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Hyperliquid (HYPE) Cracks Top 30 After Reaching Another All-Time High Price Hyperliquid held HYPE’s Token Generation Event (TGE) on Nov. 29. After moving above $27 on Dec. 16, HYPE is being hailed as one of the most successful airdrops in history despite lacking any major CEX listings.$HYPE With that in mind, let’s look at the HYPE price action and see how long it can maintain momentum. One More Increase Left Home / Analysis / Crypto / Technical Analysis / Hyperliquid (HYPE) Cracks Top 30 After Reaching Another All-Time High Price Technical Analysis 3 min read Hyperliquid (HYPE) Cracks Top 30 After Reaching Another All-Time High Price $HYPE Hyperliquid (HYPE) reached a new all-time high on Dec. 16. The HYPE price trades in an ascending parallel channel. Will Hyperliquid continue making new all-time highs? Hyperliquid held HYPE’s Token Generation Event (TGE) on Nov. 29. After moving above $27 on Dec. 16, HYPE is being hailed as one of the most successful airdrops in history despite lacking any major CEX listings. With that in mind, let’s look at the HYPE price action and see how long it can maintain momentum. You May Also Like Crypto Ronin (RON) Price Breaks Out From 250-Day Resistance — 150% Growth Possible Crypto Avalanche (AVAX) Price Nears Yearly High Ahead of Avalanche9000 Launch Crypto Ethena (ENA) Nears All-Time High After World Liberty Financial’s Major Purchase ADVERTISMENT HYPE Hits Another All-Time High The 4-hour HYPE chart shows that the price has increased inside an ascending parallel channel (white) since the beginning of December. After bouncing on Dec. 11 (black circle), the HYPE price accelerated its rate of increase. Since then, HYPE has broken out from the more gradual channel (white) and is trading inside a steeper one (black). On Dec. 16, the HYPE price reached a new all-time high of $27.25, touching the channel’s resistance trend line. This is an increase of 1,240% since the TGE. HYPE Movement HYPE/USDT Four-Hour Chart | Credit: Valdrin Tahiri/HyperLiquid Despite the increase, the Relative Strength Index (RSI) has generated bearish divergence (green), often leading to price declines. If that happens, the channel’s support trend line will be $24.80. The wave count suggests HYPE is in the fifth and final wave of the upward movement that started with the TGE. While the first channel contained wave one, the second likely contained wave three. If wave three has the same length as wave one, the HYPE price will reach a local top soon and then correct, possibly falling to the confluence point of both channels. HYPE High HYPE/USDT 4-Hour Chart | Credit: Valdrin Tahiri/HyperLiquid Afterward, a possible target for the top of wave five is $33.84, created by the 1.61 extension of wave one. After reaching the target, the HYPE price could begin a lengthy correction. Most Popular Crypto 3 days ago XRP Price Crosses $2.50 in Anticipation of RLUSD Launch Bitcoin November 13, 2024 6:58 AM Top 10 Biggest Holders of Bitcoin and the Billions They Are Worth Crypto November How to Sell Pi Coin: A Comprehensive Guide December Solana: Ethereum Killer or Bot Playground? Diving Into the Numbers Behind the Surging Metrics One More Increase Left The HYPE price has increased rapidly since its airdrop, continuously reaching new highs. The HYPE price increase accelerated in the second week of December. While HYPE could reach a local top soon, the long-term upward movement will continue for at least one more high before a major correction.

