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Hype Price Nears $40 Resistance as Bulls Eye Strong Momentum Ahead
Hype Price Nears $40 Resistance as Bulls Eye Strong Momentum Ahead
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BTCCSquare news:
HYPE's price surged to $38.03 amid rising trading volume and investor interest, fueled by broader market recovery. Analysts identify the $30–$40 range as a critical accumulation zone, with a decisive breakout above $40 potentially accelerating momentum toward all-time highs.
The token's 24-hour trading volume hit $550.7 million, with an 8.14% price increase despite recent volatility. Market watchers note strategic support at $30 and mid-range entry points NEAR $35 as attractive for mid-to-long-term positions.
Crypto analyst Posty emphasizes the significance of the $30–$40 range, drawing attention from traders anticipating the next bullish phase. HYPE's market capitalization now stands at $12.64 billion as it tests key resistance levels.
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