Is It Too Late To Buy HYPE? Hyperliquid Price Soars 38% And This Might Be The Next Crypto To Explode
The Hyperliquid price soared 38% in the last 24 hours to trade at $12.15 as of 11:27 p.m. EST on trading volume that plunged 4% to $242.9 million. Hyperliquid Price On A Progressive Upward Trend After its launch less than a week ago, the Hyperliquid price has been in a continued surge, despite having traded within the $9 range in the past 3 days. The consolidation within this range allowed the price of Hyperliquid to soar, forming a parabolic curve. The price of HYPE is now trading at $12.15, well above the 50-day Simple Moving Average (SMA), confirming bullish momentum. The breakout is supported by a significant volume spike, indicating strong buying pressure. The Relative Strength Index (RSI) also supports the rising pressure, which has already crossed above the 70-overbought region, currently at 78. Meanwhile, the Moving Average Convergence Divergence (MACD) blue line (0.8381) is significantly above the orange signal line (0.5843), and the histogram shows increasing posit...