<ul data-eligibleForWebStory="true"><li>HYPE cryptocurrency has shown a 5.90% gain in the last 24 hours, indicating bullish momentum.</li><li>Weekly performance remains negative, down 20.30%, but a one-month return of 5.16% suggests improving sentiment.</li><li>The current price of HYPE is $35.58 with a 24-hour trade volume of $433.38 million.</li><li>Technical indicators hint at a potential price target between $39 and $40 if resistance is broken.</li><li>Price action analysis shows a drop to $32 followed by a gradual increase towards $36, forming higher lows.</li><li>Bollinger Bands and Moving Average Convergence Divergence (MACD) indicate a bullish shift towards $40.</li><li>The Relative Strength Index (RSI) at 50.89 reflects improving strength and reduced downside pressure.</li><li>If HYPE maintains support above $34.60–$35, the upward trend is likely to continue.</li><li>A breakout above $37.50 could lead to further targets around $40, while a failure might trigger a pullback to $33.</li></ul>

HYPE Crypto Shows Recovery, Chart Indicates Potential $40 Price Target

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