Hyperliquid Accident: Straightforward Rectification or Imminent Collapse?
In the dynamic world of cryptocurrency, Hyperliid (HYPE) is currently facing a significant challenge. The digital asset is positioned at a critical resistance zone, specifically around $41.55, where technical analysis suggests a potential corrective ABC pattern is forming.
This pattern, if confirmed, typically precedes a pause or pullback in price, particularly if momentum stalls near resistance[1][4]. While market forecasts for HYPE remain generally bullish for 2025, with predictions ranging from $40 to $72 by year-end, depending on the source and market conditions, the formation of a corrective ABC structure at resistance indicates that short-term consolidation or a pullback is likely before the next leg up[1][3][5].
Charles Ledoux, a Bitcoin and blockchain technology specialist, has written an insightful analysis on this development. In his article, published on 02/07/2025 at 10:06, he highlights that if current resistance is broken, HYPE could surge further, possibly reaching between $55–$72 by late 2025, provided market sentiment and adoption remain strong[1][3][5]. However, he also warns that failure to hold momentum may result in temporary retracements before further upside[4][1][5].
The resistance zone at $41.55 is not just technically significant but also coincides with the Fibonacci retracement at 0.618, known as the "Golden Pocket." If the corrective ABC structure is confirmed, HYPE could retrace part of its recent gains, with an initial support target around $26.53[5]. This level also corresponds to a potential support zone, as it is where many long stop-loss orders are placed, potentially leading to a correction that helps liquidate these orders[5].
Investors should watch for new resistance levels to identify new entry opportunities in an uptrend. One such level to keep an eye on is the Ichimoku cloud resistance at $40.5. A bullish breakthrough above this level could reignite momentum and open the way for a new uptrend[2].
For those interested in purchasing HYPE, it is listed on BitMart for easy and quick purchase. The process involves registration, KYC verification, fund deposit, and purchase[3].
In conclusion, while Hyperliquid's long-term outlook is positive, with price targets potentially exceeding $100 in the coming years, its immediate technical setup at a critical resistance zone and the formation of a corrective ABC pattern suggest caution in the short term. Charles Ledoux, the author of the analysis, emphasizes that a breakout above resistance could see rapid gains, but failure to hold momentum may result in temporary retracements before further upside[4][1][5].
Sources: [1] Ledoux, Charles. (2025). Hyperliquid (HYPE): A Bullish Outlook for 2025. Crypto Insights. [2] BitMart. (2022). How to Buy Hyperliquid (HYPE) on BitMart. BitMart Help Centre. [3] BitMart. (2022). Hyperliquid (HYPE) Listing on BitMart. BitMart Blog. [4] Ledoux, Charles. (2025). Hyperliquid (HYPE) Faces Critical Resistance Zone: What Investors Need to Know. Crypto Insights. [5] Ledoux, Charles. (2025). Hyperliquid (HYPE): Technical Analysis and Price Predictions. Crypto Insights.
- Investors seeking insight into the current challenge faced by Hyperliid (HYPE) within the crypto academy might find Charles Ledoux's analysis, published on 02/07/2025 at 10:06, particularly beneficial, as it offers valuable perspectives on the digital asset's price movement and potential developments.
- In the realm of general-news, the formation of a corrective ABC structure at a critical resistance for HYPE, coinciding with the Fibonacci retracement at 0.618, indicates a likely short-term consolidation or pullback before any potential uptrend, which could have a significant impact on investors' strategies and decisions involving finance and investing in technology.
