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Hyperliquid is sitting right on the edge. The token trades at $59.5, barely above its 100-day exponential moving average — a level that’s held up as solid support through previous uptrends. It’s a line that matters.
After a June rally pushed HYPE close to $75, the chart has been ugly. A string of lower highs followed, and the price slipped under both the 26-day and 50-day EMAs. Short-term pressure is real. But sellers haven’t cracked $57.5, and that’s probably the most important number right now. If buyers can hold that floor, the next targets are the higher EMAs sitting at $62 and $64.3. A move back through those levels would flip the near-term mood fast. A break below $57.5, though? That opens a much longer drop, possibly testing the 200-day EMA somewhere around $50. The market’s basically waiting to see which side blinks first.
Not exactly a comfortable place to be holding.
Shiba Inu Breaks Above Key Moving Averages
Shiba Inu had a pretty dramatic session. Volume surged past 2 trillion SHIB — that’s a big number — and the price punched through both the 26-day EMA at $0.00000445 and the 50-day EMA at $0.00000448. Those are now sitting below price, which is the kind of structure bulls want to see.
The problem is the 100-day EMA at $0.00000504. Sellers showed up hard around that level, leaving a long upper wick on the candle. That wick is a warning sign. It means buyers tried to push through and got rejected. The RSI is sitting near 65, so buying interest is clearly there — but 65 is also getting close to territory where things can stall out. The real test is whether SHIB can turn that 100-day EMA from resistance into support. If it can, the 200-day EMA at $0.0000060 becomes the next logical target. If sellers keep defending that zone, the recent breakout probably fades.
Unclear yet which way it goes.
Chainlink Builds Higher Highs After $7.20 Bottom
Chainlink’s setup is probably the cleanest of the bunch. After bottoming near $7.20, LINK has been grinding out higher highs and higher lows — exactly the pattern you want to see in a recovery. It’s now trading at $8.72, just above the 26-day EMA, and it already cleared the 50-day EMA on the way up.
Volume has been rising alongside the price move, which matters. It separates a real trend from a short squeeze that falls apart in a week. The immediate focus is the resistance band between $8.80 and $9.00. A clean daily close above that range puts $10 in play — and $10 isn’t just a round number here. It was a congestion zone back in May, so there’s real historical weight to it. But the 200-day EMA is still hanging overhead as the bigger hurdle. Until LINK gets above that, calling it a full trend reversal is probably premature.
Still, the structure looks better than it did a month ago.
Stellar Stuck in a Tight Range
Stellar is going nowhere fast. The token is trading around $0.181, wedged between its 26-day, 50-day, and 100-day EMAs in a tight cluster. After a surge to $0.30, volatility has basically collapsed. Volume has been declining since June, which isn’t a great sign — it means fewer people care enough to push price in either direction.
The RSI is near 44. That’s about as neutral as it gets. No real buying pressure, no real selling pressure. Just a market sitting on its hands.
The levels to watch are $0.186 on the upside and $0.175 on the downside. A breakout above $0.186 would be the first real signal that bulls are back in charge. A drop below $0.175 probably kicks off a fresh leg lower. Right now, neither side can assert dominance — the moving averages are basically acting as a ceiling and a floor at the same time, creating a balanced but fragile structure.
Traders seem to be waiting for a catalyst that hasn’t shown up yet.
The broader picture across these four assets is a market that’s kind of stuck between two narratives. There’s enough buying interest to prevent outright collapses — HYPE’s $57.5 floor, SHIB’s EMA reclaim, LINK’s higher lows — but not enough conviction to break cleanly higher. Chainlink’s $8.80-$9.00 resistance band is the clearest near-term line in the sand.
Frequently Asked Questions
What price level is Hyperliquid currently trading at?
Hyperliquid is trading at $59.5, just above its 100-day exponential moving average, with key support at $57.5 and resistance targets at $62 and $64.3.
What does Shiba Inu’s RSI reading near 65 mean for traders?
An RSI near 65 on SHIB’s chart shows strong buying interest, though it also puts the token close to levels where momentum can stall, especially with sellers defending the 100-day EMA at $0.00000504.
What is Chainlink’s key resistance zone right now?
Chainlink faces resistance between $8.80 and $9.00; a daily close above that range could push LINK toward $10, a level that also served as a congestion zone in May.
