Convergence

Token

bullish

Hyperliquid

Divergence

The Hyperliquid price soared 38% in the last 24 hours to trade at $12.15 as of 11:27 p.m. EST on trading volume that plunged 4% to $242.9 million.
<h2 id="hyperliquid-price-on-a-progressive-upward-trend">Hyperliquid Price On A Progressive Upward Trend</h2>
After its launch less than a week ago, the Hyperliquid price has been in a continued surge, despite having traded within the $9 range in the past 3 days.&nbsp;
The consolidation within this range allowed the price of Hyperliquid to soar, forming a parabolic curve.
The <a href="https://www.coingecko.com/en/coins/hyperliquid" rel="noopener noreferrer nofollow">price of HYPE</a> is now trading at $12.15, well above the 50-day Simple Moving Average (SMA), confirming bullish momentum. The breakout is supported by a significant volume spike, indicating strong buying pressure.
The Relative Strength Index (RSI) also supports the rising pressure, which has already crossed above the 70-overbought region, currently at 78.
Meanwhile, the Moving Average Convergence Divergence (MACD) blue line (0.8381) is significantly above the orange signal line (0.5843), and the histogram shows increasing positive momentum.
If the breakout sustains, the next significant target lies around $14.00. The trend remains bullish as long as the price stays above the 50-day SMA and volume remains high.
<figure id="attachment_606703" aria-describedby="caption-attachment-606703" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-606703" src="https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-04_07-27-38.png" alt="Hyperliquid Price Chart Analysis Source: Dexscreener" width="1120" height="525" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-04_07-27-38.png 1120w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-04_07-27-38-300x141.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-04_07-27-38-1024x480.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-04_07-27-38-768x360.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-04_07-27-38-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-04_07-27-38-83x40.png 83w" sizes="(max-width: 1120px) 100vw, 1120px">
 <figcaption id="caption-attachment-606703" class="wp-caption-text">
 HYPEUSD Chart Analysis Source: Dexscreener
 </figcaption>
</figure>
However, with the RSI in the overbought zone, some consolidation or pullback to the $11.50-$12.00 range is likely before resuming the uptrend.
Meanwhile, investors who are looking for diversification opportunities might consider the newly launched <a href="https://insidebitcoins.com/visit/bestwalletpresale" rel="noopener noreferrer nofollow">Best Wallet (BEST)</a> presale.
<h2 id="best-wallet-presale-amasses-over-2-1-million-in-funds-raised">Best Wallet Presale Amasses Over $2.1 Million In Funds Raised</h2>
Best Wallet is a new Web3 crypto wallet that combines advanced features with a user-friendly design, aiming to become a leader in the next generation of crypto wallets.
The token has now amassed over $2.1 million in funds raised. Starting out as a private sale, it is now open to the public.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 🔥 The <a href="https://twitter.com/search?q=%24BEST&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BEST</a> token presale is officially live! 🔥
 For the next two weeks, this exclusive opportunity is only available to Best Wallet users, so take advantage while you can!
 Join the presale now and secure your tokens at a discounted price. 🚀
 Download the app! 📲… <a href="https://t.co/VItxcDHAoE" rel="noopener noreferrer nofollow">pic.twitter.com/VItxcDHAoE</a>
 — Best Wallet (@BestWalletHQ) <a href="https://twitter.com/BestWalletHQ/status/1855936977184391282?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 11, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The wallet offers a unique presale approach, allowing users to buy $BEST tokens exclusively through the app itself.
An analyst on the YouTube channel 99Bitcoins, with over 711k subscribers, says Best Wallet is his favorite crypto wallet.
<iframe title="THE BEST CRYPTO WALLET?! Why This Is My Favorite No KYC Crypto Wallet!" width="640" height="360" src="https://www.youtube.com/embed/IiBL8sdFC_Q?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
The native token, $BEST, powers the Best Wallet ecosystem, providing reduced transaction fees and exclusive early access to the hottest new presale.
One good example of Best Wallet’s success in flagging upcoming presales is Catslap ($SLAP), which went parabolic after its recent launch.
Investors can currently purchase $BEST for $0.022925. 
To join the presale before a price increase in about 42 hours, download the Best Wallet on <a href="https://insidebitcoins.com/visit/bestwalletpresale" rel="noopener noreferrer nofollow">the official $BEST Token website</a>, click ”Upcoming,” and grab your BEST tokens.&nbsp;
<h2 id="related-news">Related News</h2>
<ul>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/new-popcat-rival-catslap-slap-sees-price-skyrocket-143-next-1-billion-cat-meme-coin" rel="noopener noreferrer nofollow">New Popcat Rival Catslap (SLAP) Sees Price Skyrocket 143%</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/best-wallet-soars-past-2m-in-1-week-of-public-presale-next-gen-wallet-flags-190-kaia-like-profits" rel="noopener noreferrer nofollow">Best Wallet Soars Past $2M In 1 Week Of Public Presale</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/catslap-slap-soars-85-after-500k-whale-buy-igniting-speculation-over-coinbase-or-binance-listing" rel="noopener noreferrer nofollow">Catslap (SLAP) Soars 85% After $500K Whale Buy</a></li>
</ul>

Is It Too Late To Buy HYPE? Hyperliquid Price Soars 38% And This Might Be The Next Crypto To Explode

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