Hyperliquid Soars Toward $52+ on 300% Rally & DEX Volume Surge — ONDO Eyes $1.20 Breakout on RWA Buzz

Hyperliquid has captured significant attention with a dramatic surge, aimed at surpassing $52, fueled by a 300% rally and a spike in DEX activity. Meanwhile, ONDO is generating buzz with a potential breakout towards $1.20, driven by renewed interest in real-world assets. Discover which cryptocurrencies are poised for impressive growth in the current market landscape. Hyperliquid HYPE: Steady Gains and Crucial Support/Resistance Levels The HYPE coin recorded a modest gain of 3.09% over the last month and a significant rise of 25.78% over the past six months. Price action moved within a range from $21.20 to $42.08, showing periods of both calm and bursts in activity. The historical performance reflects a steady upward progression punctuated by moments of volatility. Market participants witnessed gradual build-up in buying interest, leading to observed growth while still grappling with fluctuations. This price progression indicates a market that has grown resilient over time, with gains accumulating slowly and reliably as investor sentiment improved. Current levels show the asset trading within a range that is closely monitored by buyers and sellers alike. The nearest resistance is at $51.47, while a clear support is at $9.73, providing a cushion against deeper declines. The overall price range extends between $21.20 and $42.08, emphasizing critical levels where buying or selling pressure could shift the balance. Indicator readings, including an RSI of 51.30 and momentum near -3.091, suggest neither bulls nor bears have full command, leading to a sideways market with no clear trend. This environment offers trading opportunities, such as accumulating positions near support, with plans to take profits at resistance. Traders may wait for a breakout above $51.47 or further dips toward support before committing to larger positions. Ondo Market Analysis: Key Levels in a Bearish Environment Ondo experienced a significant decline in price over the last month and six months, with a drop of approximately 21.93% in the past month and about 50.60% over the half-year. This downward trend illustrates mounting selling pressure and diminishing buyer interest, highlighting a consistent pattern of falling value. Technical indicators reflect a bearish sentiment, suggesting weakened momentum and a cautious atmosphere for traders. The overall market scenario indicates an environment where prices have steadily eroded. Currently, Ondo trades between $0.70 and $1.05, with key support at $0.57 and $0.21, while resistance levels are at $1.27 and $1.62. Bears appear to dominate, as reflected by negative indicators and low moving average scores, although oscillators indicate slight negativity. A clear trend is absent, confining price action within these levels. Traders may consider the lower support for potential short-term rebounds, but any drop below $0.57 warrants caution. Conversely, breaking above $1.27 could trigger a brief rally, though bearish pressure remains prevalent in the market. Conclusion HYPE has experienced a substantial rise, reaching towards $52 due to a significant 300% rally and increased DEX volume. ONDO is also showing strong potential, with market activity suggesting a possible breakout to $1.20. Both coins demonstrate promising growth fueled by their respective market dynamics. These optimistic trends highlight their strong performance and potential future gains. Investors may find these assets appealing as they continue to gain momentum. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Bitzo