HYPEUSDT trade ideas
Breaking: $HYPE Coin Set for Another Breakout After New ATHIntroduction
In the fast-paced world of decentralized finance (DeFi), GETTEX:HYPE is making waves once again. Days after reaching its all-time high (ATH) of $29, the token is showing signs of another bullish breakout. With its strong technical setup and solid fundamentals, traders and investors are closely watching as momentum builds for the Layer 1 decentralized exchange (DEX) token that offers up to 200x leverage.
What is Hyperliquid?
Hyperliquid represents a next-generation Layer 1 (L1) blockchain platform designed to revolutionize the DeFi space. At its core, Hyperliquid prioritizes performance, scalability, and user efficiency with its innovative features:
1. Custom Layer 1 Blockchain: Built from the ground up, Hyperliquid eliminates traditional blockchain bottlenecks, supporting a high throughput of 100,000 orders per second with block latency under 1 second.
2. HyperBFT Consensus Mechanism: A proprietary consensus inspired by Hotstuff ensures rapid transaction finality and robust security.
3. Fully On-Chain Order Book: Unlike most DEXs relying on off-chain solutions, Hyperliquid’s on-chain order book enhances transparency and trust.
4. Zero Gas Fees: Transactions occur without gas fees, significantly lowering the cost barrier for perpetual futures trading.
5. Native Applications: The flagship product, Hyperliquid DEX, facilitates perpetual futures trading directly on the L1 blockchain, positioning itself as a pioneer in on-chain perpetual exchanges.
Hyperliquid’s self-funded approach ensures independence and focus, with a development team comprising alumni from Harvard, Caltech, MIT, and professionals from top-tier tech and financial firms.
Market Performance and Metrics
Hyperliquid’s impressive growth is backed by strong market activity:
- Current Price: ~$28.10 (down 3.01% from ATH)
- 24h Trading Volume: $353.4 million (+0.40%)
- Market Cap: $9.5 billion (Rank #26 on CoinGecko)
- Fully Diluted Valuation: $28.4 billion
- All-Time Low: $3.81 (Nov 29, 2024) – Up 639% since its lowest point
With a 107.1% price increase over the past 7 days, GETTEX:HYPE has significantly outperformed both the global cryptocurrency market (+8.8%) and its Smart Contract Platform peers (+8.4%).
The token’s liquidity and trading demand remain robust, with centralized exchanges like KuCoin, BingX, and CoinW driving the bulk of its volume. The HYPE/USDT pair alone saw $13.5 million in trading volume on KuCoin in the last 24 hours.
Technical Analysis
On the daily chart, GETTEX:HYPE displays a bullish symmetrical triangle, a continuation pattern that typically precedes a breakout.
- Current Price: ~$28.10 (up 4.45%)
- Key Resistance: $29.03 (ATH)
- Next Target: $35
- Potential Upside: A confirmed breakout could send GETTEX:HYPE soaring toward $50, representing a 50% move from its current level.
Indicators Supporting the Breakout
1. Relative Strength Index (RSI): Currently at 59, the RSI signals plenty of room for further upward movement before entering overbought territory.
2. Volume Surge: A 33% increase in trading volume over the past 24 hours underscores growing bullish momentum.
3. Price Action: A move above the recent high of $29 would invalidate any bearish sentiment and likely trigger FOMO-driven buying.
With GETTEX:HYPE consolidating near its ATH, the breakout scenario appears increasingly likely, given the strong technical and fundamental tailwinds.
Conclusion
Hyperliquid’s innovative Layer 1 blockchain and fully on-chain perpetuals exchange position it as a trailblazer in the DeFi space. With a combination of:
- Strong fundamentals (zero gas fees, high throughput, and a top-tier team),
- Exceptional market performance,
- Bullish technical patterns (symmetrical triangle and RSI at 59),
GETTEX:HYPE is set for another potential breakout. A move above $29 could trigger a surge toward $35 and beyond, with an upside target of $50 in sight.
As always, investors and traders should proceed with caution, conduct thorough research, and stay alert for market developments. However, the momentum behind GETTEX:HYPE appears undeniable as it continues to capture the attention of the crypto world.
HYPE is not HYPED! Its worth it!As I always say and mention, wicks are directional, it shows path. The HYPE ive analysed is sole on Kucoin and not others so the price lisiting is quite off guard.
As seen on a 45 mins charts a spike is seen as shown and is blowing off the darvas box.
Now, Its 200% confirmed its going to have a ride, so existing hodlers hold, new buyers CMP 30% buy with more addition at red line, aiming for straight wicks.
Aiming for the purple line!
Hyperliquid bullpost #2Tradingview does not want to list Hyperliquid/USDC, so I am making this idea using the gate.io premarket futures.
Hyperliquid will have an intense Solana like runup in 2025. I believe each token can realistically be valued between 40 to 100 dollars.
Hyperliquid has a core base of users already, each holding a large amount of wealth gained mostly through risk taking activities (trading or buying spot tokens). This incentivizes builders to build products sate that appetite for risk. Lending and borrowing, liquid staking, options, gambling, prediction markets etc can all be built on Hyperliquid.
It is technically a very solid chain. 200k TPS for perps, and most likely a more degraded tps for other activities, however it should be more than enough.
I believe a Solana style runup can occur, after the launch of the EVM in q1 of 2025.
I personally will be using the platform and ecosystem, to familiarize myself with the environment and to get a homefield advantage when investing into early stage projects.
There is a lot to my thesis. Concentration of wealth, next sol / eth narrative, good tech, etc. Too much to write here, but here is my long term price prediction:
HYPE to 800
HYPE: $0.09 cents | a $35billion Dex Project when u marry GMMX FTX UNiSWAP and Binance
you get HYPE
Biggest Airdrop to happen more than that of Uniswap
Simultaneous rollout of Moon Coins PURR JEFF LQNA etc..
for serious players who wants results fast
founder is clever smart and put a lot of consideration to early users participant
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HYPERLIQUID.xyz this is where early birds get to moon.
1.Get a Wallet : OKX or METAMASK
Activate that ARBITRUM ONE chain network
2.Send Ethereum to ARBiTRUM ONE not EVM not NOVA but ARBITRUM ONE or else u will loose that eth (gas is only $0.50 cents or lower). This is for the gas deals swaps ect.
3. Send USDC to ARBITRUM ONE network
u need this to fund your HYPERLIQUID account (google Hyperliquid.xyz)
4.You know the drill DEPOSIT to Spot (default is Perpetual)
5. Pick top 5 in house Super MEME coins PURR QNA JEFF