The HYPE price has increased rapidly since its airdrop, continuously reaching new highs. The HYPE price increase accelerated in the second week of December. While HYPE could reach a local top soon, the long-term upward movement will continue for at least one more high before a major correction. HYPE Hits Another All-Time High HOME / ANALYSIS / CRYPTO / TECHNICAL ANALYSIS / HYPERLIQUID (HYPE) CRACKS TOP 30 AFTER REACHING ANOTHER ALL-TIME HIGH PRICE TECHNICAL ANALYSIS 3 MIN READ Hyperliquid (HYPE) Cracks Top 30 After Reaching Another All-Time High Price PUBLISHED DEC 16, 2024 | 1:04 PM UTC3 DAYS AGO Valdrin Tahiri BY VALDRIN TAHIRI EDITED BY RYAN JAMES HYPE Ath HYPE Reaches Another All-Time High | Credit: Hameem Sarwar SHARE ON KEY TAKEAWAYS Hyperliquid (HYPE) reached a new all-time high on Dec. 16. The HYPE price trades in an ascending parallel channel. Will Hyperliquid continue making new all-time highs? Hyperliquid held HYPE’s Token Generation Event (TGE) on Nov. 29. After moving above $27 on Dec. 16, HYPE is being hailed as one of the most successful airdrops in history despite lacking any major CEX listings. With that in mind, let’s look at the HYPE price action and see how long it can maintain momentum. YOU MAY ALSO LIKE CRYPTO Ronin (RON) Price Breaks Out From 250-Day Resistance — 150% Growth Possible CRYPTO Avalanche (AVAX) Price Nears Yearly High Ahead of Avalanche9000 Launch CRYPTO Ethena (ENA) Nears All-Time High After World Liberty Financial’s Major Purchase ADVERTISMENT HYPE Hits Another All-Time High The 4-hour HYPE chart shows that the price has increased inside an ascending parallel channel (white) since the beginning of December. After bouncing on Dec. 11 (black circle), the HYPE price accelerated its rate of increase. Since then, HYPE has broken out from the more gradual channel (white) and is trading inside a steeper one (black). On Dec. 16, the HYPE price reached a new all-time high of $27.25, touching the channel’s resistance trend line. This is an increase of 1,240% since the TGE. HYPE Hits Another All-Time High HOME / ANALYSIS / CRYPTO / TECHNICAL ANALYSIS / HYPERLIQUID (HYPE) CRACKS TOP 30 AFTER REACHING ANOTHER ALL-TIME HIGH PRICE TECHNICAL ANALYSIS 3 MIN READ Hyperliquid (HYPE) Cracks Top 30 After Reaching Another All-Time High Price PUBLISHED DEC 16, 2024 | 1:04 PM UTC3 DAYS AGO Valdrin Tahiri BY VALDRIN TAHIRI EDITED BY RYAN JAMES HYPE Ath HYPE Reaches Another All-Time High | Credit: Hameem Sarwar SHARE ON KEY TAKEAWAYS Hyperliquid (HYPE) reached a new all-time high on Dec. 16. The HYPE price trades in an ascending parallel channel. Will Hyperliquid continue making new all-time highs? Hyperliquid held HYPE’s Token Generation Event (TGE) on Nov. 29. After moving above $27 on Dec. 16, HYPE is being hailed as one of the most successful airdrops in history despite lacking any major CEX listings. With that in mind, let’s look at the HYPE price action and see how long it can maintain momentum. After bouncing on Dec. 11 (black circle), the HYPE price accelerated its rate of increase. Since then, HYPE has broken out from the more gradual channel (white) and is trading inside a steeper one (black). On Dec. 16, the HYPE price reached a new all-time high of $27.25, touching the channel’s resistance trend line. This is an increase of 1,240% since the TGE. Despite the increase, the Relative Strength Index (RSI) has generated bearish divergence (green), often leading to price declines. If that happens, the channel’s support trend line will be $24.80. The wave count suggests HYPE is in the fifth and final wave of the upward movement that started with the TGE. While the first channel contained wave one, the second likely contained wave three. If wave three has the same length as wave one, the HYPE price will reach a local top soon and then correct, possibly falling to the confluence point of both channels.$HYPE

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Florida and the Bitcoin Strategic Reserve Florida is firmly cementing its position as a leader in Bitcoin adoption. The state is preparing to launch a strategic bitcoin reserve. The reserve could be approved during the legislative session in the first quarter of 2025. Why is this important? Florida has already invested in cryptocurrencies through its $185.7 billion pension fund, the fourth largest in the U.S. The initiative proposes to allocate 1% of this fund ($1.857 billion) to Bitcoin. Additionally, it is proposed to use part of the state's $116.5 billion budget surplus, which would provide another $1.16 billion for cryptocurrency. Key players of the initiative Samuel Arms , president of the Florida Blockchain Business Association (FBBA), emphasizes the importance of investing in cryptocurrency to strengthen the state's economic position. Jimmy Patronis , Florida's chief financial officer, notes that cryptocurrency has already proven its value, with the state's current investment amounting to $800 million. Political support Governor Ron DeSantis , known for his pro-Bitcoin stance, has been actively pushing legislation to foster crypto innovation. His opposition to central bank digital currencies (CBDCs) and emphasis on financial freedom make Florida an epicenter of crypto reform. Global context Florida's plans resonate with national initiatives by Donald Trump, who has previously announced his intention to create a national Bitcoin reserve and support domestic mining. What does this mean for the industry? The creation of a strategic reserve of bitcoins could set a new standard for states and even countries. Stable investment in cryptocurrencies at the government level increases trust in blockchain technologies and expands the possibilities for their use.

january is Near.. i remember last bull Market Gaming is the Last Flyers.. my Bet is $RON will be a king