Can RADIX crypto survive its founder? Price falls 40% in 24 hours
Radix Network's Uncertain Future: The Radix network faces challenges following the death of its founder, Dan Hughes, which has led to a significant drop in token price and uncertainty regarding upcoming projects like the Hyperscale mainnet and Hyperlane multi-chain bridge.
Tokenomics and Community Engagement Issues: The network struggles with supply issues and potential selling pressure due to a proposed rewards program that could increase circulating supply, alongside ongoing concerns about token distribution affecting market performance.
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Technical Analysis for HYPER
Technical Sentiment Analysis for Hyperlane (HYPER). As of , Hyperlane (HYPER) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for HYPER stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, HYPER is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Hyperlane (HYPER) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0515 | 0.0657 | 0.0828 | 0.097 | 0.114 | 0.128 | 0.145 |
| Fibonacci | 0.0657 | 0.0777 | 0.0851 | 0.097 | 0.109 | 0.116 | 0.128 |
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