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BTCC / BTCC Square / Global Cryptocurrency /
Hyperliquid Crypto Price Eyes Breakout, Is the $50 Mark Possible?

Hyperliquid Crypto Price Eyes Breakout, Is the $50 Mark Possible?

Author:
Global Cryptocurrency
Published:
2025-11-10 08:59:01
19
2
BTCCSquare news:

Hyperliquid (HYPE) surged 6.99% to $42.81 amid bullish momentum, fueled by the BLP Testnet launch and heightened DeFi activity. Whales Leveraged trades amplified volatility as technical indicators signal potential upside.

The token now tests the 38.2% Fibonacci retracement at $43.68. A decisive break could target $46.07, with $49.95 in sight. RSI at 59.80 suggests room for growth while the 50-day SMA at $40.79 provides robust support.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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