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Hype

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.
Long
by DEXWireNews
3
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.
by titankarma
HYPE LONGThe HYPEUSDT pair is currently in a corrective phase after a strong upward move. The price has recently broken a significant level and is now testing the liquidity zone marked by a range of support (highlighted by the gray box). A potential reversal may occur as the price has started to form an MSB (Market Structure Break) and is showing early signs of bullish momentum. Trade Entry: Entry Level: Around $21.80, with price showing initial bullish signs. Stop Loss: A stop is placed below the market structure break (MSB) at $18.52 to protect the position from further downside risk. Targets: Conservative Target: The first target is set around $26.18 (highlighted in blue), which aligns with the upper trendline and potential resistance levels. Aggressive Target: A more extended target can be considered above the $35.74 mark depending on further price action. Trade Rationale: Trend: The market has been in a downtrend recently but is showing early signs of reversal. Price Action: The price is testing a significant support zone, with bullish confirmation from the MSB. Liquidity: The trendline liquidity levels provide an excellent potential for further price push toward the conservative target.
Long
by SerenityEquity
HYPE LongMarket Overview: Price is currently in a consolidation phase near the support level, showing signs of potential bullish movement. The key support level is identified at approximately 21.416 USDT. Entry Point: The ideal entry zone lies just above the support region around 21.489 USDT. A breakout or price action showing strength above this level would be considered a signal to enter long. Conservative Target: The first target for this trade is set at 30.000 USDT, where price may encounter resistance. It offers a more cautious take on the potential upside. Extended Target: A more aggressive target is placed around 35.743 USDT. This is the extended target zone where price could potentially head if the trend continues favorably. Stop Loss: The stop loss should be placed just below the support level at 18.535 USDT. This ensures minimal risk in case the price moves against the position. Trade Notes: Patience is required to wait for confirmation of the breakout. Monitoring price action around the support zone is crucial for making adjustments. Consider trailing stop orders if price moves toward the extended target.
Long
by SerenityEquity
HyperLiquid Introduces Native Staking as $HYPE Eyes a 58% SurgeHyperLiquid, a prominent Layer-1 blockchain renowned for its decentralized derivatives exchange, has recently introduced native staking for its GETTEX:HYPE token. This move, coupled with promising technical patterns, has set the stage for a potential 58% surge in the token’s value. The Staking Overview HyperLiquid announced the launch of its native staking on Monday via a post on X (formerly Twitter). Token holders can now stake their GETTEX:HYPE tokens across 16 validators, contributing to network security and earning rewards in return. A notable aspect of this staking mechanism is the ability to stake locked tokens bound by a vesting schedule, though accrued rewards remain inaccessible until the lock-up period ends. At launch, HyperLiquid staked 300 million tokens, valued at approximately $8.4 billion. Within the first hour, users added another 7 million tokens, reflecting strong community participation. This development comes just a month after the GETTEX:HYPE token’s issuance, which debuted at $3.57 and has since soared to $27.89, according to CoinMarketCap data. This remarkable growth has propelled GETTEX:HYPE into the top 20 largest tokens by market cap, surpassing well-known assets like Bitcoin Cash (BCH), Litecoin (LTC), and Pepe (PEPE). With a market capitalization of $9.2 billion and a 24-hour trading volume of $2.64 billion, HyperLiquid’s exchange is generating over $1 million in daily revenue, as reported by DefiLlama. Technical Outlook Despite its fundamental strength, GETTEX:HYPE is currently down 2.66%, trading within a symmetrical triangle pattern on the daily chart. This technical formation often signals a potential breakout, though the direction remains uncertain until the price breaches either trendline. The relative strength index (RSI) stands at 42, indicating a neutral market sentiment. The upper triangle trendline aligns with the $30 resistance level, making it a critical threshold for bullish momentum. A breakout above $30 could trigger a 50% surge, targeting prices as high as $45. Conversely, a breakdown below the lower triangle trendline could lead to a significant sell-off, with prices potentially dropping by 14% Market Implications The introduction of native staking and the token’s rapid rise in market cap underscore HyperLiquid’s growing influence in the blockchain space. The ability to stake locked tokens enhances flexibility for investors, while the platform’s robust trading volume and revenue generation reflect its strong utility. For traders, the symmetrical triangle pattern presents a strategic opportunity. Monitoring the $30 resistance level and the lower triangle trendline is crucial for anticipating the token’s next move. A decisive breakout could attract further interest, while a breakdown may signal caution. Conclusion HyperLiquid’s latest staking initiative and GETTEX:HYPE ’s impressive market performance highlight the project’s potential as a leading player in the blockchain industry. While the token’s price currently hovers in a consolidation phase, both fundamental and technical indicators suggest that a major move is imminent. Traders and investors should keep a close eye on key levels to capitalize on the next phase of GETTEX:HYPE ’s journey.
