HypeUSDT
1,990 views
6 Discussing
Hot
Latest
šæ Looking at the #HypeUSDT chart, we can assume that the cryptocurrency market is likely to start #Hype 's in May.
š¼ The capitalization of the #Hyperliquid project is already quite large in the current realities - $5.6 billion, so the forecast for x2 growth is quite optimistic-realistic.
And so, all the key levels are on the chart!)
š„ Have a nice Easter holiday
š¼ The capitalization of the #Hyperliquid project is already quite large in the current realities - $5.6 billion, so the forecast for x2 growth is quite optimistic-realistic.
And so, all the key levels are on the chart!)
š„ Have a nice Easter holiday
See original
#hype New position from the whale š£
The whale trader opened a short position today on the HYPE coin for $8.1 million.
This is a new address that I just started monitoring, so I can't judge its win rate yet. Nevertheless, the position deserves attention, as its trading capital is estimated at around $250 million, indicating that this trader has a positive trading strategy.
#hypeusdt
The whale trader opened a short position today on the HYPE coin for $8.1 million.
This is a new address that I just started monitoring, so I can't judge its win rate yet. Nevertheless, the position deserves attention, as its trading capital is estimated at around $250 million, indicating that this trader has a positive trading strategy.
#hypeusdt
See original
#hypeusdt HYPEUSDT 4H ā POTENTIAL ABC CORRECTION?
After forming an impulsive structure of 5 Elliot Waves (1-5), the price appears to have failed to break from the zone $19.31 and is currently (potentially) forming a Corrective Wave ABC.
Key Level Breakdown:
ā¢ Resistance Zone: 19.63 ā 21.01 ā Strong supply area, clear rejection at wave 5.
ā¢ Support (Key Level): 16.33 ā Validating this area could be an early reversal signal if it holds.
ā¢ Demand Zone: 13.24 ā 14.16 ā Main target for wave C, potential reversal area.
If the ABC scenario is valid, then it is highly likely to continue down to:
ā¢ Wave A: Around $16.3
ā¢ Wave C: Potentially heading towards the demand zone $13.2 ā $14.1
After forming an impulsive structure of 5 Elliot Waves (1-5), the price appears to have failed to break from the zone $19.31 and is currently (potentially) forming a Corrective Wave ABC.
Key Level Breakdown:
ā¢ Resistance Zone: 19.63 ā 21.01 ā Strong supply area, clear rejection at wave 5.
ā¢ Support (Key Level): 16.33 ā Validating this area could be an early reversal signal if it holds.
ā¢ Demand Zone: 13.24 ā 14.16 ā Main target for wave C, potential reversal area.
If the ABC scenario is valid, then it is highly likely to continue down to:
ā¢ Wave A: Around $16.3
ā¢ Wave C: Potentially heading towards the demand zone $13.2 ā $14.1
Hyperliquid (HYPE) Forms Diamond Bottom Pattern, Drawing Parallels to Solana's (SOL) Bullish Surge:
The cryptocurrency market has seen numerous altcoins struggle to maintain upward momentum following the November rally, with several enduring substantial corrections. Despite this general downturn, Hyperliquid ($HYPE), a decentralized exchange () built on its own Layer-1 blockchain, has bucked the trend, posting significant gains on both a weekly and monthly basis.
Currently trading at $25 with a market capitalization of $8.5 billion, HYPE has recorded a 21% increase over the past 30 days, a noteworthy performance amid broader market uncertainty.
HYPE Mirrors Solana's Bullish Pattern
A recent analysis by on X suggests that HYPE may be mirroring the bullish rally once observed in Solana ($SOL ). The analysis highlights the appearance of a diamond bottom pattern on the HYPE/USDT chartāa formation that previously preceded a major breakout in SOL during its 2021 bull run.
At the time, Solana's breakout from a similar diamond bottom pattern propelled it from the 0.786 Fibonacci level (around $3.50) to the 4.764 Fib level (approximately $18), resulting in a 400% surge. Now, HYPE seems to be following a similar trajectory. The token has recently broken out from its diamond bottom and is currently consolidating between the 0.786 and 1.0 Fibonacci levels.
Should HYPE continue to follow Solana's path, a breakout above the current consolidation zone could lead to a rally toward the 4.764 Fibonacci level, with a potential target of $107.80, as indicated in the chart.
Outlook for HYPE
The ongoing consolidation phase for HYPE is critical. A confirmed breakout above the 1.0 Fibonacci level would signal the possibility of a strong upward movement. However, broader market sentiment, Bitcoin's dominance, and the flow of liquidity into the crypto space will play crucial roles in determining whether this scenario materializes.
While historical patterns can offer valuable insights, it is important to note that past performance does not guarantee future results. Investors should exercise caution and closely monitor market conditions as HYPE approaches a key technical inflection point.
Currently trading at $25 with a market capitalization of $8.5 billion, HYPE has recorded a 21% increase over the past 30 days, a noteworthy performance amid broader market uncertainty.
HYPE Mirrors Solana's Bullish Pattern
A recent analysis by on X suggests that HYPE may be mirroring the bullish rally once observed in Solana ($SOL ). The analysis highlights the appearance of a diamond bottom pattern on the HYPE/USDT chartāa formation that previously preceded a major breakout in SOL during its 2021 bull run.
At the time, Solana's breakout from a similar diamond bottom pattern propelled it from the 0.786 Fibonacci level (around $3.50) to the 4.764 Fib level (approximately $18), resulting in a 400% surge. Now, HYPE seems to be following a similar trajectory. The token has recently broken out from its diamond bottom and is currently consolidating between the 0.786 and 1.0 Fibonacci levels.
Should HYPE continue to follow Solana's path, a breakout above the current consolidation zone could lead to a rally toward the 4.764 Fibonacci level, with a potential target of $107.80, as indicated in the chart.
Outlook for HYPE
The ongoing consolidation phase for HYPE is critical. A confirmed breakout above the 1.0 Fibonacci level would signal the possibility of a strong upward movement. However, broader market sentiment, Bitcoin's dominance, and the flow of liquidity into the crypto space will play crucial roles in determining whether this scenario materializes.
While historical patterns can offer valuable insights, it is important to note that past performance does not guarantee future results. Investors should exercise caution and closely monitor market conditions as HYPE approaches a key technical inflection point.
š„ HYPE Token: No Inflation Until November 2025! š
The HYPE token has zero inflation until November 2025, ensuring a stable and sustainable ecosystem. š
š Why $HYPE Stands Out?
ā Built on Hyperliquid ā A Layer 1 blockchain for on-chain financial applications.
ā Decentralized Exchange (DEX) ā Focused on perpetual futures with a fully on-chain order book.
With a strong foundation and zero inflation for 8+ months, HYPE is set for long-term growth! š
#hypeusdt #MarketPullback #TrumpāsExecutiveOrder
The HYPE token has zero inflation until November 2025, ensuring a stable and sustainable ecosystem. š
š Why $HYPE Stands Out?
ā Built on Hyperliquid ā A Layer 1 blockchain for on-chain financial applications.
ā Decentralized Exchange (DEX) ā Focused on perpetual futures with a fully on-chain order book.
With a strong foundation and zero inflation for 8+ months, HYPE is set for long-term growth! š
#hypeusdt #MarketPullback #TrumpāsExecutiveOrder
Login to explore more contents