- Despite a 1.0% dip, HYPE could rally toward $18.89 – $22.12 if momentum shifts.
- DOGE at $0.1681 faces selling pressure but may rebound if buyers hold $0.1650.
- SHELL’s 10.9% drop signals uncertainty, with resistance at $0.3374.
Currently,the crypto market has experienced notable fluctuations recently, reflecting a mix of bearish trends and selective gains.All three tokens—HYPE, SHELL, and DOGE—are currently experiencing downward trends. While some assets show resilience, overall sentiment leans bearish as traders await potential breakout signals.
HYPE Eyes Breakout Amid Bearish Pressure
The Hyperliquid (HYPE) token is currently priced at $13.45, reflecting a 1.0% decline in the last 24 hours. HYPE is trading with the support at $12.92 and its resistance is trading at $14.01 showing a moderate fluctuation.The fact that the price is currently sitting closer to the lower end of the range suggests a potential bearish sentiment in the market.
As Hyperliquid surpasses $1 trillion in trading volume, its impact on decentralized finance (DeFi) continues to attract attention. If this pattern holds, analysts suggest that $HYPE could enter an uptrend, with potential price targets reaching new highs. Resistance levels are expected near $18.89 and $22.12, while a more optimistic projection extends to $20.
DOGE and SHELL Face Selling Pressure Amid Market Volatility
Dogecoin (DOGE) is currently trading at $0.1681, reflecting a 3.38% decline in the past 24 hours. Dogecoin is approaching a potential support level around $0.1650. If buyers step in at this point, the price could rebound toward the $0.1750 – $0.1800 range in a bullish scenario.
Moreover,SHELL token is priced at $0.2998, reflecting a significant 10.9% decline.The 24-hour price range shows a low of $0.2935 and a high of $0.3374, suggesting notable volatility. The downward trend in price suggests potential selling pressure, reduced demand, or broader market corrections impacting its valuation.
HYPE, SHELL & DOGE Face Bearish Trends with Mixed Outlooks
According to analyst TATrader_Alan,Doge is repeating the Consolidation at the previous tops with the price history revealing similarities between the current market phase and a previous consolidation period. In the past, $DOGE experienced prolonged accumulation at key resistance levels before making notable upward moves. A similar setup appears to be developing in the present market cycle, with Dogecoin once again consolidating near a historical resistance level.
The overall market sentiment for HYPE, SHELL, and DOGE remains bearish, with each token facing key support and resistance levels that could dictate future price movements. HYPE shows potential for an uptrend to $ 13.37 if momentum shifts while MyShell is predicted to rise and reach $ 0.305281. DOGE is grappling with selling pressure with DOGE predicted to decline to $ 13.37.
