HYPE down 22% from record highs: Will spot demand revive the uptrend?
CoinTelegraph·
60-second summary
HYPE price drops 22% from record highs, nearing a key support zone where fading selling pressure collides with shrinking futures market activity. This convergence may stabilize HYPE, potentially reviving the uptrend above $60. Market sentiment remains cautious, but a rebound in spot demand could revive investor interest in the altcoin.
HYPE price drops near a key support zone where fading selling pressure collides with shrinking futures market activity. Will the altcoin resume its uptrend above $60?