The post HYPE’s price hits key level, but is $50 REALLY on the way? appeared on BitcoinEthereumNews.com.

Key Takeaways Experts believe HYPE could hit a new ATH in the coming days. The major liquidation levels of $44.25 on the lower side and $47 on the upper side are still worth looking at though. Over the past week, Hyperliquid (HYPE) has registered an impressive 27% uptick, with its price hitting the upper Bollinger Band on the charts. Despite this potential red flag though, experts and investors continue to show strong interest and confidence in the asset. Predictions and price momentum On 11 August, several bold predictions surfaced on X (formerly Twitter). Some believe HYPE’s cool-off phase is over and that it is on the road to $100, while others predict its next stop could be $50 and then, $60. Meanwhile, some also think that HYPE may be ready to make a new all-time high. These predictions on X have gained widespread attention, reflecting experts’ growing interest and confidence in the asset’s potential in the coming days. At press time, HYPE was valued at $45.50, up 4.5% over the past 24 hours. This impressive performance has sparked greater participation from investors and traders, leading to a 15% surge in trading volume.  Hyperliquid (HYPE) price action and technical analysis AMBCrypto’s technical analysis revealed that the asset has been on an uptrend, consistently taking support from an ascending trendline since the beginning of May 2025. This changed somewhat after the altcoin’s price appreciated by over 27% over the past week.  Thanks to this rally, HYPE’s price climbed to hit the upper boundary of the Bollinger Bands. This suggested that while strong bullish momentum may be backing HYPE, a price correction may be incoming before the next leg up. Source: TradingView Historically, whenever HYPE’s price hits the upper boundary of the Bollinger Bands, it tends to face selling pressure and subsequent downside momentum.…

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Filed under: News - @ August 12, 2025 7:28 am