Hyperliquid (HYPE) has experienced an 18% increase in value over the past 24 hours, and a 10% increase over the past week, despite the broader market consolidation. Key momentum indicators, such as the Super Trend Indicator and the Relative Strength Index (RSI), reflect the growing demand for HYPE. The Super Trend Indicator shows that HYPE is in an uptrend and buying pressure is dominant. The RSI is in an upward trend at 55.42, indicating that the asset is gaining momentum with more buying pressure than selling. If the trend continues, HYPE's price could surpass the $25 resistance level and potentially reach its all-time high of $35.17. However, if the trend reverses, HYPE's price could drop to $22.81.
Content Editor ( beincrypto.com )
- 2025-01-28
Hyperliquid (HYPE) Eyes $25 Comeback Amid Soaring Demand
