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Altcoins & DeFi

Hyperliquid (HYPE), XRP, Cardano (ADA) and Zcash (ZEC) Price Analysis For October 30: Market Picture Is Distorted

Image: U.Today

Hyperliquid (HYPE) momentum is bullish again, trading at $90.36 following a recovery from its October correction. The latest price movement indicates buyers are regaining control , with HYPE breaking above several key moving averages and approaching crucial resistance levels. After reaching approximately $97.50 in late September, HYPE experienced a correction toward the $75–$77 support zone. Buyers successfully defended this region, establishing a potential higher low within the broader bullish trend. The subsequent recovery has pushed prices above the $82–$85 resistance area, reinforcing the possibility of further upside continuation. Technical indicators support the improving outlook. HYPE is trading above its short- and medium-term moving averages, while longer-term averages maintain an upward trajectory. The Relative Strength Index (RSI) has recovered toward 60–65, indicating strengthening buying pressure without signaling extreme overbought conditions.

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