Hyperliquid (HYPE) Ready For A Significant Surge To $50: Key Levels Identified

After dipping below the $30 mark last week, Hyperliquid (HYPE), the native token of one of the rapidly expanding decentralized exchanges (DEXs), has managed to recover by 2% this Thursday, positioning itself to benefit from this latest upward movement that has seen the leading cryptocurrencies recover key levels. HYPE Poised For A New Rebound Market analyst OxMakeSense has highlighted the potential roadmap for HYPE to reach $50 in the short term, just below all-time high levels of $59, indicating that the token is starting to show the first signs of a significant shift. He emphasizes that the upcoming levels are filled with untouched liquidity, which could facilitate a climb for HYPE.  Related Reading: Bitcoin Price Climbs Back To $91,000: Is The Decline Over? Key Levels To Watch Following a month of pressure, the analyst asserted that the asset recently formed its first solid rebound, suggesting that the selling pressure has begun to ease and market reactions are gaining strength. OxM