Following the weakness based at the end of May, the cryptography market should resume its Taurus rally in June.
Unsurprisingly, the hyperliquid (hype) became one of the best interpreters early with a strong escape on Monday.
The price of media threshing is currently negotiated at $ 36.34, with a market capitalization of $ 12.14 billion, already up 12% since the beginning of June.
The hyperliquid price forecasts of the main analysts remain clearly optimistic for June, some highlighting $ 50 as the next price target.
However, investors away – in particular lever traders – should identify key membership areas to avoid entering the resistance.
There is also a concern as to whether it is too late to invest in the media and if new low capitalization assets can provide higher yields.
Hyperliquid price prediction – What is the height of the media in June?
The hyperliquid is back among the best performers at the slightest suspicion of a broader market resumption, which indicates strong latent demand.
The media beaten again broke out – both above its downward trend line as well as the level of resistance of $ 35.80.
The media beaten even managed to retest the level of $ 35.80 and seems to have returned it to a level of support. The next price objective for Altcoin is a new top of $ 50 – which, according to many experts, is achievable in June.
Unsurprisingly, smart money and deep pocket investors buy it at the current market price, ensuring that they are not missing the next target of hyperliquid.
The chain data data platform reported a whale purchased $ 4 million in media threshing today, on Tuesday, at an average price of $ 36. It also opened a 4x lever effect on the token.
This whale has already reserved $ 361,000 in profits from the beaten media, adding weight to its trading signals.
Likewise, the best traders on the hyperliquid trading platform are either long on the beaten, or reducing their short positions, confirming its bull trend, data from Whale Watch Perps revealed.
Hyperliquid continues to prove as a fundamentally strong investment, far from being just another Shitcoin focused on media. In fact, it was the highest application generating income throughout the crypto in May – its third consecutive month at the top.
Meanwhile, Hyperliquid also reached a high monthly trading volume in May, while representing 74.97% of the total volume of decentralized perpetual exchanges.
To top it off, the layer-1 piece recently obtained a list of future in Binance, with its lists of Coinbase points and binance descending the pipeline.
As mentioned above, hyperliquid price forecasts for eminent analysts remain clearly optimistic. Trader 800.HL (@degenquant) popular claims that beaten media will reach $ 50 in June.
Considering that the hyperliquid price has managed to retest the level of resistance of $ 35.80 an excellent purchase opportunity for the investors sidelined. Assuming that market conditions remain optimistic, the media threshing could be on the right track to reach its price of June 50 courses.
However, if the media threshing does not form a new summit of all time – above the current $ 40 ATH – in the coming days, it would create a downward head and shoulder scheme and could cause a net sale.
Consequently, hyperliquid could currently be a better game for leverage traders rather than spot buyers, who could find much higher yields elsewhere.
Could Solaxy provide 10x yields?
The return of the Haussier market euphoria in early June promises the ideal backdrop for low capitalization jewels.
For example, the first part of Solana Layer-2 prominent, SOLAXY (Solx)should be launched in mid-June, which creates a whole buzz among whales and hunters with low capitalization.
Prévente Solx has already raised nearly $ 44 million, which signals high demand and its high increase potential. He recorded a plethora of high -hungry -high investments, often the best indication of excellent prospects.
Meanwhile, the Solaxy Layer-2 Testnet was posted on Monday, the development is currently moving before the calendar. The chain will be fully operational by June 2025.
The SOLAXYSTED SUPPLY SOLUSE SOLUX PROVES RAPIDE AND GOOD TRANSAGES, DIVERS DE -DESS and An exponential scalability on Solana, even during the heavy congestion periods of the network. In fact, experts believe that this could be a key element in the long -term Solana ecosystem.
The Solx presale ends on June 16, the token should be launched on level 1 exchanges a few days later. Since the IEO is planned in the middle of a full -fledged bullish market, the Solaxy price could see an explosive rally as soon as the door is released.
Several influencers even called it the next 10x crypto.
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