HYPE Crypto: Will It Crash or Make a Hollywood Ascent?

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Picture Hyperliquid, code‑named HYPE, strutting into the market like a rook in a bad dealer’s poker game. Its headline‑bonnet headlines promise intrigue, but the numbers are as honest as a tax accountant after a date with a magician: the price has slid another 25% since the month began, descending faster than a child’s hopes in a kindergarten spelling bee.

Now the market’s hungering for a 10% pullback, as the foot‑human bar of support threatens to swallow the token whole. If the sellers keep that owner’s vault, the descent might balloon into a full‑blown valley. But if the bulls – apocalypse‑ready, of course – step in with the confidence of a speedster in a sprint, the bearish drama could fizzle like a hastily lashed candle. One breath above $30 before Sunday’s whistle would mean the show has a new compelling climax. Until that, HYPE sits precariously at a crossroads where everyone hopes the signposts read “Take Left, Get Rich”.

All that said, will the HYPE skyrocketeer drift past $35 and explode toward $40, or will it simply meander past $25 like a forgetful tourist? We’ll find out.

HYPE chart

The daily chart reads like a particularly dramatic balcony scene: HYPE had a stunning breakout from a falling wedge, then appeared to push toward a local resistance around $35. When it kept failing to close, the crowd’s enthusiasm sagged, and the price hiccuped upwards, only to be dismissed like a bad joke in the noob corner of the bar. RSI, the old faithful barometer, has slid into a descending parallel channel, signaling that bullish momentum is thinning like last season’s sweatpants. The risk of a slide toward the support band between $27 and $28, and perhaps deeper to $25 if the sellers keep on buying down, is very real.

The dip seems far more a symptom of waning bullish blood than a storm of aggressive selling; volumes have steadily thinned out, as if the crowd was draining into the basement. The tone is corrective than revolutionary: if HYPE can once again hold its nerve above the critical zone and volume fatten, a rebound is not impossible. That could usher in another attempt at slogging up to the higher resistance, hoping that anyone watching will cheer, “yay.”

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2026-02-16 12:41