Hyperliquid Surges Past $50, Flipping Key Level Into Support

  • $HYPE Breaks $50 Resistance – Hyperliquid flips the $49–50 zone into support after a decisive breakout, confirming bullish momentum.
  • Momentum Targets $55 Next – Strong upward pressure and accelerated price action suggest the next resistance lies near $55, with potential for $60.
  • Critical Support Holds the Rally – Maintaining the $49–50 support level secures the bullish outlook, while failure could trigger a retest of $47–48.

Hyperliquid ($HYPE) moved past the $50 mark after a decisive breakout from its previous consolidation range. The price reached $51, confirming the breach of the long-standing resistance. This move established the $49–50 zone as a fresh support level.

The breakout came after several failed attempts over recent weeks where the $50 barrier held strong. Market momentum shifted decisively as buyers entered with greater force. Consequently, the chart structure turned bullish with stronger upward pressure.

The price action indicates clear strength as the market absorbed previous selling pressure. Each pullback produced higher lows, showing steady accumulation. Therefore, the rally gained confirmation with this upward surge.

Momentum and Short-Term Targets

The breakout carried notable strength as the price accelerated beyond $50 with sharp momentum. A rapid climb followed, fueled by stop-loss triggers and new long entries. This move suggests growing confidence in further upward potential.

The next major resistance sits near $55, a level marked on previous chart projections. Analysts anticipate the short-term trend could push toward this zone. Additionally, higher momentum may extend upside potential toward $60.

Some consolidation around the $50–51 level remains possible as participants take partial profits. However, strong support now forms at $49–50. This support base provides stability for any short-term corrections.

Risk Levels and Market Context

Despite the breakout, risks persist if the price fails to hold above $49–50. A pullback below could negate the bullish outlook. The downside would then test supports near $47–48.

Background charts show the $50 level acted as resistance on multiple occasions. Each rejection previously weakened upward moves. This made the breakout more significant, as repeated pressure often leads to stronger breakouts.
Hyperliquid now trades in a decisive phase, supported by a stronger structure. The confirmation of $50 as support enhances the bullish case. The short-term outlook signals momentum with targets around $55.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

Tether and Circle Mint $1.25B in Stablecoins: A Bullish Signal or Red Flag?

Tether minted 1B USDT and Circle 250M USDC on...

Sei (SEI) Poised for Breakout: Wyckoff Method Signals Bullish Momentum

Sei (SEI) shows strong consolidation, hinting at an imminent...

Bitcoin Nears Final Cycle Phase as EGRAG Crypto Projects Higher Move

EGRAG Crypto charts Bitcoin entering its final structured cycle...

XRP: Hit, Miss, or Overshoot? Regression Analysis Signals Skyrocketing Potential

XRP's R-squared of 0.8475 signals a strong regression fit,...

Solana SOL Price Forms Ascending Triangle, Eyes $255 Breakout Target

Solana faces a pivotal ceiling, with three rejections marking...

Topics

Sei (SEI) Poised for Breakout: Wyckoff Method Signals Bullish Momentum

Sei (SEI) shows strong consolidation, hinting at an imminent...

Bitcoin Nears Final Cycle Phase as EGRAG Crypto Projects Higher Move

EGRAG Crypto charts Bitcoin entering its final structured cycle...

XRP: Hit, Miss, or Overshoot? Regression Analysis Signals Skyrocketing Potential

XRP's R-squared of 0.8475 signals a strong regression fit,...

Solana SOL Price Forms Ascending Triangle, Eyes $255 Breakout Target

Solana faces a pivotal ceiling, with three rejections marking...

Dogecoin Poised for Breakout: Analyst Predicts $0.23 Surge

Analyst @alicharts predicts DOGE could soar if it breaks...

CRO Rockets 40% Amid Trump Partnership and Bull Market Hype

CRO surges 40% to $0.2213 after Crypto.com’s partnership with...

Ethereum Gains Momentum as Bitcoin Whale Swaps $3B from BTC

A Bitcoin whale shifted nearly $3B from BTC to ETH, driving Ethereum’s dominance higher as Bitcoin consolidates near $110K.
spot_img

Related Articles

Popular Categories

spot_imgspot_img