HYPE Price Teeters Amid Weak Technicals and Soaring Liquidations
Highlights
- HYPE price has crashed into a bear market after plunging by over 40% from the YTD high.
- It recently moved below a key support and invalidated the megaphone pattern.
- Hyperliquid network is losing market share to other newer perpetual futures exchange.
HYPE price has crashed by over 40% from its highest point this year amid the ongoing crypto market plunge. This plunge my accelerate as Hyperliquid market share shrinks and as liquidations remain at an elevated level.
Frequently Asked Questions (FAQs)
1. What is the most likely HYPE price prediction?
2. Why is the Hyperliquid price crashing?
3. Is Hyperliquid perpetual DEX at risk of losing market share?
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