Hyperliquid (HYPE) and SUI Surge: Price Analysis, Bullish Outlook, and What’s Next for Both Tokens

The cryptocurrency market is witnessing an exciting rally, with Hyperliquid (HYPE) and SUI both showing impressive price movements. Hyperliquid has seen a stunning rise of over 20% in the past 24 hours, securing its spot in the top 20 cryptocurrencies by market capitalization. Meanwhile, SUI has also triggered a strong rebound from its local lows, with bullish momentum signaling potential for new highs. As the crypto market sentiment turns increasingly optimistic, both HYPE and SUI are positioned for eye-catching gains in the upcoming bull run.

Hyperliquid (HYPE) Price Analysis: The Breakout Continues

Since its inception, Hyperliquid has captured the market’s attention with its consistent price rise. In less than a month, it has soared into the top 20 cryptos by market cap, a significant achievement in the crypto space. However, with the recent massive surge, many are wondering if the price will sustain or face a sharp correction.

The short-term outlook for HYPE shows signs of potential pullback. After breaking out from a decisive symmetric triangle, the token may experience some exhaustion, as seen with past breakouts. This could lead to a slight drop below $25 before quickly rebounding to $30. On the bright side, the Gaussian channel is showing bullish signals, suggesting that the price could remain within a positive range for the near future.

SUI Price Analysis: Strong Rebound and Bullish Momentum

SUI has been on an ascending trend since November 2024, but a bearish market in 2025 caused a significant dip of over 30%. However, the price has recently triggered a strong rebound from these lows, hinting at a potential return to a consistent upward trend. The RSI has shown a healthy rebound, and DMI levels indicate a bullish crossover, further supporting the idea of sustained upward movement.

The SUI price is now poised to rise above $5 in the short term, with the next target set above $6.5, potentially forming a new all-time high (ATH).

Also Read: Hyperliquid Hits Record $22 Billion in 24-Hour Trade Volume, Fueling Explosive Growth in DeFi

A Strategic Approach for Traders

While both HYPE and SUI show promising potential, their short-term dynamics suggest different strategies for traders. The SUI price appears ready for a sustained upward movement, making it an attractive buy. On the other hand, traders may want to wait for a pullback in HYPE before entering, as the price is likely to face some consolidation before continuing its rise.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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