Hyperliquid HYPE Price Rally Continues, Enters Top 10 in Crypto

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 hour ago

TOKEN-1.65%

HYPE+4.18%

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Price Volatility Analysis: The HYPE price has entered a consolidation phase after an explosive 42% rally in recent weeks, currently trading within the $46,000 to $50,000 range, and if it maintains above this support zone, the market could enter a new price discovery phase.
Buyback Mechanism Fuels Demand: Hyperliquid's platform utilizes 97% of trading fees to buy back HYPE tokens, having repurchased over $1.16 billion worth of tokens so far, creating sustained buy-side pressure directly linked to platform activity.
Market Share Growth: Hyperliquid has captured around 7% of the total perpetual futures open interest market, with open interest reaching approximately $9.55 billion, demonstrating strong performance in competition with major centralized exchanges.
Regulatory and Competitive Risks: As regulatory pressures increase and competitors intensify their efforts, Hyperliquid faces significant market challenges, particularly with CFTC calls for tighter regulations on permissionless commodity markets, which could impact trading activity and the effectiveness of its buyback system.

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Technical Analysis for TOKEN

Technical Sentiment Analysis for TokenFi (TOKEN). As of , TokenFi (TOKEN) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

TokenFi (TOKEN) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.002	0.00236	0.00269	0.00305	0.00338	0.00374	0.00407
Fibonacci	0.00236	0.00262	0.00279	0.00305	0.00332	0.00348	0.00374

About TOKEN

TokenFi aims to simplify the crypto and asset tokenization process and eventually become the foremost tokenization platform in the world.The tokenization industry is projected to be a $16 trillion industry by the year 2030. BlackRock, the world’s biggest institutional investor with $10 trillion of assets under management, strongly believes in the industry’s potential, which they call 'the next evolution in markets”.TokenFi is launched by the highly experienced and connected Floki team that launched the popular Floki token that went to an ATH valuation of $3.5 billion. They will be leveraging this same experience to make TokenFi the number one tokenization platform in the industry.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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