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May 7, 2025

Hyperliquid’s HYPE Coin Surges 105% in a Month: Is an ATH Restest Possible?

HYPE Coin has made a stunning comeback, surging 105% this month. It has reclaimed the $20 zone, showcasing bullish momentum with daily gains averaging 5.39%. Recent technical analysis indicates a well-defined ascending triangle pattern, with resistance levels at $26 to $28 and a breakout target around $33 to $35. Investors and traders are keenly monitoring on-chain volume, which has also seen a sharp increase to $5. This momentum highlights the potential for HYPE Coin to challenge its all-time high, sparking interest among market participants.

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