HYPE: Van de Poppe Sets $100 Target After Higher Lows
HYPE trades at $70.45 as Michaël van de Poppe flags constant higher lows and daily MA support, eyeing $100 with possible $65-67 dip.
SourceAnalysis
HYPE continues building a series of higher lows on the daily chart while holding above the 21-day and 50-day moving averages, keeping the path open toward fresh all-time highs according to Michaël van de Poppe.
Over the past six months the token has respected these dynamic supports during every consolidation phase, allowing bulls to maintain control even as broader crypto flows rotated between majors. A brief retracement toward the $65-67 zone would simply reset momentum before the next leg higher, with $100 remaining the logical extension if the structure holds.
On the 4-hour chart HYPE price at $70.45 sits inside the Bollinger Bands with the upper resistance at $72.34 acting as immediate overhead supply, while the EMA50 at $67.66 and EMA200 at $64.65 function as layered long-term supports; the neutral RSI at 58.69 combined with the MACD death cross at 1.13 suggests a healthy pullback to the 50-EMA before continuation rather than immediate rejection.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast