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HYPE soars 15% after Binance US listing, aims for new highs!

HYPE soars 15% after Binance US listing, aims for new highs!

Date: 2025-06-03 12:14:02 | By Mabel Fairchild

HYPE Explodes 15% After Binance US Listing News!

HYPE Price Soars to $37.50, Trading Volume Skyrockets

HYPE's price just rocketed 15% after the bombshell news that it's about to hit the Binance US exchange! The token's now trading at a sizzling $37.50, with trading volume going nuts, up 80% to a whopping $370 million in just 24 hours.

HYPE's Rally Continues, Eyeing the $40 All-Time High

This surge is just the latest leg in HYPE's epic rally. After a brief dip, it's back on the attack, pushing towards the all-time high of $40 set on May 26. The uptrend's still going strong, with HYPE making higher highs and higher lows, and it's been crushing the EMA 20 ever since the trend flipped in April.

Technical Indicators Signal More Upside Ahead

The momentum's heating up, with the RSI at 68, flirting with the overbought zone. We're on the brink of a golden cross, with the RSI line ready to break out above its moving average. MACD's also showing the bears losing steam, with the histogram bars shrinking and the MACD line about to cross above the signal line. Bullish vibes all around!

12-Hour Chart Confirms Bullish Outlook

The 12-hour chart's screaming bull too. After bottoming at $9.30 on April 7, HYPE ripped to $40 in May, forming a perfect cup-and-handle pattern with the cup's upper resistance around $28.40. That recent pullback? Just a healthy break-and-retest of this key level, which often turns into strong support before the uptrend kicks back in.

Fundamentals Back Up the Bull Case

But it's not just the charts talking - the fundamentals are solid too. Hyperliquid is absolutely crushing it in the derivatives DEX market, owning over 81% of the space according to CoinMarketCap. And it's leading the pack in perpetuals trading volume, with a mind-blowing $6.495 billion traded in the last 24 hours on Hyperliquid Layer 1 alone. Buckle up, because HYPE's ready to ride!

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