Hyperliquid Price Update: HYPE Soars 170%, Ready to Set a New All-Time High?
Hyperliquid (HYPE) has experienced a decline of 73% since reaching its highest price in December 2024, with the decrease occurring gradually over four months.
However, as the overall crypto market begins to recover, Hyperliquid started to bounce back in April and recorded an increase of up to 170%.
Currently (14/5), HYPE is at the last resistance area before reaching its previous all-time high, and market attention is focused on whether this token can break through that level and set a new price peak.
Hyperliquid Price Update: HYPE Price Touches Resistance Area
Daily chart analysis shows that HYPE's price has risen by 180% since April. This increase has occurred almost without any significant correction, even after HYPE reached the long-term resistance trend line.
