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Crypto market sees mixed moves: Shiba Inu breaks out, Chainlink rebounds, Stellar consolidates, Hyperliquid corrects.

Technical Signals
28 Jul 2026, 03:01 WIB
UToday
View Source
Bullish
Crypto market sees mixed moves: Shiba Inu breaks out, Chainlink rebounds, Stellar consolidates, Hyperliquid corrects.

On July 28, the cryptocurrency market showed varied trends: Shiba Inu (SHIB) experienced a strong breakout with increased volume, signaling a potential early recovery phase if it sustains above key moving averages. Chainlink (LINK) is attempting a trend reversal, trading above short-term moving averages but still facing resistance near $9, with a full bullish reversal pending a break above the 200-day EMA. Stellar (XLM) remains in a consolidation phase, trading between key moving averages with low volatility and volume, awaiting a catalyst for direction. Hyperliquid (HYPE) is in a corrective trend near its 100-day EMA support, with potential for a comeback if buyers hold this level, but a break below could signal a deeper retracement. These movements highlight cautious optimism amid ongoing market adjustments.

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