Price Prediction for Hyperliquid
Hyperliquid (HYPE) has rebounded in recent days, indicating aggressive buying at lower levels.
$HYPE
The HYPE/USDT pair is witnessing a tough battle between the bulls and bears at the support line of the ascending channel pattern. If the price bounces down from the support line, the price of HYPE could drop to the moving averages. A bounce from the moving averages increases the likelihood of a rally to USD 50 and then to USD 62.50.
On the other hand, a break and close below the moving averages suggests that the bears are trying to take control. The pair could then fall to USD 35.50.
