$HYPE What’s Next? Will HYPE Price Reach $50 in the Next 24 Hours?

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Hyperliquid price has broken all the barriers and has officially entered the discovery phase. The token has also withstood a significant correction, which suggests the price is now under an acute bullish influence. While the technicals remain bullish, the Hyperliquid price is now believed to maintain a steep upswing and eventually continue to discover new highs.

As seen in the above chart, the price has maintained a steep ascending trend and surpassed the 1 FIB level at $43.6. With this, the token has unlocked the possibility of reaching the 1.2 FIB at $52.99, crossing the pivotal resistance at $50. The MACD displays a bullish divergence while the CMF has entered the positive range after rebounding from the interim lows. With this, the Hyperliquid (HYPE) price is expected to maintain a healthy upswing, while the drop in volume could raise some concerns.