HYPE: Van de Poppe Flags Strength Toward $110-120
Michaël van de Poppe highlights continued strength in HYPE, noting the token could repeat its August pattern and target $110-120 if Bitcoin stabilizes near current lows.
SourceAnalysis
Michaël van de Poppe sees fresh momentum in $HYPE as markets rotate. The trader argues the strongest assets will lead any rebound and points to $HYPE already doing exactly that.
Van de Poppe ties the setup to a prior sweep of lows in August and the same structure forming below $75 in October. A hold here opens the path to the $110-120 zone within months, provided Bitcoin finds a base.
Price sits at $81.31 on the 4-hour chart, pressing the upper Bollinger Band at $80.54 while the 50-EMA at $78.46 and 200-EMA at $82.31 frame the range. The MACD golden cross at 0.45 keeps the broader structure bullish, yet RSI at 65.17 leaves room before overbought conditions. With price testing upper-band resistance while the 50-EMA offers clear support below, a measured pullback toward $78.46 remains the highest-probability next move before continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast