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Potential Opportunity in HYPE Purchase as Hyperliquid Price Spikes by 7%, Potentially the Next Cryptocurrency to Burst

In the past day, the value of Hyperliquid increased by 7%, leading analysts to suggest that a recently introduced presale token might be the next to skyrocket.

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Hyperliquid's price skyrocketed by 7% in the past day, leading experts to speculate that this...
Hyperliquid's price skyrocketed by 7% in the past day, leading experts to speculate that this pre-sale token could be the one to detonate next.

Potential Opportunity in HYPE Purchase as Hyperliquid Price Spikes by 7%, Potentially the Next Cryptocurrency to Burst

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Hyperliquid, the crypto star, soared 7% in the last 24 hours to hit $26.59 at 12:35 a.m. EST, with trading volume exploding 28% to $177 million.

Bullish HYPE: A Spectacular Recovery

The HYPE price has impressively bounced back from its recent low, skyrocketing from around $10 in March 2025 to $26.59. This rally began post the formation of a double bottom pattern, a potent bullish reversal signal.

Two deep troughs around the $11-$12 range serve as significant supports, hinting at a shift from bearish to bullish sentiment.

The breakout from this pattern transpired as the Hyperliquid price shattered the nearby resistance zone near $20, which lines up tightly with the 0.618 Fibonacci retracement level.

Since then, HYPE has galloped through the 0.5 level at $22.93 and now traded above the 0.382 level at $25.98, a crucial resistance-turned-support zone.

Meanwhile, the 50-day Simple Moving Average (SMA), now at $17.89, has convincingly been overtaken and is trending upward.

The Relative Strength Index (RSI) stands at 72.90, indicating it's in overbought territory. This suggests that while momentum is potent, HYPE might experience a minor pullback. However, in strong uptrends, the RSI can remain elevated for extended periods without leading to substantial corrections.

HYPE Price Outlook

Owing to the successful breakout from the double bottom, recapture of key Fibonacci levels, and robust bullish momentum, the Hyperliquid price seems poised to retest the next major resistance around the 0.236 Fibonacci level at $29.74. A confirmed breach above this could pave the way toward the previous highs near $35.83.

In the short term, given the overbought RSI, a pullback to the $23-$25 range (between the 0.5 and 0.382 Fibonacci levels) would be expected for the HYPE price.

Meanwhile, investors flock to grab Best Wallet (BEST), as 99Bitcoins on YouTube, with over 725K subscribers, suggests it could explode 10X post launch.

Best Wallet Presale Storming towards the $13 Million Mark - Is It the Next Crypto to Burst?

Best Wallet has now gathered over $12.3 million in its token presale, indicating strong demand for what it offers.

The project is a decentralized, non-custodial wallet designed to simplify crypto management. It offers users an easy way to buy, sell, store, and swap over 1,000 tokens across more than 60 blockchains within one hassle-free mobile app. Whether it's BTC, ETH, SOL, or DOGE, Best Wallet can handle swaps with low fees.

With decentralization and privacy becoming ever more crucial, Best Wallet adopts crypto's fundamental values: empowering users to control their assets while safeguarding personal data.

One feature of Best Wallet is garnering intense interest from investors: its "Upcoming Tokens" section helps users discover promising projects still in their infancy.

The Best Wallet Community is on fire right now! 🔥

We've witnessed a record high in participation across our community events and games, with dedicated members grabbing prestigious roles in our Discord. 🏆

🔹Over 1K participants weekly in our daily rumbles🔹Over 300 in...

  • Best Wallet (@BestWalletHQ) May 12, 2025

The project's knack for spotting promising cryptos is already evident. It highlighted Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that paid off handsomely for early backers.

Investors can also stake BEST tokens for an attractive 119% annual return. Currently, BEST tokens are priced at $0.025035.

Those interested should buy before a price hike, which could happen in roughly 36 hours.

Find BEST on its official website.

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Best Wallet - Diversify Your Crypto Portfolio

Our Rating

  • User-Friendly, Feature-Rich Crypto Wallet
  • Gain Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now Available on App Store, Google Play
  • 250,000+ Monthly Active Users

Join Our Telegram channel for the latest crypto updates!

  1. In addition to staying updated on the latest cryptocurrency news through our Telegram channel, investors might be interested in exploring investing opportunities in technology-driven projects such as Best Wallet, a decentralized wallet that aims to simplify managing various cryptocurrencies and could potentially offer an 119% annual return on BEST tokens.
  2. As the HYPE price continues its bullish momentum, those interested in finance and investing might find it advantageous to closely monitor the progress of Hyperliquid, a cryptocurrency that has demonstrated impressive recovery from its recent low, breaking key resistance levels and exhibiting robust bullish momentum, with potential for further growth toward previous highs.

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