Hyperliquid HYPE price analysisLooking at the OKX:HYPEUSDT.P chart, we can assume that the cryptocurrency market is likely to start #Hype's in May.
🔼 The capitalization of the #Hyperliquid project is already quite large in the current realities - $5.6 billion, so the forecast for x2 growth is quite optimistic-realistic.
And so, all the key levels are on the chart!)
🥚 Have a nice Easter holiday
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Hype
Hyperliquid Surged 12% Today Gearing For Another Leg-upThe price of Hyperliquid surged 12% today amidst the general crypto market dip. According to data from Lookonchain monitoring, about 2 hours ago, a whale deposited 6 million CRYPTOCAP:USDC into Hyperliquid and went long on CRYPTOCAP:ETH at a price of $1,624.44 with a 5x leverage.
This data signifies a growing interest in the Hyper liquid Dex. Similarly, data from Defilama shows about $277.3 million locked in Total Value Locked (TVL) in the Hyperliquid ecosystem and this is for a project that is just 5 months from token lunch.
With the Resistant and support point already marked, should GETTEX:HYPE coin break above the $17 resistant zone, the $20 pivot will be feasible. However, failure to break above the resistant point could resort to a selling spree to the $9 support resorting to the break below the Moving averages respectively as that is the only nearest possible support point for $HYPE.
What is Hyperliquid?
Hyperliquid represents a cutting-edge blockchain platform, specifically designed to enhance the efficiency and performance of decentralized finance (DeFi) applications. At its core, Hyperliquid introduces a novel Layer 1 (L1) blockchain that is meticulously engineered from the ground up to optimize performance and scalability.
Hyperliquid Price Data
The Hyperliquid price today is $15.97 USD with a 24-hour trading volume of $141,575,547 USD. Hyperliquid is up 1.87% in the last 24 hours. The current CoinMarketCap ranking is #23, with a live market cap of $5,333,694,243 USD. It has a circulating supply of 333,928,180 HYPE coins and a max. supply of 1,000,000,000 HYPE coins.
Will This Descending Wedge Push HYPE to 22.5?If we take a closer look at the price structure, the orange and blue arrows show that BITGET:HYPEUSDT is in an overall uptrend. Meanwhile, the white arrow represents a minor pullback—just a ripple within the bigger trend.
When we connect the orange to the white, and then the white to the blue arrow, we can spot a descending broadening wedge formation. Given the current bullish structure, this pattern is more likely acting as a continuation rather than a reversal.
After the pattern is completed, the key level to watch is the resistance around 16.62, which comes from the white arrow's high. This level will decide whether price can break through and continue its bullish momentum toward the target zone at 20.52 – 22.55, or if sellers will step in and cause a rejection.
In case of a rejection, we might see some sideways movement as the market consolidates before making the next move.
HYPERLIQUID LIQUIDATION SYSTEM EXPLOITED#HYPE is facing price declines following rumours of a malicious actor siphoning funds from the pool and taking advantage of the liquidation process.
While decentralised finance offers incredible opportunities, the actions of a single individual can lead to significant losses as investors pull their capital.
Let's hope Hyperliquid can enhance their security measures to prevent such incidents in the future.
Hyperliquid: Your Altcoin ChoiceLow volume lower low and high volume reversal candle.
Here we do not have six months of data but the chart looks pretty clear. It is simple to read.
I can spot two perfect 5-waves pattern, one going down and another one going up.
Going down is the second one, the correction, and the session that hit a new bottom ended up as a higher low based on the close. That is, the low in December 2024 is $10. The low 7-April is $9.3 but the close happened at $11.5. ($11.5 higher than $10 ).
This can be a bullish signal.
Today's candle trades higher than the 13-March low. A full green candle.
After going down, the market tends to reverse and go up. The action is bullish on the short-term and this is a short-term chart.
Hyperliquid is good as long as it trades above support.
"Support" is clearly depicted orange on the chart.
I used this chart setup to open a short-term based trade.
The main targets are 145% & 270% as shown on the chart.
Thank you for reading and for your continued support.
You are appreciated.
Namaste.
Hyperliquid is in a downtrend looking for a bottom. HYPE is still in a downtrend and despite the recent events and FUD the price didn't make a lower low. This doesn't mean it can't but it should be a sign of strength at this level. A proper choch would confirm a change in the direction of the trend. Watch list material.
Full TA: Link in the BIO
HypeusdSuperior dex thesis remains valid
Hlp fud X2 now makes this a non consensus trade so it has a much higher likelyhood of playing out.
Dex perp volume still consuming a large amount of the cex perp volumes despite the fud and open attacks from centralised exchange. Clearly their relevance is feeling threatened by the new on chain hyper performance dex still by far the best place to trade in the market.
High volumes means high buybacks from assistance fund
Staking tiers go live April 30th and there's now spot btc and spot eth trading with the lowest fees in the market to support the bullish thesis.
