This week, crypto markets have shown unexpected resilience. Hyperliquid, Movement, and Bitget Token have attracted attention with double-digit price increases. The ongoing bullish momentum offers a positive outlook for these altcoins, and potential price targets may be reconsidered upwards.
“The current bullish move signals a shift in market sentiment, which could attract more institutional interest,” experts wrote in a recent COINOTAG report.
This week, Hyperliquid, Movement, and Bitget Token experienced significant price increases, creating renewed investor interest and bullish sentiment.
Hyperliquid (HYPE): Continuing Momentum
Hyperliquid has been a strong performer in the altcoin market, showing a remarkable 55% price increase since the beginning of December. This increase is in line with the performance in the previous weeks, proving the continued interest from both traders and investors.
The rise in HYPE price is attributed to new listings on major exchanges KuCoin and Gate.io. These listings have given the token wider access, increased trading volumes and allowed it to thrive in the competitive market environment.
Technical indicators also support this positive situation. The Bullish Bearish Power (BBP) index emphasizes the superiority of buyers. Looking at the 4-hour charts, this control could lead to HYPE prices rising towards the $42.24 level in the short term. However, if it enters the overbought region, the price pulling back to $26.16 is also a possible correction scenario.
Movement (MOVE): Rising Optimism$MOVE
The Movement (MOVE) token has surged by an impressive 51.60% amid increasing buying pressure and bullish momentum. This surge has pushed MOVE to $1, making it an important psychological threshold for traders.
The rapid price increase is driven by additional buy orders and a positive technical outlook. In particular, the Awesome Oscillator (AO) indicator continues its upward trend. Analysts predict that MOVE could rise to $1.44 if this movement continues. However, the token is currently facing critical resistance at $1.06, which should be overcome. If this level is not broken, the price of MOVE could fall to $0.76.
Bitget Token (BGB) has gained 42.60% this week and has successfully broken through the psychological price level of $4. The outlook is positive as BGB is trading within a steady ascending channel and has the potential to form higher lows and highs.
Generally, positive trading volume indicates that bullish movements may continue. Technical indicators suggest that prices may rise to $6 if the upward trend continues. However, it is stated that investors should pay attention to possible profit realizations; because in case of increasing selling pressure, the price may be pulled to $2.91.