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Hyperliquid (HYPE) Price Prediction: HYPE Eyes $50+ as Sell Wall Thins and Momentum Builds

  • Hyperliquid (HYPE) is holding strong above its previous all-time high and consolidating for over seven weeks, signaling a potential breakout.
  • The technical outlook shows potential for a breakout above $44, targeting the $50 to $55 range, supported by a clean uptrend and solid fundamentals.
  • The selling order book on HYPE is thinning out, with a significant decrease in the sell wall at $50, indicating a shift in momentum favoring the bulls.
  • Hyperliquid's price analysis indicates the formation of an ascending triangle, with a breakout above $44 potentially leading to new all-time highs, aligning with a bullish price prediction of a $100 billion market cap.

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