HYPE Token Experiences 20% Rally, Trading Near Resistance at $50.44

HYPE token has experienced a notable 20% surge in value, currently trading near the resistance level of $50.44. This price increase comes after HYPE broke through its all-time high and encountered some profit-taking from traders who secured significant gains of $68,194.20. Support is situated at $46.77. The market now awaits a decisive move above the resistance level to fuel further upward movement.