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After Bitcoin, This Altcoin Could Mark New Highs in the Next 48 Hours

  • The Hyperliquid (HYPE) price is inching close to its all-time high at $35 after maintaining consecutive higher highs and lows, expected to trigger a 30% upswing in the next few days.
  • The increase in open interest for HYPE indicates a positive sign of new money entering the market, suggesting greater market participation and liquidity.
  • Technical analysis suggests that the HYPE price is likely to maintain an ascending trend towards reaching new highs, with indicators such as DMI, ADX, and RSI supporting a bullish continuation.
  • The price of Hyperliquid (HYPE) is anticipated to enter the discovery phase and potentially reach $42.15, marking new highs for the current price cycle.

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