HIPE Price of Double DNA as a hyperlicuid volume volume

The hyperlicuide token decreased to a crucial level of support as a volume at her constant decentralized trading platform that fell.

Hyperliquid (Hyper) Fell on a low level of $ 12.10, notable level because it was the lowest level 13. March. His market hat fell from over $ 9.7 billion in December to $ 4.43 billion.

Defi Llama The data show that the scope of the cryptocurrian traded on its network again declined again in March. He processed more than $ 159 billion in volume, up to $ 187 billion in February and 197 billion in January.

Hyperliquid has now processed the cumulative volume of dollars of 1.16 trillion, which makes it the largest gearbox in the industry. Jupiter (Yup), his biggest competitor has shown $ 268 billion in cumulative scope.

The total volume of property traded in all decentralized constant futures platforms has also been reduced in March. They processed over $ 275 billion of property, in January of $ 367 billion.

A similar trend occurred on the spot, where all DEX networks have processed $ 243 billion, compared to $ 564 billion in January.

This play happened as Bitcoin (Btc) And most Altcoins lost their swing and pulled. Historically, the strength is handled in centralized and decentralized exchanges the decline when the crypto costs of a rotary.

The price of the hype also fell in the middle of criticism about how to handle Jelly, new memoric. The merchant opened two long positions on the wish worth about $ 4.1 million, and then put additional $ 4.1 million in short positions in relation to those long.

These reeds pushed the Jelliva price by 400%, which resulted in a great loss for the Treasury of the Hyperlication Provider. Hyperlikuid later performed the token, activating the return from the community. The platform has since promised to catch up affected users.

Technical analysis of the hype price

The four-wheel chart shows that hyper fell and the bottom to $ 12.11 on Monday. This level is significant because it agrees with the lowest momentum, forming a double sample with a cleaver to $ 17.26, 24. Marta. The double bottom is the usual belt of the barren reversal signal.

Two MACD lines formed a crossover bakara, while the BBTrend indicator fell on minus 25.13. Bbtrend measures spread between external lines of Bollinger Band indicators.

Therefore, the price of hyperlikiid will probably turn back and may have hit a resistance point to $ 17.26, which is about 31% above current level. The fall below the double-bottom level will focus on more shortcomings.