appears healthy and orderly, with no signs of panic selling. Unless bulls reclaim $41.55 with volume, sideways movement or a dip remains the probable path. Yet, this zone may offer a fresh entry point for traders looking to accumulate. Source: Tradingview Ethereum: Bullish Tailwinds Struggle to Lift Price Ethereum’s June metrics looked promising on paper. US spot ETFs recorded their second-best month since launch, pulling in over $1.1 billion in net inflows. Accumulation addresses, wallets that have never sold ETH, saw their highest monthly increase in history, signaling long-term holder conviction. Large companies such as SharpLink Gaming and Bit Digital bought ETH and added it to their treasuries, and staking reached an all-time high of 35.52 million ETH. However, in spite of it, ETH could not record a positive trend, being trapped between the levels of $2,300 and $2,500. Traders attribute the underperformance to global market jitters, political tensions and…
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