Dude! What’s up with these cryptos? 💸 Many thought Hyperliquid would take off, but things got ugly...
Dude, hold on! The cryptocurrency landscape is tenser than a final match. Hyperliquid (HYPE) tried to rise, but the sharks 🦈 stopped it dead in its tracks. It fell near $40.99, and now the vibe is super bearish. The technical signals are in red: the moving average lines are about to cross downwards, and that’s a sign that sellers are taking control. If HYPE drops below $35.50, we could see it fall to $32. Watch out! Buyers need to make a master move to prevent it from collapsing.
And if that weren't enough, Stellar (XLM) is going through the same thing. Sellers pushed it down, and now it could drop to $0.34. 😬 But not everything is lost: if it manages to bounce back, it could stay in a range, fighting between ups and downs. Things will get interesting if it breaks one of those two barriers, either it rises strong and gets out of the slump, or it plummets to $0.29. Stay alert!
Finally, Sui (SUI) is suffering a lot, retreating to $3.32. Sellers are relentless, and if it doesn't bounce back, it could drop to $2.87 or even $2.65. Buyers need to step up and push it above $3.75 to prevent a bad outcome and aim for $4.
In summary: The environment is heavy and the technical signals for these cryptos do not look good. We need to keep an eye on those support and resistance levels, because that’s where it will be determined if this recovers or if we prepare for a general drop. 🫣$SUI $HYPE $XLM
