The crypto market is brimming with opportunities as Hyperliquid (HYPE) gains 9.12%, targeting $25.90 resistance, and Ethena (ENA) surges 24.99%, breaking key trendlines to aim for $1.30.
Meanwhile, Crypto All-Stars ($STARS) presale hits $17.67M with just 4 days left, offering 163% APY staking rewards.
These tokens present strong growth potential as 2024 approaches, drawing investor attention.
Hyperliquid (HYPE) Surges 9%: Bullish Momentum Targets $25.90 Resistance
Hyperliquid (HYPE) has surged 9.12%, trading at $24.91, backed by strong buying pressure and a decisive bullish engulfing candle on the 2-hour chart.
The price has confidently moved above the $23.95 pivot point, now acting as immediate support. If momentum holds, resistance at $25.90 could be breached, potentially propelling HYPE toward $27.12 and $28.36.
Technically, HYPE remains bullish, supported by an ascending trendline at $22.08 and the 50 EMA at $20.60. The Relative Strength Index (RSI) sits at 65.54, indicating robust buying sentiment but nearing overbought levels. Traders should monitor a breakout above $25.90 for sustained upward movement.
Key Insights
- Immediate Resistance: $25.90; next levels: $27.12 and $28.36.
- Support Levels: $23.95, $22.08, and $20.04.
- Indicators: RSI at 65.54 shows strong buying momentum; 50 EMA supports the trend at $20.60.
Ethena (ENA) Breaks Trendline, Targets $1.30
Ethena (ENA) has soared 24.99%, reaching $1.23 on robust trading volume of $1.16 billion. A breakout above a key upward trendline on the 4-hour chart reinforces bullish momentum. The immediate resistance lies at $1.23, with targets set at $1.30 and $1.37.
The formation of a bullish engulfing candle near $1.14 solidifies buying confidence, while support levels at $1.14, $1.08, and $1.02 (aligned with the 50 EMA) provide a safety net. The RSI at 73.35 signals overbought conditions, but momentum remains strong above $1.23.
Key Insights
- Immediate Resistance: $1.23; Next: $1.30, $1.37.
- Support Levels: $1.14, $1.08, $1.02 (aligned with 50 EMA).
- RSI: At 73, showing overbought potential but maintaining bullish momentum.
Crypto All-Stars ($STARS) Presale Surges to $17.67M: Final 4 Days to Buy
Crypto All-Stars ($STARS) is closing in on launch, raising $17,667,614 with just 4 days remaining in its presale. Its MemeVault feature allows staking of leading tokens like $DOGE, $SHIB, and $PEPE, offering 163% APY returns.
Audited by Coinsult, $STARS ensures security and user-friendly functionality, appealing to both newcomers and experienced investors.
Analysts predict an 11x growth in 2024, targeting a price of $0.02 from its current presale price of $0.0016782. Influencer endorsements, including ClayBro, continue to boost investor interest.
Key Details:
- Presale Raised: $17,667,614
- Staking Rewards: Up to 163% APY
- Current Price: $0.0016782 per $STARS
- Presale Ends: 4 days
This final presale phase presents an opportunity for investors to secure $STARS before launch. Stay connected with $WEPE on Twitter and Telegram.
The post Best Crypto to Buy Now 15 December – Hyperliquid, Ethena, Crypto All-Stars appeared first on Cryptonews.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.