As seen on the chart, the Hyperliquid price has now pushed beyond this resistance, increasing the likelihood of a Golden Cross between the 50-day and 200-day moving averages. If momentum sustains, this bullish crossover could support a continued rally toward the $43–$44 range in the near term. However, with the RSI approaching overbought levels and hinting at a potential bearish divergence, a short-term pullback or consolidation remains likely before the next leg higher.
Wrapping it Up—Will HYPE Price Reach $50 This Month
HYPE has confirmed a strong bullish reversal with a breakout above key resistance and rising momentum. While short-term exhaustion signals may trigger a brief pullback, the overall structure favors continuation. If the price sustains above breakout levels and the Golden Cross confirms, the rally could accelerate toward the $50–$52 zone, reinforcing a broader trend shift to the upside.
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