The cryptocurrency market remained volatile on Saturday following a big reversal in Friday’s trading session. The Bitcoin price hovered around $108,000, while the overall market capitalization dropped to $3.4 trillion.
Top cryptocurrencies like Jupiter (JUP), Bonk (BONK), and Hyperliquid (HYPE) are expected to continue their trends, with predictions pointing towards significant gains. Here’s a breakdown of the current prices and technical analyses:
Jupiter Token Price Prediction
The JUP token has bounced back in recent weeks, increasing by over 83% from its lowest point this year. It is currently trading at $0.5500, near a notable level since July last year. The token has moved above the 50-day and 100-day Exponential Moving Averages (EMA), indicating that bulls are in control.
To confirm the bullish breakout, JUP needs to move above the resistance at $0.6338. However, there’s a risk of forming a break-and-retest pattern, where it retests the same resistance level.
Bonk Price Technical Analysis
Bonk has bounced back after forming a double-bottom pattern at $0.000008953 and moving above its neckline at $0.00001543. The token has formed an ascending channel and moved slightly above the 23.6% Fibonacci Retracement level.
A mini-golden cross pattern is expected, where the 50-day and 100-day EMA will cross each other, pointing to a significant price rise. Bonk’s likely scenario is that its price will increase by about 60%, hitting the 50% Fibonacci Retracement level at $0.00003460.
Hyperliquid Token Price Forecast
Hyperliquid has seen a surge in recent days as it emerged as the biggest player in decentralized finance, handling over $74 billion in transactions in the last seven days. Its protocol now handles over $1.55 trillion worth of transactions since its founding, making it a highly profitable platform.
The daily chart shows that HYPE’s price has soared from about $9.4 on April 7 to $35 today, crossing the important resistance level at $28.38. This move is consistent with a popular bullish continuation pattern called a cup-and-handle (C&H).
Assuming a 67% increase from the C&H’s upper side, the estimated HYPE price target would be around $47.7. However, a move below its support at $28 would invalidate this forecast.
Source: https://invezz.com/news/2025/05/24/top-crypto-prices-predictions-jupiter-bonk-hyperliquid-hype