Analyst Predicts 150% Surge for HYPE Token Amid Bullish Market Conditions
A prominent cryptocurrency analyst has flagged HYPE, the utility token of decentralized finance platform Hyperliquid, for a potential short-term price explosion. The token’s daily charts reveal a bullish formation, prompting the analyst to project a 150% rally—potentially lifting HYPE to $50.
Stable Bitcoin prices near $97,007 are seen as a tailwind for altcoins like HYPE. The analyst, followed by 245,300 traders on X, contends the four-year crypto cycle has reset, creating fertile ground for altcoin appreciation. Market participants now watch for confirmation of the breakout.