Hyperliquid (HYPE) at Risk: Here’s Why the Price May Plunge by 22%

Hyperliquid (HYPE) at Risk: Here’s Why the Price May Plunge by 22%

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto Bits Hyperliquid (HYPE) has posted an evident recovery throughout April, with its price climbing by 7% since the beginning of the month. However, one popular analyst warned that the upswing could soon reverse into a double-digit pullback. Over the past few days, HYPE has consolidated around $40, while its market capitalization stands just south of $10 billion. This makes it the 13th-largest cryptocurrency, but according to Ali Martinez, things may change for the worse in the short term. He argued that HYPE has broken out of a rising wedge: a pattern that signals a correction toward $31, or a 22% decline from the cu

Source: https://cryptopotato.com/hyperliquid-hype-at-risk-heres-why-the-price-may-plunge-by-22/