HYPE USD Prints A +40% Weekly Candle: Is Alt Season Here?

by Adrian Russell
0 comments


HYPE USD is back, baby! What a stunning week for the new altcoin with a +40% gain weekly candle! Investors are probably back in bullish land and eyeing even higher prices. This week we are going to have a lot of big economy news coming out, which will be significant and effect the financial markets. Will Hyperliquid sustain the momentum? Follow along for further insight.

Market Cap





There was this rumour going around that ASTER was going to be a big competitor to Hyperliquid. This analysis by StrongHedge shows the correlation between both and where buyers’ interest was in for the past 10-15 days – in HYPE. Before reading further, please get acquainted with last week’s analysis.

DISCOVER: Best Meme Coin ICOs to Invest in 2025

HYPE USD With 40% Weekly Gains: Will Buyers Keep The Momentum?

(Source – Tradingview, HYPEUSD)

Let us begin today’s analysis on the Weekly timeframe. We can see this beautiful 2024 High acting as a strong support and that is exactly what investors like to see. This is a young project and we don’t have much price history when it comes to the weekly timeframe. But sometimes this kind of price action becomes a time area in long-term price history fading to the bottom left part of the screen. Will this become reality for HYPE USD?

DISCOVER: Top Solana Meme Coins to Buy in 2025

(Source – Tradingview, HYPEUSD)

On the Daily chart, Hyperliquid looks very decent too. RSI ranged in the bottom half for nearly a month and now it is breaking back into the upper half of its range. Also, price has regained all Moving Averages on this timeframe, while MA200 looks like a support. Now it needs to maintain and stay above for decisive reclaim. Then our next target to reclaim is the LH level.

DISCOVER: Top 20 Crypto to Buy in 2025

Hyperliquid Going On a Run Soon? TA Gives The Verdict.

HYPE USD is showing great signs of strength with closing a +40% weekly candle. Technical analysis reveals key levels to watch.

(Source – Tradingview, HYPEUSD)

Final chart for this analysis for us is on the 4H. Here, we have the total price gain from the very bottom on October 17th – a whooping 47%. Next, HYPE USD broke two previous highs, which could be retested before moving onward to break the $50 level. But the retest could go as low as $40 or even wick down to $35 to liquidate overleveraged longs. Either way, price on this low timeframe entered bullish structure, which is a starter hope. Furthermore, if it is sustained throughout this week, we can expect new ATH soon.

Stay safe out there and have a profitable week!

DISCOVER: 9+ Best Memecoin to Buy in 2025

Join The 99Bitcoins News Discord Here For The Latest Market Update

HYPE USD Prints a +40% Weekly Candle: Is Alt Season Here?

  • HYPE USD had a strong weekend. It needs to price this week.
  • RSI on 1D has bottomed and is entering strength zone.
  • LH at $50 needs to be reclaimed next
  • Pull back expected – watch the $40 level for potential support.

The post HYPE USD Prints A +40% Weekly Candle: Is Alt Season Here? appeared first on 99Bitcoins.





Source link

Related Posts

Leave a Comment