Multicoin Capital: Moves $8.41M HYPE to Coinbase Prime

A wallet tied to Multicoin Capital sent 106.11K HYPE (~$8.41M) to Coinbase Prime minutes ago, prompting immediate speculation over potential sales.

Price sits at $77.93 inside a bullish EMA structure with the 50-period at $71.79 and 200-period at $63.54 acting as layered support, yet the MACD death cross at 2.49 warns of fading momentum while the token tests upper Bollinger resistance near $82.68 with RSI at 55.29, pointing to a likely pullback toward the 50-EMA before any fresh leg higher in ongoing HYPE price prediction models.