Hyperliquid (HYPE) Explodes by 20% in a Day but Red Flags Appear

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Hyperliquid (<a href="https://pricpr.com/hype-usd/">HYPE</a>) Explodes by 20% in a Day but Red Flags Appear

Hyperliquid’s token has recently outperformed many larger cryptocurrencies, jumping over 20% to reach $47 – its highest price since last October. This surge added approximately $2 billion to its total value, pushing it close to becoming one of the top 10 altcoins by market capitalization.

Coinbase is likely a major reason for the recent increase in activity. They recently announced they’re officially managing the USDC stablecoin on Hyperliquid, making it easier to use within the platform’s new system for quote assets.

This week saw the launch of 21Shares’ HYPE ETF, and today Bitwise is releasing another new ETF.

The US Senate Banking Committee also approved the Digital Asset Market Clarity Act, and this news caused crypto prices to rise significantly.

The Warning Signs

Ali Martinez was quick to analyze the significant price increase of HYPE. He shared his insights on X, using the TD Sequential indicator – a tool he often employs to identify potential turning points in an asset’s price trend.

According to Martinez, the indicator accurately predicted HYPE’s recent price increase from $22 to $44. However, it’s now suggesting it’s time to sell, which could cause investors to cash out and potentially lower the price to around $36 or $33.

Crypto Patel agrees and cautions traders against getting carried away by excessive excitement. He suggests that if the token doesn’t break past $46, its future plans may face significant difficulties.

$33 → First Meaningful Reaction

$30 → Where I’m Actually Interested (Bullish OB + 0.5 Fib Confluence)

$27 → Golden Pocket, Deeper Liquidity

$24 → The Floor I Don’t Expect To See, But It’s There

Patel also mentioned that if HYPE’s price goes above $50, their current analysis would no longer be accurate, and they would change their prediction.

The 20/80 Ratio

Another analyst, GA Crypto, shared a similar cautious outlook, but also suggested a possible scenario for HYPE’s future price. They believe there’s a 20% chance it could exceed its previous high of $59 from last September, but an 80% chance it will decrease in value to find lower buying opportunities.

Experts cautioned investors to exercise caution with tokens that have risen sharply in price over a short period.

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2026-05-15 11:21