HYPE Price Gains Bullish Momentum, But A Key Factor Is Missing | Airdrop Alert Pro

HYPE has been slowly recovering after a sharp correction, but broader market conditions suggest that may soon change.

While prices are showing signs of improvement, a stronger upward trend will depend on increased investor participation and confidence, which remains a key missing factor.

Lack of support from ultra-liquid investors

HYPE’s Moving Average Convergence Divergence (MACD) has a bullish crossover for the first time in a long time. This shift in the MACD comes after a slight recovery in prices in recent days, suggesting that bullish momentum is starting to revive and could strengthen further on market support.

A bullish crossover on the MACD is a positive indicator that signals a potential trend reversal. if HYPE maintain Along with its upward trajectory, renewed momentum may attract more investors, building confidence in the cryptocurrency’s near-term performance.

Despite recent price gains, HYPE’s Chaikin Money Flow (CMF) indicator remains below the zero line. This reflects weak inflows and suggests that while the market is starting to stabilize, there is still a lack of significant investor participation. Sustained price growth requires stronger financial inflows.

for Hype to advance As it recovers, investors will need to pour more money into the asset. Without sufficient inflows, the current momentum may stall and the cryptocurrency may struggle to establish a solid upward trend.

HYPE Price Forecast: Hindering Growth

Price of HYPE It’s up 8% over the past few days, an early sign of recovery. However, that gain only offset about half of the nearly 20% pullback from the previous week, leaving more room for a full rebound.

HYPE is currently holding above support at $19.47 and is targeting a break above $23.20. Converting this resistance into support could pave the way for a rally towards $29.85, allowing the cryptocurrency to recoup its recent losses and consolidate its upward momentum.

if Hype fails Due to insufficient inflows, a break above the $23.20 resistance may lead to a pullback to test the $19.47 support. Losing this level would invalidate the bullish outlook, potentially causing further losses and eroding investor confidence.