The post HYPE Pumps 21% This Week: Can It Smash Through $55? appeared on BitcoinEthereumNews.com. TL;DR HYPE retests $50 resistance; a sustained breakout may open the way toward $55 and higher targets. Two whales bought 358,279 HYPE worth $18M, signaling early positioning from large market participants. Hyperliquid’s TVL climbed to $721M in August, the highest level recorded so far this year. Price Tests Resistance Hyperliquid (HYPE) is back in focus after a strong move above $50. The token has climbed nearly 12% in the past day and more than 21% over the week, with trading volume crossing $522 million. Notably, the $50 level has become a key line on the chart. Earlier in August, attempts to break it failed, leading to quick pullbacks. This time, momentum is stronger. Analyst Ali Martinez said, “a breakout here could catapult Hyperliquid $HYPE to $55.” If that happens, targets around $52 to $56 come into play. If not, support near $46 could be tested again. A breakout here could catapult Hyperliquid $HYPE to $55! pic.twitter.com/QtO66Gn3ES — Ali (@ali_charts) August 27, 2025 Bounce From Accumulation Zone The move follows a rebound from the $43 to $45 range, marked as an accumulation area by traders. Alpha Crypto Signal called it “a textbook” setup after the token tapped the zone and pushed higher. At press time, HYPE’s price traded near $50, with stronger volumes backing the move. Short-term averages also turned positive. The 9-day EMA sits at $46, and the 50-day SMA at $44, both now below the current price. HYPE has also re-entered its upward channel, a sign buyers may be preparing for another run toward $55 or higher. Whales Enter the Market Large holders have started to make their presence felt. Analyst RayRay reported that two wallets picked up 358,279 HYPE, worth more than $18 million. He noted, “Big players don’t move size like this without any conviction.” He added… The post HYPE Pumps 21% This Week: Can It Smash Through $55? appeared on BitcoinEthereumNews.com. TL;DR HYPE retests $50 resistance; a sustained breakout may open the way toward $55 and higher targets. Two whales bought 358,279 HYPE worth $18M, signaling early positioning from large market participants. Hyperliquid’s TVL climbed to $721M in August, the highest level recorded so far this year. Price Tests Resistance Hyperliquid (HYPE) is back in focus after a strong move above $50. The token has climbed nearly 12% in the past day and more than 21% over the week, with trading volume crossing $522 million. Notably, the $50 level has become a key line on the chart. Earlier in August, attempts to break it failed, leading to quick pullbacks. This time, momentum is stronger. Analyst Ali Martinez said, “a breakout here could catapult Hyperliquid $HYPE to $55.” If that happens, targets around $52 to $56 come into play. If not, support near $46 could be tested again. A breakout here could catapult Hyperliquid $HYPE to $55! pic.twitter.com/QtO66Gn3ES — Ali (@ali_charts) August 27, 2025 Bounce From Accumulation Zone The move follows a rebound from the $43 to $45 range, marked as an accumulation area by traders. Alpha Crypto Signal called it “a textbook” setup after the token tapped the zone and pushed higher. At press time, HYPE’s price traded near $50, with stronger volumes backing the move. Short-term averages also turned positive. The 9-day EMA sits at $46, and the 50-day SMA at $44, both now below the current price. HYPE has also re-entered its upward channel, a sign buyers may be preparing for another run toward $55 or higher. Whales Enter the Market Large holders have started to make their presence felt. Analyst RayRay reported that two wallets picked up 358,279 HYPE, worth more than $18 million. He noted, “Big players don’t move size like this without any conviction.” He added…