Hyperliquid’s (HYPE) Price Predictions: A Look at the Charts

The price of Hyperliquid (HYPE) has been surging upwards, breaking through the $45 mark in just 4 hours. Analysts attribute this surge to strong buying activity and expanding DeFi applications alongside increased institutional investment. This recent upward trend is evident on the 4-hour chart, with price reaching $45 after a brief pullback towards $48 before settling back. The current dip provides temporary respite as buyers are expected to reassert dominance if prices keep bouncing above $42, which acts as the first line of support for the uptrend.