๐จ Hyper Coin (HYPER) Price Dip โ Technical Breakdown & Tomorrow's Outlook | April 24, 2025
Hyperlane (HYPER) just took a sharp dip today, shedding over 26% in the past 24 hours, falling to $0.2046. Letโs break down what happened and where it could be headed next.
๐ Price Action Recap:
Current Price: $0.2046
24h High / Low: $0.2780 / $0.2024
Volume (24h): $143.66M
Market Cap: $35.72M
ATH (Recent): $0.3502 on April 23
This comes just a day after HYPER hit a new local high, making today's correction particularly steep and emotionally charged for holders.
๐ Technical Analysis:
MA5: $0.2246
MA60: $0.2211
Support Zone: $0.1900 โ $0.2000
Resistance: $0.2450 then $0.2780
Price is now trading below both MA5 and MA60, which typically signals bearish short-term momentum. RSI has dropped into the 40s, nearing oversold territory โ suggesting a potential bounce if bulls step in.
Fibonacci retracement from the recent high points to the $0.200 support as a key area to watch.
๐ฎ Tomorrow's Prediction (April 25):
Bullish Scenario: If HYPER holds above $0.200, we could see a short recovery to $0.235โ$0.245
Bearish Scenario: If it breaks below $0.200, next support lies near $0.180
With trading volume still high, we might expect volatility to remain elevated in the next 24 hours.
๐ Final Take:
Todayโs dip is sharp but could offer a setup for a bounce or range formation tomorrow. Caution is key โ watch for confirmation before entering new trades.
Let me know your thoughts โ is HYPER just cooling off, or are we heading lower