crypto.news 2025-05-01 04:52:03

Hyperliquid breaks back over $20 as new features drive interest

After weeks of sideways movement, Hyperliquid has reclaimed the $20 level, suggesting a possible shift in momentum. A distinct bounce above the middle Bollinger Band can be seen on the daily chart, with the price now testing the upper band. The relative strength index sits at 62.91, showing bullish momentum but not yet in overbought territory. Although there hasn’t been a clear breakout yet, a steady volume indicates that the recent move has strong support. Hyperliquid price analysis. Credit: crypto.news The moving average convergence divergence is in a buy zone, and Hyperliquid ( HYPE ) is still trading above the 50-day moving average. Overall, momentum is gradually increasing, but the majority of oscillators are still neutral. If bulls can hold above $20, the next target could sit between $21 and $22. A rejection at current levels, however, could bring the price back toward the $18 zone. You might also like: Why SUI may pull back before the next bullish expansion This rebound coincides with a 12% increase in the open interest in the token, as per Coinglass data . The trading volume for April was $4.01 billion, a little more than the $4 billion for March. At $289 million, the total value locked is still more than 50% lower than its peak in February, which was around $700 million, according to DefiLlama data . A decrease in user confidence or capital rotation may be indicated by this sharp decline, coupled with a slowdown in stablecoin inflows. Hyperliquid’s recent updates may explain part of the renewed interest. On Apr. 21, it integrated with Cypher, a web3 payment gateway, allowing users to spend both spot and perpetual balances at over 100 million merchants worldwide. Cypher’s card can be used in more than 150 countries and has support for Apple and Google Pay. A wrapped testnet stablecoin, WHLUSDC, also went live. BIG NEWS Hyperliquid is now LIVE on Cypher! Buy coffee. Book flights. Shop online. Use your perps and spot balances at millions of stores worldwide. Trade on @HyperliquidX . Spend with Cypher in seconds! Here's how it works ⬇️ pic.twitter.com/urcuwoL0r9 — Cypher – Crypto Card 💳 (@Cypher_HQ_) April 21, 2025 Looking ahead, Hyperliquid will roll out a new fee and staking system on May 5. Users who stake HYPE can earn discounts ranging from 5% to 40%. Spot and perpetual volumes will be counted together, with spot volume weighted double. Hyperliquid will also allow linked staking and trading accounts, a new feature that adds flexibility but can’t be undone once linked. Whether HYPE holds above $20 may depend on how traders respond to these changes. Read more: Polkadot price could surge as development activity soars

Наиболее читаемые новости

Ripple Shakes Up Crypto Community with Jaw-Dr...
2025-05-02
Sui Gaming Stablecoin Launching for SuiPlay0X...
2025-05-02
Bitcoin Surpasses Gold: 68% of Americans Turn...
2025-05-02
Here’s What Prices Solana and XRP Might Reach...
2025-05-02
Why Bitcoin’s ETF Inflows, Toncoin’s Ecosyste...
2025-05-02
Will Ethereum Flip Bitcoin in 2025? Analyst I...
2025-05-02
Kaspa Upgrade, XRP Analysis, and Web3 ai Pres...
2025-05-02
Top Crypto to Watch in 2025: Dragoin, Pepe, S...
2025-05-02

https://www.digistore24.com/redir/325658/ceobig/

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения