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Top Cryptocurrencies to Consider Purchasing on December 15 – Hyperliquid, Ethena, Crypto All-Stars
The cryptocurrency market is filled with prospects as Hyperliquid (HYPE) increases by 9.12%, aiming for a resistance level of $25.90, while Ethena (ENA) rises by 24.99%, surpassing significant trendlines to target $1.30.
At the same time, the presale for Crypto All-Stars ($STARS) has reached $17.67 million with only 4 days remaining, providing staking rewards of 163% APY.
These tokens exhibit considerable growth potential as 2024 nears, capturing the interest of investors.
Hyperliquid (HYPE) Rises 9%: Bullish Momentum Aims for $25.90 Resistance
Hyperliquid (HYPE) has risen by 9.12%, currently trading at $24.91, supported by strong buying activity and a significant bullish engulfing candle on the 2-hour chart.
The price has decisively moved above the $23.95 pivot point, which now serves as immediate support. If the momentum persists, the resistance at $25.90 may be surpassed, potentially driving HYPE towards $27.12 and $28.36.
Hyperliquid (HYPE) Price Chart – Source: Tradingview
From a technical perspective, HYPE remains in a bullish position, supported by an ascending trendline at $22.08 and the 50 EMA at $20.60. The Relative Strength Index (RSI) is at 65.54, indicating strong buying sentiment but approaching overbought territory. Traders should keep an eye on a breakout above $25.90 for continued upward movement.
Key Insights
- Immediate Resistance: $25.90; subsequent levels: $27.12 and $28.36.
- Support Levels: $23.95, $22.08, and $20.04.
- Indicators: RSI at 65.54 indicates strong buying momentum; 50 EMA supports the trend at $20.60.
Ethena (ENA) Breaks Trendline, Aiming for $1.30
Ethena (ENA) has surged by 24.99%, reaching $1.23 with a strong trading volume of $1.16 billion. A breakout above a crucial upward trendline on the 4-hour chart reinforces bullish momentum. The immediate resistance is at $1.23, with targets set at $1.30 and $1.37.
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Ethena (ENA) Price Chart – Source: Tradingview
The emergence of a bullish engulfing candle near $1.14 enhances 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 indicates overbought conditions, yet momentum remains strong above $1.23.
Key Insights
- Immediate Resistance: $1.23; Next: $1.30, $1.37.
- Support Levels: $1.14, $1.08, $1.02 (aligned with 50 EMA).
- RSI: At 73, indicating overbought potential while maintaining bullish momentum.
Crypto All-Stars ($STARS) Presale Reaches $17.67M: Last 4 Days to Purchase
Crypto All-Stars ($STARS) is nearing its launch, having raised $17,667,614 with only 4 days left in its presale. Its MemeVault feature allows staking of leading tokens such as $DOGE, $SHIB, and $PEPE, offering returns of 163% APY.
Audited by Coinsult, $STARS guarantees security and user-friendly functionality, appealing to both new and seasoned investors.
Analysts anticipate 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 enhance 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 offers an opportunity for investors to acquire $STARS before its 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.
