TECHNICAL ANALYSIS OF HYPERLIQUID'S PRICE: “Golden Cross” Confirmed and Bullish Structure

  • $HYPE has risen 40% since early April. It is currently trading within a channel with support at $17.05 and resistance at $18.95, and has broken above the 50-period EMA, indicating a bullish bias. Speculation about a second phase of airdrops could increase participation in the Hyperliquid ecosystem and create upward pressure on the price.