Hyperliquid sets of over $ 20 as a new interest function

After weeks in the side, hyperlikuid regained $ 20 level, suggesting a possible shift in swing.

Principed Bunci Gornji Band Sidring Bollinger can be seen on the daily, with a price now tests the top range. The relative power index is seated at 62.91, showing that Bullish’s swing, but not yet in the competent territory. Although there was still no clear interruption, the constant amount shows that the recent move has strong support.

Movable average divergence convergence is in the purchase zone and hyperliquid (Hyper) still trades before 50-day average movement. All in all, the momentum is gradually increasing, but most oscillators are still neutral. If the bulls can hold over $ 20, the next target could sit between 21 and 22 dollars. Rejection at instant levels, however, can bring price to the $ 18 zone.

This recovery coincides with an increase of 12% in open interest in token, according to coeinglas data. April trading volume amounted to $ 4.01 billion, a little more than four billion dollars for march. To $ 289 million, the total locked value is still more than 50% lower than its peak in February, which was about $ 700 million, according to the defiles data. Reducing the trust of users or rotation of capital can be stated by this sharp drop, together with the slowdown of stablecoin inflows.

Hyperliquid recent updates can explain the part of the renewed interest. 21. April, Integrated with Cipher, Web3 passage of payment, allowing users to conduct a point and a permanent balance on over 100 million retailers around the world. The Cipher card can be used in more than 150 countries and has support for Apple and Google Plat. Wrapped Testet StableCoin, Vhlusdc, also went live.

Looking forward, hyperliquid will overturn the new fee and which will be advocated System 5. May. Users who can earn a hype share in the range of 5% to 40%. The spot and the permanent amount will be calculated together, with weighted points weighted.

Hyperliquid will also allow you to connect an order to put and trading, a new feature that adds flexibility, but cannot be undone once. Does the hype hold above $ 20 may depend on how traders answer these changes.