{"id":40276,"date":"2025-06-02T11:36:07","date_gmt":"2025-06-02T11:36:07","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/02\/hype-price-break-and-retest-points-to-a-hyperliquid-token-rebound\/"},"modified":"2025-06-02T11:36:07","modified_gmt":"2025-06-02T11:36:07","slug":"hype-price-break-and-retest-points-to-a-hyperliquid-token-rebound","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/02\/hype-price-break-and-retest-points-to-a-hyperliquid-token-rebound\/","title":{"rendered":"HYPE price break-and-retest points to a Hyperliquid token rebound"},"content":{"rendered":"
<\/div>\n

The Hyperliquid token price has pulled back in the past few days as investors take profits after the recent surge. The HYPE token retreated from a high of $39.92 last week to the current $32.5. It remains about 260% higher than its April low of $9.295. Let\u2019s explore whether the HYPE price has more upside ahead.<\/p>\n

Hyperliquid growth continues<\/h2>\n

The derivatives market is one of the best-performing areas in the crypto industry. For example, Binance handled over $10.2 billion in the last 24 hours in the spot market, and $49 billion in the derivatives market. <\/p>\n

Similarly, Bybit and Bitget handled over $18 billion in the derivatives market each, and $1.9 billion and $2.2 billion in the futures market. <\/p>\n

Traders love the derivatives market because of the soaring liquidity and the ability to use leverage, which helps them to optimize returns. <\/p>\n

While Hyperliquid has helped traders make a lot of money, history shows that some of them have lost a lot. A good example of this is John Wynn, a trader who lost over $1 billion last week. <\/p>\n

Hyperliquid has become the biggest decentralized exchange<\/a> in the crypto industry, enabling users to trade perpetual futures.<\/p>\n

Data shows that Hyperliquid is handling more volume than other well-known crypto exchanges. It also has the biggest market share in the decentralized perpetual futures industry. <\/p>\n

Read more: Hyperliquid\u2019s HYPE staking goes live on mainnet<\/a><\/p>\n

According to Dune<\/a>, the network handled over $15 billion in the last 24 hours, much higher than many other exchanges. This growth has brought its cumulative volume to over $2.8 trillion. It has also executed over 77 billion trades since its inception.<\/p>\n

More data shows that the number of Hyperliquid users has continued growing as its popularity has surged. It now has over 600 users in its platform.<\/p>\n

These numbers are all much better than other perpetual futures platforms like Jupiter, APX Finance, and ApeX Protocol. <\/p>\n

This growth has made Hyperliquid one of the most profitable players in the crypto industry. It made over $70 million in fees in May, up from $43 million in the previous month and $39 million in March. <\/p>\n

HYPE price technical analysis<\/h2>\n
Hyperliquid token chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

The daily chart shows that the HYPE price has been in a strong surge in the past few weeks, moving from a low of $9.295 in April to almost $40 in May. <\/p>\n

It formed a cup-and-handle pattern whose upper side was at $28.40. A C&H is one of the most bullish patterns in technical analysis. <\/p>\n

The coin has constantly remained above the 50-day and 100-day Exponential Moving Averages (EMA), a sign that bulls are in control.<\/p>\n

HYPE price has pulled back in the past few days, moving from $39.9 to $32. This retreat is part of the formation of a break-and-retest pattern, which happens when an asset moves back to a key support level. <\/p>\n

Such a retest is usually a bullish sign. If this happens, it means that it will drop to $28.40 and then bounce back, potentially to $40, then $50.<\/p>\n

The post HYPE price break-and-retest points to a Hyperliquid token rebound<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Hyperliquid token price has pulled back in the past few days as investors take profits after the recent surge. The HYPE token retreated from a high of $39.92 last week to the current $32.5. It remains about 260% higher than its April low of $9.295. Let\u2019s explore whether the HYPE price has more upside <\/p>\n","protected":false},"author":1,"featured_media":40277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-40276","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=40276"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/40277"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=40276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=40276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=40276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}