Hyperliquid (HYPE) Mirrors Key Fractal Pattern – Is a Bullish Rally on Horizon?

Date: Tue, April 08, 2025 | 09:10 AM GMT

After enduring “Black Monday” triggered by Trump’s aggressive tariffs policy, the cryptocurrency market is showing early signs of recovery. Both Bitcoin (BTC) and Ethereum (ETH) have bounced back with gains of 3% and 4% respectively, restoring some confidence across the board.

Among the altcoins, Hyperliquid (HYPE) has emerged as a notable performer, with an impressive surge of over 17% in the last 24 hours. But what’s catching the market’s attention even more is that HYPE’s recent chart movement is starting to mirror a historical fractal that once led to a monumental rally — Avalanche (AVAX) in 2021.

Source: Coinmarketcap

HYPE Chart Mirrors AVAX’s Past Price Behavior

The comparison between HYPE’s current daily chart and AVAX’s 2021 cycle reveals an almost uncanny resemblance. Back in 2021, AVAX moved within a prolonged consolidation range under a descending resistance trendline. Following this, the price entered a bottoming accumulation zone before breaking out with strong momentum, eventually rallying by more than 700%.

AVAX and HYPE Tokens Chart Comparison/Coinsprobe (Source: Tradingview)

In similar fashion, HYPE has been trading within a downward-sloping trendline over the past few months. This was followed by a prolonged period of sideways movement, signaling a potential accumulation phase. The token recently established a base near $10, just like AVAX did.

If this fractal continues to play out, HYPE could be in the early stages of a strong bull run.

Final Thoughts

While no chart pattern guarantees future price action, historical fractals often reflect collective market behavior. The similarities between HYPE and AVAX’s 2021 cycle are hard to ignore and suggest that a significant upside move to $50 could be in play.

As the broader crypto market shows signs of stabilizing, HYPE’s breakout from a months-long downtrend might just mark the beginning of something much bigger.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

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