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Is Hyperliquid (HYPE) Primed for a Bullish Rally? This BNB-Like Fractal Signals a Yes

Is Hyperliquid (HYPE) Primed for a Bullish Rally? This BNB-Like Fractal Signals a Yes

CoinsProbeCoinsProbe2025/03/22 20:44
By:Nilesh Hembade

Date: Sat, March 22, 2025 | 06:10 AM GMT

The crypto market is showing mixed signs of a rebound as Ethereum (ETH) has bounced back with 3% weekly gains and is now trading at $1,988—a promising shift after a choppy start to March.

As sentiment gradually improves, attention is turning toward overlooked altcoins—and one of them is HYPE (Hyperliquid), the decentralized derivatives exchange token. Despite being down over 50% in the past 90 days after its impressive December 2024 rally, HYPE is now starting to show signs of life again.

Is Hyperliquid (HYPE) Primed for a Bullish Rally? This BNB-Like Fractal Signals a Yes image 0 Source: Coinmarketcap

Interestingly, a historical fractal pattern now suggests HYPE could be gearing up for a massive bullish reversal—one that mirrors the legendary rally of Binance Coin (BNB) in 2018. And with a 11% intraday gain already on the books today, that bullish setup is starting to gain serious traction.

HYPE Chart Mirrors BNB’s Past Price Behavior

According to an ongoing fractal chart analysis, HYPE’s current price structure and correction phase closely resemble BNB’s 2018 cycle. The similarity is striking—both assets formed an ascending wedge pattern, followed by a sharp breakdown into a key accumulation zone just above the 50-week moving average (MA). This setup, along with a bullish crossover in MACD, eventually triggered a massive rally, pushing BNB’s price up by over 470%.

BNB-HYPE Chart Comparison/Coinsprobe (Source: Tradingview)

Fast-forward to today, and HYPE appears to be walking the same path. After breaking down from a similar ascending wedge, it retested its $12–$16 support zone—the same range where BNB began its reversal. Now, HYPE is trading slightly above that range at $16.22, and just like BNB back then, it’s approaching its 50-day MA, which could act as a major trigger point for bullish momentum.

To make things even more compelling, the MACD on the daily chart is flashing early bullish signals, just like BNB did before it surged.

What’s Ahead?

If the fractal continues to play out, HYPE may be on the verge of a significant upside breakout. Once price action decisively clears the 50-day MA, it could unleash a powerful rally toward the $30–$45 range, echoing BNB’s parabolic move post-reversal. Momentum indicators and market sentiment appear to be aligning for a strong shift, with smart money likely watching closely.

Of course, nothing is guaranteed—but fractals like this often play a huge role in forecasting major moves, especially when combined with key technical indicators.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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