How Long Will Hyperliquid Continue Increasing? | Credit: Hameem Sarwar
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Key Takeaways
Hyperliquid (HYPE) reached a new all-time high price today.
Hyperliquid broke out from an ascending parallel channel.
How long will the Hyperliquid price increase continue?
Hyperliquid (HYPE) has been on a tear since April, consistently printing new highs.
After breaking out from an ascending parallel channel, the price looks ready to resume its parabolic upward movement.
However, today’s all-time high cannot be sustained, so all eyes are on the Hyperliquid price to see if it has enough strength for another rally.
Hyperliquid All-Time High
The Hyperliquid price has increased almost parabolically since the start of April.
In May, HYPE broke out from its all-time high of $35 and then returned to validate it as support in June.
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While the upward trend continued after that, it was contained inside an ascending parallel channel, contrary to the previous parabolic upward movement.
This all changed at the start of September, when the HYPE price broke out from the channel and validated it as support (green icon).
Today, Hyperliquid hit a new all-time high price of $59.45 before falling slightly.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