Long
by DEXWireNews
Breaking: $HYPE Coin Set for Another Breakout After New ATHIntroduction In the fast-paced world of decentralized finance (DeFi), GETTEX:HYPE is making waves once again. Days after reaching its all-time high (ATH) of $29, the token is showing signs of another bullish breakout. With its strong technical setup and solid fundamentals, traders and investors are closely watching as momentum builds for the Layer 1 decentralized exchange (DEX) token that offers up to 200x leverage. What is Hyperliquid? Hyperliquid represents a next-generation Layer 1 (L1) blockchain platform designed to revolutionize the DeFi space. At its core, Hyperliquid prioritizes performance, scalability, and user efficiency with its innovative features: 1. Custom Layer 1 Blockchain: Built from the ground up, Hyperliquid eliminates traditional blockchain bottlenecks, supporting a high throughput of 100,000 orders per second with block latency under 1 second. 2. HyperBFT Consensus Mechanism: A proprietary consensus inspired by Hotstuff ensures rapid transaction finality and robust security. 3. Fully On-Chain Order Book: Unlike most DEXs relying on off-chain solutions, Hyperliquid’s on-chain order book enhances transparency and trust. 4. Zero Gas Fees: Transactions occur without gas fees, significantly lowering the cost barrier for perpetual futures trading. 5. Native Applications: The flagship product, Hyperliquid DEX, facilitates perpetual futures trading directly on the L1 blockchain, positioning itself as a pioneer in on-chain perpetual exchanges. Hyperliquid’s self-funded approach ensures independence and focus, with a development team comprising alumni from Harvard, Caltech, MIT, and professionals from top-tier tech and financial firms. Market Performance and Metrics Hyperliquid’s impressive growth is backed by strong market activity: - Current Price: ~$28.10 (down 3.01% from ATH) - 24h Trading Volume: $353.4 million (+0.40%) - Market Cap: $9.5 billion (Rank #26 on CoinGecko) - Fully Diluted Valuation: $28.4 billion - All-Time Low: $3.81 (Nov 29, 2024) – Up 639% since its lowest point With a 107.1% price increase over the past 7 days, GETTEX:HYPE has significantly outperformed both the global cryptocurrency market (+8.8%) and its Smart Contract Platform peers (+8.4%). The token’s liquidity and trading demand remain robust, with centralized exchanges like KuCoin, BingX, and CoinW driving the bulk of its volume. The HYPE/USDT pair alone saw $13.5 million in trading volume on KuCoin in the last 24 hours. Technical Analysis On the daily chart, GETTEX:HYPE displays a bullish symmetrical triangle, a continuation pattern that typically precedes a breakout. - Current Price: ~$28.10 (up 4.45%) - Key Resistance: $29.03 (ATH) - Next Target: $35 - Potential Upside: A confirmed breakout could send GETTEX:HYPE soaring toward $50, representing a 50% move from its current level. Indicators Supporting the Breakout 1. Relative Strength Index (RSI): Currently at 59, the RSI signals plenty of room for further upward movement before entering overbought territory. 2. Volume Surge: A 33% increase in trading volume over the past 24 hours underscores growing bullish momentum. 3. Price Action: A move above the recent high of $29 would invalidate any bearish sentiment and likely trigger FOMO-driven buying. With GETTEX:HYPE consolidating near its ATH, the breakout scenario appears increasingly likely, given the strong technical and fundamental tailwinds. Conclusion Hyperliquid’s innovative Layer 1 blockchain and fully on-chain perpetuals exchange position it as a trailblazer in the DeFi space. With a combination of: - Strong fundamentals (zero gas fees, high throughput, and a top-tier team), - Exceptional market performance, - Bullish technical patterns (symmetrical triangle and RSI at 59), GETTEX:HYPE is set for another potential breakout. A move above $29 could trigger a surge toward $35 and beyond, with an upside target of $50 in sight. As always, investors and traders should proceed with caution, conduct thorough research, and stay alert for market developments. However, the momentum behind GETTEX:HYPE appears undeniable as it continues to capture the attention of the crypto world.
Long
by DEXWireNews