• Latest
  • Trending
Hyperliquid (HYPE) Price Risks Entering Stalemate, Hidden Bullish XRP Price Growth Signal, Will Bitcoin (BTC) Reach $80,000 Under This Trend? Crypto Market Review

Hyperliquid (HYPE) Price Risks Entering Stalemate, Hidden Bullish XRP Price Growth Signal, Will Bitcoin (BTC) Reach $80,000 Under This Trend? Crypto Market Review

April 23, 2026
Crypto-Aligned Fellowship PAC Bets Big on Texas Senate Race

Crypto-Aligned Fellowship PAC Bets Big on Texas Senate Race

April 23, 2026
Chainlink price forecast amid Bridgetower’s $11B tokenization boost

Chainlink price forecast amid Bridgetower’s $11B tokenization boost

April 23, 2026
UMXM is available for trading!

UMXM is available for trading!

April 23, 2026
U.S. arrests soldier for Polymarket bets on Nicolas Maduro raid he participated in

U.S. arrests soldier for Polymarket bets on Nicolas Maduro raid he participated in

April 23, 2026

Intel Corporation (INTC) Stock: Jumps on AI Growth and Data Center Strength

April 23, 2026
US DOJ Arrests Commando Involved in Maduro’s Removal Operation Over Insider Trading

US DOJ Arrests Commando Involved in Maduro’s Removal Operation Over Insider Trading

April 23, 2026
Blockchain Capital Targets $700M Crypto War Chest

Blockchain Capital Targets $700M Crypto War Chest

April 23, 2026
Altseason Is Not Coming? My 2026 Crypto Rules!

Altseason Is Not Coming? My 2026 Crypto Rules!

April 23, 2026
KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Shortfall

KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Shortfall

April 23, 2026
  • Privacy Policy
Thursday, April 23, 2026
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

Hyperliquid (HYPE) Price Risks Entering Stalemate, Hidden Bullish XRP Price Growth Signal, Will Bitcoin (BTC) Reach $80,000 Under This Trend? Crypto Market Review

J_News by J_News
April 23, 2026
in Crypto, Top News
0
Hyperliquid (HYPE) Price Risks Entering Stalemate, Hidden Bullish XRP Price Growth Signal, Will Bitcoin (BTC) Reach $80,000 Under This Trend? Crypto Market Review
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


After months of continuous downward pressure, Shiba Inu is exhibiting structural stabilization. Instead of printing aggressive lower lows on the price chart, SHIB has moved into a tight consolidation range that is slightly above recent local support. In the absence of confirmation from volume and wider market participation, this type of compression usually indicates seller exhaustion rather than a bullish continuation.

Shiba Inu breaks the threshold

Currently, the on-chain activity is more noticeable. With about 86 billion tokens successfully removed from centralized exchanges in a 24-hour period, SHIB recorded a significant negative netflow according to CryptoQuant-style metrics. More tokens are being withdrawn than deposited, as indicated by netflows deep in negative territory (-108 Billion range). 

SHIB/USDT Chart by TradingView

Since assets are being transferred into private wallets rather than set up for liquidation on exchanges, this typically indicates less immediate sell pressure.


Hyperliquid (HYPE) Price Risks Entering Stalemate, Hidden Bullish XRP Price Growth Signal, Will Bitcoin (BTC) Reach $80,000 Under This Trend? Crypto Market Review


Shiba Inu Sees 88% Surge in Usage, XRP Ledger to Break One Billion Threshold, BlackRock Buys $900 Million Worth of Bitcoin — U.Today Crypto Digest

Related articles

Crypto-Aligned Fellowship PAC Bets Big on Texas Senate Race

Crypto-Aligned Fellowship PAC Bets Big on Texas Senate Race

April 23, 2026
Chainlink price forecast amid Bridgetower’s $11B tokenization boost

Chainlink price forecast amid Bridgetower’s $11B tokenization boost

April 23, 2026

This narrative has been reinforced by a slight decline in exchange reserves. In general, lower reserves restrict the amount of supply available on trading venues, which can magnify price movements if demand increases. However, timing is crucial, and the market currently lacks strong directional conviction, so this by itself cannot ensure upside.

Influx of fresh inflows

A closer look reveals that while both exchange inflow and outflow metrics are high, outflows predominate. This implies active repositioning as opposed to passive holding. In the meantime, there has been a slight increase in active address data, but not to the extent that would suggest a significant influx of new participants. 

This configuration produces a conditionally bullish situation from a forward-looking standpoint. A sharper-than-expected breakout could occur if SHIB is able to combine declining exchange reserves with an increase in demand, particularly from retail flows returning to memecoins. On the other hand, even though the outflow data appears bullish, the asset is likely to stay range-bound if volume stays stagnant.

