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via Cointelegraph · By Cointelegraph Staff

Hyperliquid’s HYPE Breakout Puts $100 Price Target in Play

HYPE

HYPE/USDT

$58.64
+2.11%
24h Volume

$309,598,136.20

24h H/L

$58.73 / $57.01

Change: $1.72 (3.02%)

Funding Rate

-0.0071%

Shorts pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$58.69

0.91%

Volume (24h): -

Resistance Levels
Resistance 3$66.7915
Resistance 2$61.766
Resistance 1$58.7967
Price$58.69
Support 1$57.7533
Support 2$53.0016
Support 3$46.4832
Pivot (PP):$57.9033
Trend:Downtrend
RSI (14):41.0
CS
Cointelegraph Staff
(02:42 PM UTC)
1 min read
EW
Verified byEmily Watson
1294 views
0 comments

Hyperliquid’s native token, HYPE, has rallied more than 30% in five days to a record high near $74, with a bullish chart breakout now pointing to a potential move above $100.

HYPE/USD daily chart. Source: TradingView

Key takeaways:

  • HYPE has broken out of a bull pennant pattern, putting its measured upside target near $105.
  • Hyperliquid has become the second-largest blockchain by app revenue on a…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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