$HYPE is trading near $89–$90, showing solid recovery momentum after defending the $85–$87 support area. 📈
A key bullish development: Hyperliquid’s 3.75M HYPE team-token unlock is being handled through an OTC deal with an institutional buyer, not through open-market selling. This may reduce immediate sell-pressure concerns. ⚡
Key levels to watch: ✅ Support: $86–$87 🔼 Resistance: $93–$95
A strong move above $93 could bring $98–$100 back into focus. But if HYPE loses $86, short-term downside pressure may return. 📊
Current view: Cautiously bullish while price holds above $86.
💬 Do you think $HYPE can break above $93 next? ❤️ Like this post if you are watching HYPE ➕ Follow for more simple crypto market updates
$XRP XRP Market Update: Price Under Short-Term Pressure
XRP is trading near $1.48–$1.49, down around 2% in the last 24 hours. The price moved between $1.47 and $1.53, showing short-term selling pressure across the market.�
XRP needs to reclaim $1.50 to improve momentum. A move above $1.53–$1.57 could bring buyers back, while losing $1.47 may expose the $1.40–$1.37 support area.