HYPE falls 3.35% to $77.45, tests $74.89 support
- —Over 7 days HYPE lost 9.93%, but gained 31.62% over 30 days
- —RSI at 48 and MACD with a histogram of -1.58 point to weak momentum
- —Volume of $0.87 billion is 15.87% below the 30-day average
- —Key support is $74.89; a break would shift the target to the SMA-50 at $69.45
Why it matters: HYPE's correction reflects broad risk-off ahead of the Fed meeting: a break of $74.89 would increase pressure on high-beta altcoins.
Source: DiarioBitcoin