Source: Cointelegraph.com NewsKey takeaways:<\/p>\n
HYPE is mirroring Solana\u2019s 2021 breakout structure, targeting a 240% rally by July.
\nFamiliar crypto fractals suggest HYPE could spark similar momentum-driven hype.<\/p>\n
Hyperliquid’s native token, HYPE, is mirroring a strikingly similar price structure to Solana\u2019s (SOL) early 2021 breakout\u2014one that preceded a 300% rally. Source: Cointelegraph.com NewsKey takeaways: HYPE is mirroring Solana\u2019s 2021 breakout structure, targeting a 240% rally by July. Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype. Hyperliquid’s native token,… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129954"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129954"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129954\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129954"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nHYPE chart fractal targets 240% rally by July
\nIn January 2021, Solana broke out from a prolonged consolidation phase just as marketwide interest began accelerating.
\nThe breakout, highlighted by a decisive flip above key Fibonacci retracement levels, triggered a vertical rally that saw SOL jump to the 4.618 Fib retracement line at around $19 from roughly $4.90 in under two months, marking a 291% surge.
\nSOL\/USD daily price chart. Source: TradingViewFast forward to May 2025, HYPE\u2019s daily chart is showing the same bullish structure following its 270% rebound from $10 lows in April, aligning with its 0.0 Fibonacci retracement line.
\nOn May 23, HYPE broke above its 1.0 Fibonacci retracement level (~$35.88), echoing the early stages of SOL\u2019s explosive run in 2021.
\nHYPE\/USD daily price chart. Source: TradingViewMoreover, the relative strength index (RSI) for HYPE has entered deeply overbought territory (above 84), which, while suggesting caution in the short term, also underscores the strength of the current momentum, much like Solana\u2019s RSI profile during its 2021 breakout.
\nIf HYPE continues to follow this fractal, the 1.618 Fibonacci extension level near $51.68 appears to be the next logical target. Beyond that, the 4.618 level at around $128 could mark the peak of this potential rally, a 240% move from its recent breakout zone near $35.
\nHyperliquid is like Solana and FTX combined \u2014 analyst
\nPopular analyst and commentator Ansem highlights that Hyperliquid\u2019s vision is very similar to what Solana and FTX aimed to build during their early partnership: a high-performance, low-cost crypto trading experience.
\nHe argues that, unlike FTX\u2019s centralized architecture, Hyperliquid is fully onchain.
\nSource: X\/AnsemNearly 97% of all trading revenue goes directly back to HYPE tokenholders, Ansem noted, adding that such fundamentals will assist the Hyperliquid token to reach \u201call-time highs soon.\u201d
\nPsychologically, traders are often drawn to familiar and previously successful patterns.
\nIn 2017, Ether (ETH) mirrored Bitcoin\u2019s (BTC) 2013 arc almost identically, from the parabolic blow-off top to the retracement and range-bound recovery phase.
\nBTC\/USD and ETH\/USD fractal comparison chart. Source: TradingViewWhen traders recognize that HYPE could be repeating Solana\u2019s 2021 trajectory visually and fundamentally, it may reinforce bullish conviction and draw in speculators hoping to catch the next \u201cSolana\u201d moment.
\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"