#hype
HYPE is currently making a strong move off a solid support level, trying to break through higher price points. The current price is around $48.11, having reclaimed the crucial range between $42 and $45. As long as HYPE can hold this area, the charts still show a bullish trend. If we see strong bullish momentum, HYPE could first push up to $63, and then aim for the $75 to $90 range. The larger upward target indicated on the chart is around $110 or more. However, if the price fails to hold the $42 to $45 support level, the market might test the ascending support again before the next leg up. For now, unless this support level is broken, the overall trend remains strong.
HYPE is currently making a strong move off a solid support level, trying to break through higher price points. The current price is around $48.11, having reclaimed the crucial range between $42 and $45. As long as HYPE can hold this area, the charts still show a bullish trend. If we see strong bullish momentum, HYPE could first push up to $63, and then aim for the $75 to $90 range. The larger upward target indicated on the chart is around $110 or more. However, if the price fails to hold the $42 to $45 support level, the market might test the ascending support again before the next leg up. For now, unless this support level is broken, the overall trend remains strong.