Hyperliquid [HYPE] soars 16% in 24 hours – Is this the start of a larger rally?

• The noise has overcome a large resistance level during the past 24 hours, but has more upcoming obstacles.
• HyperLiIID has controlled many scales on the chain, including growing TVL, drawings and permanent size.

Liquid [HYPE] He witnessed a great climb during the past 24 hours, and gained more than 16 %. This continues his weekly profit by 14.29 %.

According to Ambrypto analysis, despite the current obstacles in force, Hype has a high possibility to hit a new high market as the feeling of turning in favor of bulls begins.

Obstacles in front of the noise: Where is the next?

The large assembly of HYPE came within the past 24 hours after violating the main resistance level, which is characterized by the Fibonacci level on the graph at $ 25.08, with the price increased to its highest level in January at $ 27.05.

If the current market momentum is sustainable, the noise is likely to cross a monthly high as it goes to reach higher levels.

However, it will face a specific resistance on the graph, specifically at $ 27.115, 29,148 dollars, and $ 32,043, with its height.

Assuming that the trend is still upward, these levels will be slight decline points before the upward movement continues.

Source: TradingView

To determine whether the current market morale will maintain the noise in creating new levels on the market, Ampcrypto looked at other standards, indicating a high possibility.

The flow of liquidity and use grows

An insight into Devillaamama shows that there is a steady decrease in the growth of the total Hype (TVL) value throughout the days, creating its lowest levels and maintaining this level.

TVL measures liquidity flow to protocols. It usually reflects market morale towards the original. An increase in market confidence in TVL, while the decline indicates a possible decrease.

However, in the past 48 hours, a directional transformation occurred, and TVL is looking for Hype to create the highest new level, now up to $ 1.651 billion from a decrease of $ 1.48 billion on January 28.

Source: Devillama

Likewise, there has been an increase in the fees that have been created over the past 24 hours, as it grows from $ 1.5 million to $ 2.0 million. When the drawings grow, it indicates the use of high protocols within the ecosystem, which the noise benefits now.

More use tends to influence the price of the original positively and indicates a possibility that it will rise constantly.

The noise is still dominant

According to Artemis ranking of the top 10 permanent protocols on the market, the noise takes the initiative and advances in front of others.

Read HyperLiIID’s [HYPE] Price 2025-2026

In the past seven days, the total trading volume across these permanent protocols reached 43.6 billion dollars, with liquid increase by 56.0 %, as a trading volume of 24.2 billion dollars during this period recorded.

If this trading volume persists in the height, along with the transaction fees and TVL, the noise is in a good position to continue an upward step in the market and can exceed the main obstacle that is the chart.