Hayes on X Explains Why Hyperliquid’s Price Jump Matters Now
- HYPE surged 53% in April, gaining attention from Arthur Hayes and crypto analysts.
- Drew Dove flagged a breakout above $19.30 with sustained buy signals on intraday charts.
- HYPE now trades above $20 with support near $17.50 and eyes a retest of the $21 resistance.
Arthur Hayes, BitMEX co-founder, has drawn renewed attention to Hyperliquid (HYPE) following a strong price rally in April.
In a post shared on X, Hayes responded to the frequently asked question, “when alt season?” by suggesting the obvious answer, referencing HYPE’s price chart. His post highlighted the token’s 53% monthly surge, suggesting growing interest in altcoins as bullish momentum accelerates across select assets.
Analyst Drew Dove Eyes $20 Support
Analyst Drew Dove also weighed in, stating that HYPE may not fall below $20 again. His chart on X showcased an intraday breakout above $19.30, with the token hitting an hourly high of $19.423 and rebounding from lows of $19.095.
Dove pointed…
The post Hayes on X Explains Why Hyperliquid’s Price Jump Matters Now appeared first on Coin Edition.
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Hayes on X Explains Why Hyperliquid’s Price Jump Matters Now
- HYPE surged 53% in April, gaining attention from Arthur Hayes and crypto analysts.
- Drew Dove flagged a breakout above $19.30 with sustained buy signals on intraday charts.
- HYPE now trades above $20 with support near $17.50 and eyes a retest of the $21 resistance.
Arthur Hayes, BitMEX co-founder, has drawn renewed attention to Hyperliquid (HYPE) following a strong price rally in April.
In a post shared on X, Hayes responded to the frequently asked question, “when alt season?” by suggesting the obvious answer, referencing HYPE’s price chart. His post highlighted the token’s 53% monthly surge, suggesting growing interest in altcoins as bullish momentum accelerates across select assets.
Analyst Drew Dove Eyes $20 Support
Analyst Drew Dove also weighed in, stating that HYPE may not fall below $20 again. His chart on X showcased an intraday breakout above $19.30, with the token hitting an hourly high of $19.423 and rebounding from lows of $19.095.
Dove pointed…
The post Hayes on X Explains Why Hyperliquid’s Price Jump Matters Now appeared first on Coin Edition.
Read More
Arbitrum’s Breakout Failed, but a Key Indicator Says the Rally Isn’t Dead