HYPE jumps 15% on Binance US listing news, eyes breakout to new ATH

Hyperliquid HyperEVM testnet set to boost HYPE and DeFi


Hype Price jumped 15% after the announcement of its next list on US Binance, feeding the bullish momentum while the price of the token follows the removal of the top of all time at $ 40.

Hyperliquid (THRESHING) is up 15%, currently negotiating at $ 37.50, with a 24 -hour negotiation volume, jumping from 80% to $ 370 million. The push follows the news that the threshing media Will soon be listed on Binance Us.

This increase prolongs the media shot rally of a recent decline after setting a summit of $ 40 on May 26. The structure of the upward market remains intact, the price of media threshing forming a coherent model of higher and higher highs, while remaining well above EMA 20 since the reversal of the April trend.

The momentum is being built, the RSI is 68 years old, approaching the Surachat area and on the point of a golden cross, with the RSI line approaching an escape above its mobile average. MacD also shows weakening the lowering momentum, the narrowing histogram bars. The MacD line is about to cross the signal line.

The bracing jumps 15% on Binance US Listing News, Eyes Breakout to New Ath - 1
Source: Tradingview

Threshing price action The 12 -hour table strengthens upward perspectives. After the background at $ 9.30 on April 7, the price increased to $ 40 in May, which formed a cutting and handle motif with the upper cut of the cut of around $ 28.40. The recent decline can be considered as a healthy and retest rupture of this level of key resistance, which often acts as strong support before resumption of the trend.

The fundamentals also support the bullish affair. The hyperliquid continues to dominate the derivatives Dex Market, holding more than 81% market share Coinmarketcap ranking. It also leads in perpetual negotiation volume, with $ 6.495 billion negotiated in the last 24 hours on hyperliquid Layer 1.

The beateering jumps 15% on Binance US Listing News, Eyes Breakout to New Ath - 2
Source: channels classified by volume perp | Parade

Post Comment