TL;DR
HYPE retests $50 resistance; a sustained breakout may open the way toward $55 and higher targets.
Two whales bought 358,279 HYPE worth $18M, signaling early positioning from large market participants.
Hyperliquid’s TVL climbed to $721M in August, the highest level recorded so far this year.
Price Tests Resistance
Hyperliquid (HYPE) is back in focus after a strong move above $50. The token has climbed nearly 12% in the past day and more than 21% over the week, with trading volume crossing $522 million.
Notably, the $50 level has become a key line on the chart. Earlier in August, attempts to break it failed, leading to quick pullbacks. This time, momentum is stronger.
Analyst Ali Martinez said,
“a breakout here could catapult Hyperliquid $HYPE to $55.”
If that happens, targets around $52 to $56 come into play. If not, support near $46 could be tested again.
A breakout here could catapult Hyperliquid $HYPE to $55! pic.twitter.com/QtO66Gn3ES
— Ali (@ali_charts) August 27
We współpracy z: https://cryptopotato.com/hype-pumps-21-this-week-can-it-smash-through-55/
