Hyperliquid (HYPE) is currently trading at $25.27, reflecting a 4.16% increase over the past 24 hours. The daily price range has been relatively narrow, fluctuating between $23.89 and $25.53, with a volatility of 1.64%.

Trading volume stands at approximately $178.98 million, representing 2.12% of the market cap, indicating robust liquidity. The moving averages show positive momentum, with the 8 SMA at $24.73 and 13 SMA at $24.69, both reflecting upward trends, while the 144 SMA suggests strong support at $23.07.

The 1-hour Relative Strength Index (RSI) is at 68, signaling a near-overbought condition, while the 7-day RSI at 59 suggests moderate bullish momentum. Over the past week, HYPE has gained approximately 22.94%, with even stronger performance over 14 and 30 days, at 37.71% and 59.41%, respectively.

The all-time high for HYPE was recorded at $34.96 in December 2024, indicating significant upside potential. Given the strong price performance and bullish technical indicators, HYPE appears to be in a solid upward trajectory.

Based on the current analysis, a Buy rating is recommended. The combination of positive price momentum, strong volume, and supportive technical indicators suggests further upside in the near term.