Hlp attack was well handled with investors being protected and any other handling would have resulted in a bankrun given centralised exchanges were revenge listing jelly to push the manipulation squeeze higher.
Non consensus trade means there's much less long leveraged liquidity to drag the price down and some short liquidity to push the price into a bullish trend.
See how it plays out I guess..
$HYPE hit our point of Interest $12HYPE | 4h
Price has hit our point of interest at $12, like we mentioned in the last video.
As per plan, we've look for an entry at this level, targeting back up to the order block around $20 to $22 area, where I will be looking to short.
Long Targets:
$14.3
$17.4
$20
Breaking: Hyperliquid Native Token ($HYPE) Tanked 10.81% Hyperliquid a cutting-edge blockchain platform, specifically designed to enhance the efficiency and performance of decentralized finance (DeFi) applications saw it's native token GETTEX:HYPE plummet 11.15% needless to say that GETTEX:HYPE had an all time high if $35 recorded December. This dip causes GETTEX:HYPE to lose half of market value.
as of the time of writing, GETTEX:HYPE is down 11.98% trading within oversold regions with the RSI at 29.85. Currently, the 1-month low is serving as support point and a break below that level could lead to a move to the $12 pivot. similarly, a break above the 38.2% Fibonacci retracement level which is a point that aligns with the $24 resistance could act as catalyst to a bullish reversal move.
Hyperliquid Price Live Data
The live Hyperliquid price today is $15.40 USD with a 24-hour trading volume of $142,328,477 USD. We update our HYPE to USD price in real-time. Hyperliquid is down 8.91% in the last 24 hours, with a live market cap of $5,142,511,570 USD. It has a circulating supply of 333,928,180 HYPE coins and a max. supply of 1,000,000,000 HYPE coins.
HYPEUSDStill by far the best project in this space after btc and eth
Top revenue generating project
Lowest btc fees
Self custody dex direct to trezor
Best perp trading experience
Best tokenomics
Still woefully undervalued
Nothing short of a massive exploit or the crypto market going to 0 would make me bearish on this product..
We also completed the wave down according to ta theory so unless we really do start world War 3 then this should grind back up..
HYPE about to rip higherThe strength is fantastic due to strong fundamentals and user growth.
The recent dip was not as bad as other coins, once we flip MO, then this should not take much time to reach new ATH. Easy trade on spot as well. On a higher timeframe fractal, you can see price forming a U shape.
Bullish.
HYPEUSDstill undervalued
the market structure forming nicely with a pretty clear range being set..
52$ still main target with top 10 then top 5 even 3rd market cap overall as the final target after btc and eth..
most performant exchange and its a dex,
an l1 faster than solana,
evm compatibility coming very soon
revenue share for stakers in the future also
no vcs or presales just airdropped direct to the community
best project in this space since eth
HYPE Long Spot OpportunityMarket Context:
HYPE is demonstrating notable strength and is now positioned at a solid support level, offering a favorable risk-to-reward opportunity for a long spot trade.
Trade Details:
Entry Zone: $21 - $22
Take Profit Targets:
$25.1
$27.9
Stop Loss: Below $20
This setup provides an ideal opportunity to capitalize on HYPE’s strength while managing downside risk effectively. 📈
HYPE Intraday Highlights (Thesis Prediction)
Market Position:
Current Price: $25.57, up +9.8% from recent lows.
Resistance: $27.00 | Support: $25.00.
Trend: Bullish recovery, breaking previous resistance levels, with potential for continuation or consolidation.
Key Technical Indicators:
RSI: 56.44, neutral with room for further price action.
MACD (30-min): Positive crossover, indicating building bullish momentum.
Bollinger Bands: Price near the upper band, signaling potential short-term overbought conditions or continued bullish tests.
On-Chain Insights:
Trading Volume: Up +59.34% to $622.47M, signaling heightened market interest.
Funding Rate (Bitget): 0.0288%, slightly bullish, reflecting market optimism.
Open Interest: Increased by +10.23% to $581.85M, suggesting accumulation by large traders or institutions.
Market Sentiment:
Sentiment: Strongly positive, fueled by the "HYPE Frenzy" event in December 2024.
Long/Short Ratio: 1.0396, indicating more long positions, aligning with bullish sentiment.
Scenarios:
Bullish (60%): Continuation above $27.00, potentially reaching $28.00+, driven by FOMO and sustained buying pressure.
Bearish (30%): Profit-taking or sentiment shift could pull prices back to $25.00 or $24.00 if support fails.
Sideways (10%): Consolidation between $25.00–$27.00 if sentiment cools or traders lock in profits.
Note: Keep an eye on resistance at $27.00 for a breakout or rejection, and monitor funding rates and volume for signs of momentum shifts. Always apply disciplined risk management.