HyperleQuid (HYPE) has witnessed a noticeable increase in prices, climbing more than 52 % in two weeks to reach advertisement From updating the auditor submit 21 contracts without permission.
Amid the noise created by the excessive liquid auditor, the noise code captured the attention of both traders and investors as a building of the bullish momentum.
As the liquid price height is held fixed higher than the main technical levels, excessive traders are wandering optimistic about its future horizons.
Excessive liquid auditor update
The excessive liquid auditor’s update is a large milestone sign for excessive liquid exchange, allowing any DEX network securing and enhancing its decentralization commitment.
By entering 21 contracts without permission, Dex allows anyone to participate as a decision, which greatly enhances the nemexus and safety framework.
The active group will consist of 21 servings, ensuring that excessive coin supports a strong and flexible infrastructure.
Auditors must lock 10,000 noise code for a year, a condition that continues even if they do not make the active group, which reduces the circulating offer.
This mechanism stimulates a long -term commitment and enhances the demand for noise through hyperlooking exchange.
Society adopted this modernization, while realizing its ability to raise the benefit and value of excessive cryptocurrency.
In compliance with the wider encrypted currency trend towards decentralization, this step enhances liquid hyperlinks (HYPE) in the market.
The noise price responded positively, as he got more than 5 % on the day of advertising to the highest level during the day at $ 18.70, hinting to further growth while increasing the auditor’s participation.
Technical analysis of excessive liquid prices
The price of the liquid shows convincing emerging signals on the technical front.
After reaching the lowest level at 9.30 dollars on April 7, the value of the distinctive symbol of noise doubled, which led to the liberation of the descending wedge style.
It currently works to unify approximately $ 18.57, and the price of the liquid is slightly lower than the REERERRERNING 61.8 % of Fibonacci of $ 19.88.
The collapse above this resistance can push the noise code about $ 22.80 or traders on Dex HyperLeeliquid.
The RSI is located on the daily chart of 64.54, which reflects a sustainable bullish momentum, although the money flow index (MFI) at 80.59 shows excessive conditions in its arrest.
Keep the price of a company higher than EMA for $ 100 at a value of $ 18.34, which enhances strong support for liquid reduction.
Maintaining this level can pave the way to pay to $ 20.00, a psychological teacher of excessive liquid (noise).
However, the decline to a range of 15.73-14.00 dollars is still reasonable if it intensifies profit, which provides a healthy correction.
Such a decrease enhances the long -term upward trend, providing an attractive entry point for investors looking at the noise price.
In general, technical expectations are consistent with the primary reinforcement of the auditor’s update, as it draws a promising image of the excessive liquid encryption currency.
