Markets· ★★★· bearish·

HYPE slips below key averages as Hyperliquid courts Washington

  • —HYPE at $79.30 sits below the 20-day EMA of $83.60 and 50-day EMA of $82.85
  • —The token lost the 0.382 Fib level at $80.21; next support is $74.66
  • —RSI at 39.67 shows sellers in control for a second week
  • —US access plan via Payward and Bitnomial still pending regulatory approval
Why it matters: Regulated US access would feed the fee-driven HYPE buybacks and builder staking that underpin the token's value.
Source: Crypto News Flash