Purr Price Skyrockets on Trump Hyperliquid Comment
The price of PURR, a cryptocurrency, has surged by nearly 50% over the past day, reaching $0.1333. This significant increase is largely attributed to a recent comment made by Donald Trump, stating that the CFTC Chair Michael Selig is working to bring Hyperliquid into the US 'in a fully compliant and legal fashion.'
According to the source, this single line moved markets rapidly, with $HYPE jumping 17-20%, and $PURR increasing by over 30%. Even Hyperliquid-linked ETFs added around 20% in value.
The daily chart on TradingView shows a clean falling wedge breakout after months of sideways trading between $0.058 and $0.093. The support and resistance structure now appears layered, with immediate support at $0.0955, deeper support at $0.0408, and resistance stacked at $0.178, then the Fibonacci extension zone near $0.282.
The base case for the next 30 days points toward a retest of $0.17 to $0.28 if buyers hold above $0.095, while a rejection at current levels risks a pullback toward $0.076. The immediate invalidation level for the bullish structure sits at $0.0576.