Altcoins News

Story: Hyperliquid Holds Near $59.5 as Chainlink, Shiba Inu, and Stellar Flash Mixed Signals

By Bruce Buterin

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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…

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Chainlink Builds Higher Highs After $7.20 Bottom. Chainlink's setup is probably the cleanest of the bunch. After bottoming near $7.

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Stellar Stuck in a Tight Range. Stellar is going nowhere fast. The token is trading around $0.

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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…

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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.

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Not exactly a comfortable place to be holding.

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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.

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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.

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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…

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More context: Shiba Inus Shytoshi Kusama Goes 74 Days Dark on X as SHIB Burns Climb

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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.

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Still, the structure looks better than it did a month ago.

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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.

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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.

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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.

The Currency Analytics

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