Several altcoins are capturing investor attention as they approach critical technical levels, setting the stage for a potential breakout or breakdown. The recent performance of Hyperliquid (HYPE), Toncoin (TON), Shiba Inu (SHIB), and Pi Network (PI) in particular points to growing bullish sentiment, but each faces a distinct test in the days ahead. Hyperliquid (HYPE): Volume Surges as Price Nears Key Test HYPE has surged nearly 8% in the past 24 hours, climbing to $37.93. Volume has also jumped by over 31%, signaling strong buying interest. The token’s price behavior suggests a solid uptrend, with consistent higher highs and higher lows. Following a consolidation between $36.00 and $37.00, it broke upward to test the $38.00 resistance. Source: CoinMarketCap This $38.00 level is a significant threshold. A clean break above could push HYPE toward uncharted territory. With a fully diluted valuation of nearly $38 billion, investors appear confident about long-term prospects. However, if a pullback occurs, $36.00 must hold to keep the bullish momentum intact. Related: 6 Altcoins Shine Green in a Red Market With Strong Relative Strength Toncoin (TON) and Shiba Inu (SHIB): Pushing Against Local Peaks TON has posted a modest gain of 3.5%, with price action hovering near the intraday high of $2.93. Importantly, this level has become a key short-term resistance. Price support at $2.85 and $2.70 provides a foundation for further upward movement if volume strengthens. Source: CoinMarketCap The lack of a surge in trading volume suggests cautious optimism among traders. If TON breaks above $2.93, it may target the psychological $3.00 mark. Related: 5 Altcoins Show Comeback Potential After Market Dip Source: CoinMarketCap Meanwhile, SHIB is riding a strong wave of momentum, gaining over 6% and maintaining higher lows. The price is approaching its resistance at $0.00001175. A breakout here could ignite another rally, possibly toward $0.00001200. Despite a slight drop in volume, the price trend remains bullish, backed by rising market cap. Pi Network (PI): A Steady Climb Toward a Crucial Breakout Pi Network has quietly built a steady uptrend, climbing nearly 6% to $0.5377. The token rebounded from below $0.50 and now flirts with the resistance level at $0.545. If it breaks above, $0.550 becomes the next likely target. Source: CoinMarketCap Significantly, volume has increased along with price, supporting the bullish setup. However, if the rally fades, the $0.520 support must hold to maintain momentum. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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