HYPE Soars to New ATH at $90.92

Hyperliquid (HYPE) has reached a new all-time high at $90.92, up by over 13% in recent trading.

The asset's momentum indicates strong buying pressure, with its volume settled at $1.69 billion and a weekly range stretching from $75.27 to $90.92.

With the wedge resistance broken and renewed buying pressure behind it, analysts believe that HYPE could move up to the nearest resistance range at around $93.48 or even higher, depending on the strength of the bullish trend.

However, if the price reverses its bullish trend, it could immediately slip and find support at the $87.12 mark, potentially driving the asset's price lower, below $83.