As the overall cryptocurrency market stabilizes, Hyperliquid (HYPE) demonstrates strong relative strength. It is currently trading within an upward channel and has held the support zone at $36-37. Key bullish signals include the potential formation of a "golden cross" in the moving averages and a bullish RSI divergence. If this momentum continues and a breakout above $43 is confirmed, it could push the price up by 10-15%, with a target price of $48-51. However, if the $36 support level is not maintained, a retest of the support around $32 is possible.

HYPE-4,33%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.