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Today's highest price prediction for Crypto Assets: SYRUP, VINE, HYPER
Bitcoin (BTC) further corrected before the weekend, currently reported at around 116,100 USD during the European session today (25th). Despite the weak performance of the Crypto Assets market, the altcoin market has seen some standout Tokens, including Maple Finance (SYRUP), VINE meme coin, and Hyperlane (HYPER), leading the market in gains.
SYRUP Price Prediction
The rise of SYRUP is attributed to a market rumor that a leading CEX cryptocurrency exchange announced trading support for the SYRUP token under Maple Finance in its Korean won, Bitcoin, and USDT markets. The listing of this token has sparked a surge in market demand for this altcoin.
On the daily chart, SYRUP is currently maintaining above the newly established support level of $0.59. Continued buying pressure may push the altcoin down towards the next key resistance level of $0.62. If it successfully breaks through that resistance level, it may pave the way for a retest of the historical high of $0.69.
However, if demand weakens and profit-taking accelerates, SYRUP may fall below the support level of $0.59 and give back recent gains.
(Source: Trading View)
VINE Price Prediction
After Musk hinted at the restart of the namesake short video app VINE, the price of the namesake VINE meme coin soared. VINE was created this year by Rus Yusupov, the founder of the now-defunct video platform. Vine was a beloved pioneer of short video content in the 2010s, and people's nostalgia for that era has made VINE the best-performing meme coin.
The rise of VINE is entirely attributed to celebrity news, leaving little room for technical discussion. Looking ahead, VINE must gain more recognition from the crypto Twitter community to have a chance of entering meme culture, especially now that dog-themed and frog-themed meme coins are regaining momentum.
HYPER Price Prediction
HYPER The recent pump occurred after the launch of Warp Routes 2.0, which is a powerful new liquidity layer designed to simplify cross-chain bridging and rebalancing. The core of Warp Routes 2.0 (HWR 2.0) is native liquidity rebalancing. This mechanism allows decentralized applications (dApp) and blockchains to connect assets from multiple source chains and automatically balance liquidity using the on-chain protocol Everclear.
Technical analysis of the HYPER/USDT chart on the 4-hour timeframe indicates that while the alts appear bullish, it remains in a murky state as the Hyperlane price hovers within the supply zone between $0.5131 and $0.6130.
The supply zone refers to an area in cryptocurrency trading where selling pressure is strong, potentially outweighing the momentum of buyers. However, as the price of HYPER remains above the average threshold or the midpoint of 0.5604 USD in the supply zone, the market is generally optimistic.
If the closing price of the daily chart is definitively above the mean on the four-hour chart, it may set the tone for the continuation of the HYPER price trend. If this move is successful, the HYPER price may return to the historical high of above 0.7053 USD, representing a 25% increase from the current level.
The technical indicators align with the 50-day, 100-day, and 200-day simple moving averages, providing support at $0.3853, $0.3902, and $0.2455 respectively.
The convergence of support levels between the 50-day and 100-day SMA (red and green respectively) indicates that if the price falls to that level, buyers will have significant momentum waiting.
(Source: Trading View)