The crypto market is approaching a decisive phase, where some tokens are facing resistance while others find support at key levels. On the agenda are two major tokens: Hyperliquid (HYPE) and XRP (XRP).
Hyperliquid: A Breakout on the Horizon
News around Hyperliquid (HYPE) accumulation is gaining traction as institutional demand supports the token near the $48 resistance level. Major trading firms like Paradigm and Galaxy Digital are stacking positions, which may bolster the bullish case.
From a technical perspective, HYPE is coiling within an ascending triangle, indicating rising buyer interest. A breakout above $48 could open the way to price levels between $70 and $90.
XRP: Defending a Key Level
XRP price analysis reveals that the token is consolidating in the range of $3.00 to $3.30. Bulls are actively defending the $3.00 level, indicating strong buying interest. However, breaking above $3.30 has proven to be a challenge.
Short-term sentiment shows caution, with net long positions declining, creating a tense atmosphere. The next key moment will depend on whether XRP can break through the $3.30 level.
Cold Wallet Presale Momentum.
Meanwhile, Cold Wallet is drawing attention with its successful presale, which has already raised $6.4 million at Stage 17 with a token price of $0.00998. The funding structure features gradual price increases at each stage, rewarding early participants. Its unique cashback mechanics and referral system are also fueling investor interest.
The crypto market is rife with intriguing moments. Hyperliquid and XRP are positioned at critical levels, making them appealing for trading. On the other hand, Cold Wallet offers a unique growth model focused on long-term outcomes and cashback.
