Hyperliquid Poised To Breach $50 Hurdle As Staking Balance, Open Interest Rebound
Hyperliquid (HYPE) is navigating heightened volatility, trading above $46 on Monday. The native decentralized exchange (DEX) token recently tested support at $39.78, representing a 33% correction from its all-time high of $59.43 reached on September 18. Renewed growth in staking balances and open interest suggests potential momentum toward reclaiming the $50 threshold.
Assessing XRP Technical Outlook As Exchange Reserves Surge Amid Weak Derivatives
Ripple (XRP) edged higher on Monday, holding between key support at $2.83 and resistance at $2.92. This short-term bullish setup mirrors a broader crypto market recovery led by Bitcoin (BTC) and Ethereum (ETH) since Friday. Rising exchange reserves highlight stronger spot demand, even as derivatives activity shows signs of weakness.
Pi Network Price Forecast: PI Retreats As Bearish Sentiment Looms
Pi Network (PI) slipped nearly 2% on Monday, extending a cautious start to the week as waning social interest weighs on broader crypto market sentiment. The token remains under pressure, reflecting subdued buying activity in the near term.