Why do the prices of liquid (noise) pump? “It is time for the second round,” the expert says.
HyperLiIID price showed impressive performance over the past day. With the currency achieved by 18.98 % in only 24 hours and the trading volume of 135 %, hyperlequid appeared as one of the highest performance assets.
The Crypto Expert McKenna statement led to X, “It is time for the second round,” and has fueled more speculation about the currency capabilities. This increase comes amid noticeable developments in the ecosystem of excessive effectiveness, which enhances its position as a prominent player.
Hyperleliid has achieved larger fee revenues than ETHEREUM last day – a major achievement of the platform. Investors note, with $ 1.6 billion now in the protocol.
Moreover, hyperliquid has reached the highest level (ATH) in the total fees created, where he recorded 1851391515 USD. These achievements indicate the increasing adoption and activity within the liquid terrorist network, which leads to the upscale feelings that have been observed in the movement of prices.
Also read: 4 reasons the offer price can explode soon: experts predict 13x hours
Noise
The HyperLeeliquid price scheme reveals the main trends that support the last upscale momentum. After a preliminary arrangement with a strong purchase activity, the price entered the standardization stage, and the formation of a horizontal range between $ 24.45 (support) and $ 26.45 (resistance).
Moreover, the outbreak occurred higher than the resistance level, characterized by a strong upscale candle. Fracture of prices above resistance shows that buyers are getting more confident, and prices may continue to rise.
Watch $ 26.45; This is where the noise price collapsed. If the price decreases to this level, buyers may interfere there. Another important price for viewing is $ 24.45, which has been supported as support. The ongoing step exceeding $ 26.45 can indicate other gains, while the decline to the range may indicate a return to monotheism.
Pisces and market morale
More investors have been purchased recently. You can see this in high trading volume and strong Blockchain data. When McCena Tweet on this topic, this made more people excited about currency capabilities, and bring more merchants.
In writing, the noise is priced at $ 26.85. With the continued growth of the ecosystem and improved standards, the original traders monitor more developments.
Also read: Polygon (POL) can decrease
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