Crypto
Hyperliquid Surges Past $90, Analyst Sees $100 Target
The price of Hyperliquid (HYPE) has reached an all-time high, surpassing $89.92 and placing it firmly in the top 10 largest cryptocurrencies globally, according to CoinMarketCap.
Aksel Kibar, a well-known technical analyst at Tech Charts, believes that the asset's recent breakout will propel it towards a calculated medium-term target of $100.5.
The chart pattern that has formed indicates that there is no overhead resistance from sellers in the market zone known as price discovery, where HYPE is currently trading.