Cryptocurrency Market Revives HYPE, VET, ETC Gains 1.91% 0.97%

7 hours ago 2

Coin WorldSaturday, Jul 12, 2025 5:36 pm ET

1min read

As the second half of 2025 approaches, the cryptocurrency market is showing renewed vigor, with several digital assets attracting significant attention from traders and investors. Among these, Hyperliquid (HYPE), VeChain (VET), and Ethereum Classic (ETC) stand out due to their recent price trends and technical indicators.

Hyperliquid (HYPE) has been on a strong uptrend, recovering well from the crash earlier in the year. The token experienced a significant drop in the first half of 2025 but found support in April and has since been on a steady rise. HYPE has been consistently above the Arnaud Legoux Moving Average (ALMA), indicating strong price momentum. The ALMA, which is now trending upward, supports the view that HYPE is maintaining its strength. Currently, HYPE is trading at an intraday high of 47.374, just below its annual peak of 47.374. Traders are closely watching the 47 points to confirm whether there is more upside potential.

VeChain (VET), a blockchain project focused on supply chain management, has been in a consolidation phase throughout 2025. The token dropped significantly in the early months of the year but has since stabilized within a narrow range of 0.020 to 0.030. This price band indicates an accumulating market, with investors anticipating future demand. Recently, VET has attempted to move higher, reaching $0.023563, just above the ALMA at $0.023476. However, a 1.91% decline on the most recent trading day suggests some hesitation among market participants.

Ethereum Classic (ETC) has also shown signs of a potential trend reversal. After a sharp decline in January and early February, ETC entered a period of sideways movement. However, recent activity in July has indicated a potential change in trend. The token reached $18.083, briefly moving above its ALMA at $18.101. Although it recorded a modest 0.97% loss on the most recent day, ETC still trades close to key resistance levels. The upward slope of the ALMA suggests a change in medium-term sentiment, and if ETC can hold above the $18 range, it may encourage further bullish momentum.

In summary, Hyperliquid (HYPE), VeChain (VET), and Ethereum Classic (ETC) are leading the charge in the cryptocurrency market as July progresses. HYPE's strong uptrend and increasing volatility suggest more upside potential. VET's accumulation phase and recent breakout attempts indicate growing interest and potential for a trend change. ETC's recent activity and supportive indicators point to a potential trend reversal, with the token poised to regain bullish prospects. These developments highlight the dynamic nature of the cryptocurrency market and the opportunities it presents for traders and investors.

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