Based

bullish

Solana

Resistance

Hyperliquid

<p>Over the past 24 hours, the HyperLiquid market price has increased by nearly 66%. The massive surge comes after the billion-dollar airdrop. The company has distributed 300 million HYPE tokens among its eligible community members. HyperLiquid.&nbsp;</p>   
<p>HyperLiquid aims to enhance the efficiency and performance of its DeFi applications. As a novel layer-1 blockchain, HyperLiquid maintains its main focus on performance and scalability.&nbsp;</p>   
<p>The main feature of the platform is its decentralized perpetual exchange services. It also provides decentralized exchanges that rely on off-chain order books. HyperLiquid has a development team from Harvard, Caltech, MIT, etc.&nbsp;</p>   
<p>Will the new breakout rally surpass the $0.10 barrier this weekend? Let's find out in Coinpedia’s latest HYPE price analysis.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-hyperliquid-hype-price-performance">Hyperliquid (HYPE) Price Performance</h2>   
<p>In the daily chart, the price surge continues with an intraday gain of 14.20%, creating the second consecutive bullish candle. Compared to its 30-day low of $0.0118, the current market price has surged 527%.</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/30162704/vFwKhprY-1024x509.webp" alt="HYPE price chart" class="wp-image-387536">
</figure>   
<p><a href="https://www.tradingview.com/x/flsTSIzq/" target="_blank" rel="noreferrer noopener">Tradingview</a></p>   
<p>Based on the HYPE token price action, the overnight surge leads to a bullish flag pattern breakout and results a positive crossover in the MACD indicator.&nbsp;</p>   
<p>Based on the pivot price standard, the bullish trend is expected to surpass the $0.10 psychological mark. The upside price targets are at $0.1236 and $0.1573. On the flip side, crucial support remains at $0.060 and $0.031.</p>   
<p>Will Solana witness a similar price run to $500 with the DeFi boost? Find out more about Coinpedia’s <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" target="_blank" rel="noreferrer noopener">Solana price prediction</a>.</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1732960079085">
  <strong class="schema-faq-question">What triggered the HYPE token's surge?</strong> 
  <p class="schema-faq-answer">A massive airdrop and a bullish flag breakout contributed to the 66% rally.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732960083137">
  <strong class="schema-faq-question">What are the key levels for HYPE price action?</strong> 
  <p class="schema-faq-answer">Resistance at $0.10, with upside targets at $0.1236 and $0.1573. Support at $0.060.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732960083517">
  <strong class="schema-faq-question">Does the technical setup favor further gains in HYPE?</strong> 
  <p class="schema-faq-answer">Yes, MACD crossover and bullish flag breakout signal strong upside potential.</p> 
 </div> 
</div>

HyperLiquid Price Analysis: Airdrop-Fueled Rally Targets $0.1573

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