<ul data-eligibleForWebStory="true"><li>HYPE's native token, HYPE, is experiencing a 25.30% weekly rise, indicating increased investor confidence and strong bullish sentiment.</li><li>The current price consolidation near $44.56 suggests a potential breakout, with technical analysis pointing towards $47 as the next resistance level.</li><li>Market capitalization reaching $14.82 billion underscores HYPE's growing importance in mid-cap digital assets.</li><li>The recent price behavior reflects a healthy market structure as HYPE tightens its range after a significant increase from previous lows.</li><li>Technical setups indicate a potential breakout towards $47, with patterns like a bullish flag or ascending triangle indicating a continuation of the upward trend.</li><li>Chart patterns and volume indicators support the likelihood of a breakout towards $47 if buying interest rises.</li><li>Community engagement and traders' bullish bias reinforce the positive sentiment towards HYPE's short-term outlook and potential to reach its next resistance level.</li></ul>

HYPE Price Eyes $47 Target Amid Strong Weekly Bullish Momentum

Discover more