Oh, look at HYPE go, like a cheeky little squirrel who’s just spotted a mountain of acorns! It’s shimmying and jittering, getting ready to leap out of a falling wedge — that’s a mysterious shape like a crumpled paper hat, but way more exciting if you’re into numbers and nonsense.
This beast called Hyperliquid (HYPE) is puffing up with bullish pride, about to break free from its sneaky little slump. It’s flirting with not just one, but three fancy moving averages—like juggling flaming torches of 20-day Exponential Moving Average, 9-day Simple Moving Average, and 50-day Simple Moving Average. Quite the circus act!
Back on December 21, HYPE soared like a rocket to $35.02—rip roaring and probably feeling rather chuffed. Then it nosedived into a sulky fall, sketching out that wedge we mentioned, before sulking near $9 on April 7. But wait! It bounced right back to nearly $17.30 like a rubber ball on a pogo stick. Since then, it’s been climbing over every moving average like a champion rock climber. The 20 EMA and 50 SMA just did a little happy dance called a bullish cross, which basically means: “Party time, trend reversal ahead!” 🕺
And what about the RSI? It’s sitting pretty at 63.51, which is fancy talk for “bulls are starting to wake up and stretch.” The MACD joins the band with a bullish crossover too, both lines flouncing above zero like acrobatic dolphins. 🎪🐬
If HYPE keeps its paws above $18, the next hurdle is the magical $20 mark — basically the price’s favorite playground, where it once played all January and February before sliding away in March. Should it hurdle over $20 like a champion jockey, the next beast to conquer stands at $26, where the trendlines have their secret handshake.
If this breakout really sticks, $35 might just become the grand prize—the treasure at the end of the falling wedge rainbow. 🌈💰
But beware! Should HYPE trip below $18 with a noisy crowd of sellers cheering it on, things might get messy. It could tumble back to $17.30 or even dive toward $12–$13, which is the financial equivalent of a faceplant. Ouch.
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2025-04-21 11:11