Hyperliquid's HYPE token gained 6.57% in 24 hours, trading near $40 with a $13.39 billion market cap.
Technical analysis indicates a bullish engulfing pattern, hinting at a retest of the all-time high at $46 and potential further gains.
Forecast models suggest steady growth for July 2025, with the possibility of a surge towards the $48-$50 range supported by strong buying momentum.
The news article provides insights into the price movements and predictions for Hyperliquid's HYPE token, emphasizing recent gains and future potential.