💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Hyperliquid (HYPE) Price Prediction: Daily volume surges to a peak of $5 billion, ready for a new round of strong Rebound?
According to Coinglass's semi-annual encryption derivatives market report, Hyperliquid (HYPE) is experiencing explosive growth, with the average daily volume skyrocketing from less than $100 million to an impressive $300 million to $5 billion in just one year.
Currently, Hyperliquid occupies over 80% of the perpetual contract market share in the DeFi space, a figure that speaks volumes about the platform's strong influence. The dominance of the HYPE token has been solidified; is it ready to welcome a strong rebound? Let's explore the technical signals on the chart to find out.
HYPE Technical Analysis
HYPE price rebounded from the 50-day simple moving average (SMA) of $37.08 on Tuesday, indicating that there is buying pressure at the lows.
The 20-day Exponential Moving Average (EMA) has slowly risen to $38.43, while the Relative Strength Index (RSI) is above the average level, indicating a slight advantage for the bulls.
The HYPE/USDT currency pair may rise to the key resistance level of 41.23 dollars. After breaking this level, it could potentially break through to 44 dollars, further rising to 45.80 dollars.
On the downside, the 50-day moving average (SMA) will become a support level worth monitoring. If it falls below this level, the HYPE/USDT trading pair may drop to $35.33 and subsequently to $30.69.
(HYPE daily chart, source: Trading View)
Within a 4-hour timeframe, HYPE/USDT has been consolidating between $36.82 and $41.23. The moving averages are flat, while the RSI is hovering around the midpoint—indicating that neither side has gained a clear advantage.
If the price remains above the moving average, the currency pair may rise to $40 and then to $41.23. A breakout above $41.23 will indicate that the bullish strength has completely overwhelmed the bearish strength, paving the way for a strong rebound to $44.
On the contrary, if the price falls below the moving average and maintains a downward momentum, the currency pair may retrace to a strong support area at $36.82.
(HYPE 4 hour chart, source: Trading View)