The post Hyperliquid’s Growth Could Potentially Support HYPE Price Rally Above $45 appeared on BitcoinEthereumNews.com.

Hyperliquid’s rapid expansion in the decentralized exchange (DEX) sector is positioning its native token HYPE for a potential price rally beyond $45. The platform’s increasing market share and surging trading volumes underscore a robust growth trajectory that could sustain investor confidence in HYPE. According to a recent COINOTAG report, “Hyperliquid commands over 80% of the DeFi perpetual contracts market, highlighting its dominance in the sector.” Hyperliquid’s expanding DEX presence and rising trading volumes suggest a bullish outlook for HYPE, with key resistance levels at $41.23 and $45 in focus. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); HYPE Price Prediction: Technical Indicators Signal Bullish Momentum HYPE has recently demonstrated resilience by bouncing off the 50-day simple moving average (SMA) at $37.08, indicating strong buying interest at this support level. The 20-day exponential moving average (EMA), currently trending upwards at $38.43, alongside a relative strength index (RSI) slightly above 50, suggests a mild bullish bias. These technical indicators point toward a potential upward movement, with the immediate resistance set at $41.23. Should HYPE break this barrier, it could trigger a rally toward $44 and eventually challenge the $45.80 mark. Conversely, a failure to hold above the 50-day SMA may expose the token to downside risks, with support levels at $35.33 and $30.69 acting as critical floors. Market Consolidation and Short-Term Price Dynamics On the 4-hour chart, HYPE has been consolidating…

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Filed under: News - @ July 9, 2025 9:33 pm