Cryptocurrencies Price Prediction: Hyperliquid, Ethereum & Ripple – Asian Wrap 04 June
Hyperliquid Price Forecast: ETF demand, capital rotation fuel HYPE rally as Bitcoin melts
Hyperliquid (HYPE) price sustains an upward trend near its all-time high of $75.76 on Thursday after posting 80% gains in May, while Bitcoin (BTC) retraces below $65,000, triggering a market-wide panic. The massive inflows of roughly $135 million into the newly launched HYPE-focused ETFs last month reflect growing institutional interest, fueling the HYPE rally.
Ethereum Price Forecast: Long-term holders' capitulation drives ETH below $1,800
Ethereum (ETH) has fallen below $1,800 on Wednesday, the first time since May 2025 following accelerated spot selling pressure and distributions from long-term holders. The Age Consumed metric, which tracks the movement of previously idle tokens or long-term holders' (LTHs) coins, spiked over the past two days as prices declined, indicating increased selling activity among this cohort. Historically, selling pressure accelerates when LTHs are distributing.
XRP and XLM outlook: Bearish streak extends as risk-off mood erodes retail demand, ETF flows
XRP is down roughly 4% at press time on Thursday, holding above $1.1500 amid a growingly bearish tone. The price remains well below the key Exponential Moving Averages (EMAs), including the 50-day EMA at $1.3610, the 100-day EMA at $1.4367, and the 200-day EMA at $1.6337, which together form a layered topside cap reinforcing a downside bias.
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