Hyperliquid's HYPE Token Hits Record High Amid Growing Trader Interest
- Surging Social Activity: According to Santiment, HYPE's social dominance has reached its highest level in 2026, with rising prices and increased trader confidence indicating strong market interest in the Hyperliquid project.
- Growing Trading Volume: The increasing perpetual futures trading volume and expansion of Hyperliquid's decentralized trading infrastructure have positioned it as a credible competitor to centralized derivatives exchanges, further bolstering investor confidence.
- Optimistic Technical Analysis: Crypto analyst Ali Martinez believes HYPE's rally may have more room to run, as previous sell signals have been invalidated, with potential price targets of $97 and $163 if momentum continues, indicating strong market potential.
- Positive ETF Market Response: The launch of Hyperliquid ETFs by 21Shares and Bitwise has attracted over $57 million and nearly $80 million in inflows, respectively, demonstrating strong investor demand and validating its potential as a financial 'super-app'.
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Technical Analysis for BASED
Technical Sentiment Analysis for Based (BASED). As of , Based (BASED) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 1 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BASED 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, BASED 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 $-.
Based (BASED) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0313 | 0.0446 | 0.0566 | 0.0699 | 0.0818 | 0.0951 | 0.107 |
| Fibonacci | 0.0446 | 0.0542 | 0.0602 | 0.0699 | 0.0795 | 0.0855 | 0.0951 |
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