The price of HyperleliQuid has risen this week, and it has been hovering at its highest level since March 6, as the folder tries to recover. The noise code rose to $ 14.95 on Friday, an increase of 60 % of its lowest point this month. This makes it one of the best coins in April.
The high size of the liquid rises again
Hyperleliid is the largest player in one of the best areas in the encryption industry: permanent future contracts. Permanent futures are similar to other futures in the stock market, with the only difference is that they have no expiration date. It also uses the leverage to increase the returns. Most notably, one can keep this PERPS for a long time as long as they can maintain the requirements of the margin.
The size of Hyperleliid has been putting pressure in the past few weeks as investors are concerned about his business. Some critics have warned of social media that it collapses like other companies in industry such as FTX. The risk is whether he can maintain its liquidity in the high fluctuations in the encryption industry.
Hyperiviid challenges rose after the company decided to close and account Jelly, a new Mimi currency, indicating the market treatment. This crisis prompted some people away from its network.
However, there are signs that the volume of storage on its network is roaming. While the daily size decreased by 42 %, the change has jumped for seven days by 24 %. It has dealt with more than 7.14 billion dollars in the past 24 hours and $ 58 billion in the past seven days. This gives it a 60 % market share in this industry.
Other permanent futures exchanges such as Jupiter, GMX, SYNFUTERES, and the edge of the top of the head are much lower than the hyperlooking liquid handles.
One of the main risks facing investors is the liquid to start the daily distinctive symbol in November. Today, there are 333 million icons of noise circulating for 999 million total offer. From November 29, the network will cancel 216,580 noise codes of $ 3.23 million a day until 2028.
The opening of the distinctive symbol is seen as very declining because it increases the number of symbols circulating.
A potential stimulus faced by noise is that the main central exchanges will begin to be included later this year. There was no exchange of Tier-1 noise, as most of the size occurs in Bitget, Mexc, Gate and Kucoin. It has exchanged like Coinbase and Binance, all avoid recounting the distinctive symbol.
Technical analysis of excessive liquid prices
The noise graph before Tradingvief
The fee for four hours shows that the noise price has been recovering in the past few days, as it has moved from the lowest level in 9,2560 dollars, on April 7. It moved higher than the decline in Fibonacci by 23.6 % at $ 13.80.
The currency moved to the highest level of the main resistance at $ 14.45, its highest point on April 2. It has also moved higher than the moving average for 25 days, while the RSI indicator has been tilted up.
The distinctive symbol is likely to continue as Bulls targets the level of decline by 50 % at $ 18.90, which is more than 25 % over the current level.
The prediction of post -noise prices aims, as the excessive distinctive symbol aims to increase 25 % on Invezz
