
Hyperliquid (HYPE) Price Prediction: 30% Move Looms as Price Eyes Breakout to Mid-$50 and Beyond
In a sudden turn of events, the Hyperliquid market is showing signs of strength, suggesting that it may be setting up for a significant price move. As reported by Byzantine General, a confirmed higher low has formed, indicating a potential reversal in trend. This development is corroborated by multiple indicators across various timeframes, including on-chain signals and institutional TWAP activity.
The current consolidation phase above the $43 to $44 demand zone has resulted in a bullish setup that is gaining traction. It appears that Hyperliquid may be building momentum, which could translate into a 20-30% breakout towards the mid-$50 range. This upward trajectory would be fueled by growing trust in HYPE’s infrastructure and ecosystem.
Institutional TWAP activity highlights real capital stepping in behind the scenes, further solidifying the bullish narrative. The recent surge in trading volume also hints at a deeper shift in market sentiment. As price now reclaims these key levels just below $44, the Hyperliquid price prediction becomes increasingly compelling for the bulls.
While short-term volatility may still be present, the combination of on-chain signals and chart patterns paints a picture of sustained growth ahead. Furthermore, Hyperliquid’s ability to outperform Robinhood in volume metrics further underscores its position as a leader in the market.
In conclusion, a 30% move seems increasingly likely as price eyes a breakout towards mid-$50 and beyond.
Source: bravenewcoin.com