Hype around Hyperliquid

Hyperliquid is getting closer to a technically precarious area, where directional conviction is beginning to thin out and momentum is waning. The asset moved into the low-$40 range following a robust recovery from sub-$30 levels, but recent price action indicates that the rally is waning rather than picking up speed.

With a rising trendline and a position above important short-term moving averages, HYPE continues to be in a short-term uptrend on the daily chart. The structure is starting to compress, though. The price is now forming a series of tentative pushes into resistance around the $43-$45 region, rather than making clear higher highs. Usually, this type of behavior indicates fatigue rather than persistence.

You Might Also Like

Title news

At first glance, the RSI may appear neutral, as it is in the mid-to-high range without clearly entering overbought territory. In actuality, it indicates a lack of significant bullish pressure, buyers are still there, but they aren’t forceful enough to propel a clear breakout. However, sellers also lack total control.  

Volumes are changing

Volume backs up this theory. The level of trading activity has decreased since the initial breakout phase. Seldom is lower volume a bullish indication during consolidation close to resistance. It frequently comes before a rejection or a prolonged sideways range, particularly in situations where the general state of the market is not very encouraging.

Moving averages show that the macro trend recovery is still ongoing, because the 200 EMA is still much lower than the 100 EMA, which is beginning to flatten below price. The structure may rapidly deteriorate into a deeper pullback if HYPE is unable to stay above the short-term trendline and falls below the $38-$40 support area. However, worse does not always equate to a complete reversal.

XRP’s recovery possibility rises

The formation of a short-term moving average crossover on the daily chart is one of the more overlooked developments in XRP’s early technical signals of a possible recovery. When verified by price action, this setup frequently precedes changes in short-term momentum. The 26 EMA is currently pushing into the 50 EMA from below.

The price of XRP has stabilized and started to form a base following a protracted downtrend that pulled it toward the $1.30 area. The balance between buyers and sellers during this crucial sideways accumulation phase indicates that aggressive downside pressure has subsided.  

You Might Also Like

Title news

Context, however, matters. Both the 100 and 200 EMAs, which are still sharply sloping downward, are still above where XRP is trading. Therefore, any bullish signal from shorter-term averages should be interpreted as an early-stage development rather than a confirmed reversal, as the macro structure remains bearish. In other words, this is not yet a change in trend, but rather a change in momentum.

XRP is continuously testing nearby resistance while remaining in the mid-$1.40 range, failing to make a clear breakout. Although buyers are intervening, they are not yet powerful enough to move the asset into a higher trading range, as evidenced by the lack of strong follow-through.

Volume adds a layer to this analysis. In contrast to the steep decline earlier in the year, activity has been comparatively muted. Moving average crossovers can become less reliable if there isn’t a significant increase in volume, because there isn’t enough market participation to support them.

Still, it’s worthwhile to watch this setup. A wider recovery phase may be initiated if XRP is able to maintain above local support and the 26 EMA clearly crosses above the 50 EMA with increasing volume. The next significant test would be the 100 EMA if higher resistance zones were successfully regained.



Source link

ShareTweetShareShare

Related Posts

Crypto-Aligned Fellowship PAC Bets Big on Texas Senate Race

Crypto-Aligned Fellowship PAC Bets Big on Texas Senate Race

by J_News
April 23, 2026
0

The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether’s head of government affairs, reported spending more than...

Chainlink price forecast amid Bridgetower’s $11B tokenization boost

Chainlink price forecast amid Bridgetower’s $11B tokenization boost

by J_News
April 23, 2026
0

Chainlink price retested $9.50 as bears keep sentiment in check. Bridgetower has adopted Chainlink’s solutions to tokenize $11 billion in...

UMXM is available for trading!

UMXM is available for trading!

by J_News
April 23, 2026
0

We’re thrilled to announce that UMXM is available for trading on Kraken! Funding and trading UMXM trading is live as...

U.S. arrests soldier for Polymarket bets on Nicolas Maduro raid he participated in

U.S. arrests soldier for Polymarket bets on Nicolas Maduro raid he participated in

by J_News
April 23, 2026
0

The U.S. Department of Justice arrested a master sergeant with the Army on allegations he placed wagers on the raid...

Intel Corporation (INTC) Stock: Jumps on AI Growth and Data Center Strength

by J_News
April 23, 2026
0

TLDR Intel stock surges after earnings beat driven by strong AI demand Data center and AI growth lift Intel revenue...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • About Us

Top News

Payward to acquire Bitnomial, creating a fully CFTC-licensed derivatives platform

BItcoin’s Qunatum Resistance is Here, But Charles Hoskinson Questions It: Explaining Why

Report: NYDIG Close to Buying Alcoa’s Massena New York Smelter Site for Bitcoin Mining Operations

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us

© 2021 mtrushmorecrypto - Crypto Related News Blog