How high can HYPE price go after Robinhood listing?
Cointelegraph
HYPE is showing a bullish breakout after its Robinhood listing, potentially rallying 40% towards $56.50 by November.Summary
HYPE, the native token of the decentralized exchange Hyperliquid, surged over 13% following its listing on Robinhood, trading as high as $40.87. The token has confirmed a breakout from a multi-week falling wedge pattern, which is typically a bullish reversal signal, with the 200-day Exponential Moving Average (EMA) near $38 now acting as strong support. This breakout, supported by increased trading volume, suggests a new uptrend may be starting, with a potential upside target of around $56.50 by November, representing a 40% rally. However, this bullish outlook would be invalidated if HYPE drops back below the 200-day EMA, which could send the price down toward the $32–$34 range.
(Source：Cointelegraph)