HYPE is trying to re-test its all-time high at $50. Will it make it this week? Key Support levels: $44, $41 Key Resistance levels: $50 0 Aim for $50 In the past few days, HYPE moved from $40 to $47, giving hope that the key resistance at $50 will be tested 1 now, the price is reconfirming $44 as a key 2 it holds, then buyers have a good shot at challenging the all-time high level in the near 3 by TradingView 4 Has Formed an Ascending Triangle The price action since July has formed a large ascending triangle, which is expected to resolve by mid-September. Ideally, buyers will manage to break above $50 by then and take HYPE to new 5 this fail to happen, then this cryptocurrency will fall back to $40 or below 6 by TradingView 7 Shows Consolidation The 12h RSI shows the price is consolidating in a symmetrical triangle at this 8 apex is also due to be resolved by 9 formations are continuation patterns in an existing trend, which would support the case for a breakout later in 10 confirm this, HYPE needs to go above $50 and enter price 11 by TradingView
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