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The Hyperliquid price surged 7% in the last 24 hours to trade at $26.59 as of 12:35 a.m. EST, with trading volume soaring 28% to $177 million.
Hyperliquid Price On A Strong Bullish Trend Reversal
The HYPE price has demonstrated a strong bullish recovery from its recent bottom, surging from approximately $10 in March 2025 to $26.59. This rally was initiated following the formation of a double bottom pattern, a classic bullish reversal signal.
The two distinct troughs around the $11–$12 range mark significant support and indicate a shift in market sentiment from bearish to bullish.
The breakout from this pattern occurred as the Hyperliquid price cleared the interim resistance zone near $20, which coincides closely with the 0.618 Fibonacci retracement level.
Since then, the HYPE price has rallied through the 0.5 level at $22.93 and now sits just above the 0.382 level at $25.98, a critical resistance-turned-support zone.
Meanwhile, the 50-day Simple Moving Average (SMA), now at $17.89, has been definitively overtaken and is trending upward.
The Relative Strength Index (RSI) is at 72.90, placing it in overbought territory. This suggests that while momentum is strong, HYPE could be due for a minor pullback.
However, in strong uptrends, the RSI can remain elevated for extended periods without leading to significant corrections.
HYPE Price Prediction
Given the successful breakout from the double bottom, reclaim of major Fibonacci levels, and strong bullish momentum, the price of Hyperliquid appears poised to retest the next major resistance around the 0.236 Fibonacci level at $29.74.
A confirmed break above this could pave the way toward the previous highs near $35.83.
In the short term, given the overbought RSI, a pullback to the $23–$25 range (between the 0.5 and 0.382 Fibonacci levels) would be expected for the HYPE price.
In the meantime, investors are flocking to buy Best Wallet (BEST), which popular YouTube channel 99Bitcoins, with over 725K subscribers, says has the potential to soar 10X after launch.
Best Wallet Presale Racing Toward The $13 Million Mark – Next Crypto To Explode?
Best Wallet has now raised over $12.3 million in its token presale, signaling strong demand for what the project has to offer.
The project is a decentralized, non-custodial wallet designed to simplify crypto management. It’s a tool that lets users buy, sell, store, and trade over 1,000 tokens across more than 60 blockchains, all from one user-friendly mobile app. Whether it’s Bitcoin, Ethereum, Solana, or Dogecoin, Best Wallet can handle swaps with low fees.
With decentralization and anonymity becoming more crucial than ever, Best Wallet aligns with crypto’s fundamental values: giving users full control over their assets while keeping their personal data secure.
Among Best Wallet’s many features, one is gaining outsized interest from investors. Its “Upcoming Tokens” section helps users discover promising projects still in the early stages.
The Best Wallet Community is on fire right now! 🔥
We’ve hit a record high in participation across our community events and games, with loyal members snapping up top prizes and prestigious roles in our Discord. 🏆
🔹Over 1K participants weekly in our daily rumbles
🔹Over 300 in…— Best Wallet (@BestWalletHQ) May 12, 2025
The project’s success in identifying promising cryptos is already well established. It flagged Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that delivered massive gains for early investors.
Investors can also stake BEST tokens for a huge 119% annual return. Currently, BEST tokens are priced at $0.025035.
Those interested should buy before a price hike in around 36 hours.
Check out BEST on its official website.
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Best Wallet - Diversify Your Crypto Portfolio
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