$HYPE Rallies Above $97, Eyes Breakout to Three-Digit Prices
The crypto asset $HYPE has broken above the $97 price level and is now in price discovery, setting expectations for three-digit prices.
The token's recent rally was driven by spot demand and directional trades on derivative markets.
$HYPE traded at $97.32 during Asian trading hours, spiking significantly before slacking to $96.
Despite this, the token still appears poised for a breakout above $100, with some analysts suggesting it may find a new price range.