Trading King
11/30 07:01
Hype (HYPE) Price Prediction
Hype (HYPE)
HYPE tried to break the resistance at $35, but failed. This is why the price only managed to close higher by 1% this week. Because of this weakness, the price could fall lower later.
The most important support level is found at $30. This has held well during its last test on November 22nd. However, if the resistance at $35 is not broken soon, then sellers may push HYPE back to the key support.
Looking ahead, HYPE remains in a clear downtrend with lower lows. Until this changes, sellers have the upper hand and they may put more pressure if buyers don’t show up here.
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