• Moving Average and MACD indicators signal bullish trend for HYPE
• May 2025 emerges as the most profitable month for the altcoin

Hyperliquid (HYPE), the native token of the Hyperliquid ecosystem, currently holds a market cap of around $18.17 billion, positioning itself among the emerging digital assets. With a 24-hour trading volume of nearly $510.8 million, the token’s price movements are drawing increased attention as traders watch for clues on its next direction amid ongoing market volatility.

At press time, the altcoin is trading at $54.43, having decreased by 1.07% over the past 24 hours. The price is moving in a bullish trend and is currently testing a resistance level near $56.34. If it breaks above this, the next target could be $57.50. On the downside, the support level is around $47.05. If the altcoin falls below this level, we might see a drop towards $45.00.

The blue line indicates the resistance level at $56.34, while the yellow line represents the support level at $47.05.

Also Read: Hyperliquid (HYPE) Rallies 8.56%: Lion Group Doubles Down with Massive Investment

Analyzing Hyperliquid’s Moving Average and MACD

According to the Moving Average chart, the cryptocurrency is currently experiencing a bullish trend with the moving average indicator below the candles at $44.78. Also, the Moving Average Convergence Divergence (MACD) indicates a bullish crossover, suggesting that the price may continue to increase.

The MACD line above the signal line indicates a bullish crossover. The blue line represents the MACD line, while the orange line indicates the signal line.

May 2025 Emerges as Hyperliquid’s Most Profitable Month

According to Cryptorank analytics for HYPE, the most profitable month so far is May 2025, with a +64.4% gain. Other strong months include April (+53.5%) and September (+23.1%). On the downside, February (-25.4%) and March (-35.3%) were the steepest losses.

May stands out as the most profitable month, delivering the highest return of the year. The back-to-back gains in April and May (+53.5% and +64.4%) mark the altcoin’s strongest bullish streak, suggesting heavy buying interest and momentum. After smaller fluctuations in June and August, September (+23.1%) shows another notable rebound.

Overall, May stands out as the peak month for investors seeking maximum returns, underlining HYPE’s potential for sharp upward momentum when market sentiment turns positive.

Also Read: Hyperliquid (HYPE) Price Eyes $55 as Whale Activity Signals Rally Ahead