Hyperliquid (HYPE), Shiba Inu (SHIB), Chainlink (LINK) and Stellar (XLM) Price Analysis for July 28: Breakthroughs and Disappointment on Market

Original U.Today article Hyperliquid (HYPE), Shiba Inu (SHIB), Chainlink (LINK) and Stellar (XLM) Price Analysis for July 28: Breakthroughs and Disappointment on Market Price Analysis By Arman Shirinyan Tue, 28/07/2026 - 0:01 The series of breakthroughs has happened on the cryptocurrency market, with a possibility of continuation. Advertisement Cover image via depositphotos.

com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.

Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies.

Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Shiba Inu's unexpected breakoutChainlink's trend reversal pushStellar's consolidation Advertisement After almost two weeks in a corrective phase, Hyperliquid is getting close to one of its most significant technical levels.

Right on top of the 100-day exponential moving average, which has historically served as dependable support throughout the larger uptrend, the asset is currently trading at $59.5.HYPE has progressively formed a series of lower highs while staying above significant long-term support since its explosive rally toward the $75 region in June.

The token's recent drop put it below the 26-day and 50-day EMAs, indicating that pressure is still on short-term momentum. HYPE/USDT Chart by TradingViewNevertheless, sellers have not yet succeeded in forcing a clear breakdown below the $57.5 100-day EMA.

The current price area is particularly important because of this. HYPE may attempt another comeback toward the 50-day EMA around $62 and then the 26-day EMA around $64.3 if buyers hold this level.

HOT Stories Hyperliquid (HYPE), Shiba Inu (SHIB), Chainlink (LINK) and Stellar (XLM) Price Analysis for July 28: Breakthroughs and Disappointment on Market Shiba Inu (SHIB) Team Says Experiment Continues Amid Price Surge Regaining both moving averages would boost bullish momentum and probably inspire another attempt to challenge the $68–70 resistance range. Throughout the correction, volume has steadily decreased, which is usually a positive indication. Following the significant gains made earlier this year, the market seems to be going through a phase of profit-taking rather than aggressive liquidation.

Advertisement You Might Also Like Thu, 07/23/2026 - 00:01 Hyperliquid (HYPE), Near Protocol (NEAR), Shiba Inu (SHIB) and Dogecoin (DOGE) Price Analysis for July 23: Bulls Reclaim the Steering Wheel ByArman Shirinyan Additionally, the RSI has dropped to about 43, which gives buyers plenty of space to pick up steam without going straight into overbought territory. The next significant technical support would probably be the 200-day EMA, which is close to $50, if the 100-day EMA were lost. The medium-term bullish structure that has persisted since March would also be broken by such a decline.

Within a broader bullish market, HYPE is currently in a corrective trend. Whether this is just another healthy pullback or the start of a deeper retracement will probably depend on how long the current support lasts. Advertisement Shiba Inu's unexpected breakoutWith one of its biggest daily volume spikes in months, Shiba Inu has finally provided the breakout that many traders had been waiting for.

Before testing the 100-day EMA close to $0.00000504, the rally pushed SHIB through both the 26-day and 50-day exponential moving averages. Following weeks of sideways consolidation, trading volume surged above 2 trillion SHIB, indicating an aggressive return by buyers.

The short-term series of lower highs that had characterized SHIB's July performance was also rendered invalid by the move. SHIB/USDT Chart by TradingViewThe most recent candle also shows significant selling pressure despite the strong breakout. Sellers swiftly intervened after a brief push above the 100-day EMA, leaving a long upper wick that implies profit-taking is still active around resistance.

Nevertheless, there has been a significant improvement in the technical picture. The 50-day EMA is positioned slightly higher near $0.00000448, while the 26-day EMA has become instant support around $0.

00000445. Instead of losing the entire breakout, SHIB could consolidate recent gains if it held above those levels. The declining 200-day EMA at $0.

0000060 is the next challenge. That continues to be the main long-term barrier dividing SHIB from a more general bullish reversal. You Might Also Like Mon, 07/27/2026 - 12:23 End of HODL: Co-Founder of Once World's Largest Bitcoin Mining Pool Moves Millions in Crypto to Binance ByGamza Khanzadaev Testing that zone in the upcoming sessions would be much more likely if the 100-day EMA were successfully broken above.

Cautious optimism is also sup