Hyperliquid (HYPE) & SUI Launch A Bullish Attack—Is This a Good Time to Buy HYPE OR SUI?

Share This Post

XRP & XLM Price

The post Hyperliquid (HYPE) & SUI Launch A Bullish Attack—Is This a Good Time to Buy HYPE OR SUI? appeared first on Coinpedia Fintech News

Hyperliquid becomes the latest addition to the top 20 after a stunning rise of over 20% in the past 24 hours. Meanwhile, the SUI price also triggered a strong rebound from the local lows as the bulls appear to be poised to push the token to new highs. While the bullish sentiments have been escalating within the crypto space, the prices of HYPE & SUI are believed to record eye-catching gains and may even mark fresh highs in the upcoming bull run. 

Hyperliquid (HYPE) Price Analysis

The Hyperliquid price has been rising consistently since the early trading hours, which has raised many eyebrows. Within a month of it’s inception, the token has made it to the top 20 cryptos according to the market cap, which is a big thing within the crypto space. Now that the price has triggered a massive rise, the question arises whether the price may remain elevated or dump hard in the coming days.

The short-term price action of HYPE suggests a pullback could be on the horizon as the token has broken above the decisive symmetric triangle. After a breakout, bulls tend to face some exhaustion and the upcoming bearish divergence substantiates the claim. Meanwhile, the Gaussian channel turns bullish, hinting towards the price sustaining within the bullish range. Therefore, the Hyperliquid price is believed to slightly drop below $25 and quickly rebound to $30. 

Sui (SUI) Price Analysis

The SUI price had maintained a healthy ascending trend since November 2024, which attracted massive bearish interference in 2025. After losing over 30% of it’s value, the price has triggered a strong rebound from the interim lows, hinting towards the resurgence of a consistent ascending trend. Therefore, the SUI price is now believed to maintain a healthy ascending trend to surpass the average range in a short while. 

 The SUI price has begun to rise after rebounding from the support of the rising parallel channel. The RSI has also triggered a healthy rebound from the lows, while the DMI levels have converged and are heading for a bullish crossover. Therefore, the SUI price is expected to maintain a healthy ascending trend and rise above $5 in a short while. Meanwhile, the target remains above $6.5 to form a new ATH. 

Considering the trade dynamics of both the tokens, it suggests that the SUI price is primed for a consistent ascending trend while the HYPE price could face a slight pullback. Hence, it may be a good time to buy SUI while the traders can wait for a while until the HYPE price reaches a good entry range. 

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ripple’s New Trademark Filing Sparks Speculation on Upcoming Crypto Wallet

The post Ripple’s New Trademark Filing Sparks Speculation on Upcoming Crypto Wallet appeared first on Coinpedia Fintech News Ripple Labs, the blockchain company behind the XRP token, has

Wazirx Preps for Relaunch With Zodia Custody, Backed by Banking Powerhouses

Wazirx is gearing up for a high-stakes relaunch after a major security breach, partnering with Zodia Custody to reinforce asset security and rebuild user trust Wazirx Is Gearing Up for High-Stakes

XRP To Triple Digits? Analyst Confident In $100 Price Goal

As one of the top-performing digital assets in the 4Q of 2024, it’s only natural that Ripple’s XRP attracts attention from its detractors and bullish supporters The bearish sentiment has been

Caution from US investors leaves Coinbase Premium negative

March brought significant volatility to Bitcoin After starting the month trading around $90,000, Bitcoin experienced a series of sharp declines, dipping below $80,000 by mid-March This 10% correction

Poll: Low Support for Federal Crypto Spending; White House Fact Sheet Contradicts Survey

A recent survey by Data for Progress found that only about 10% of US voters want the Trump administration to increase federal funding for cryptocurrency and blockchain development However, a White

Bitcoin Supply Stress Ratio Reaches Highest Since September: What It Means

On-chain data shows that the Bitcoin “Supply Stress Ratio” has climbed to 023 recently, a sign that may not be positive for the BTC market Bitcoin Supply Stress Ratio Indicates Market