{"id":29423,"date":"2026-05-22T10:43:24","date_gmt":"2026-05-22T10:43:24","guid":{"rendered":"https:\/\/bitunikey.com\/news\/can-hyperliquid-and-zcash-hold-their-parabolic-rallies\/"},"modified":"2026-05-22T10:43:31","modified_gmt":"2026-05-22T10:43:31","slug":"can-hyperliquid-and-zcash-hold-their-parabolic-rallies","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/can-hyperliquid-and-zcash-hold-their-parabolic-rallies\/","title":{"rendered":"Can Hyperliquid and Zcash hold their parabolic rallies?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p><strong>Hyperliquid and Zcash are leading the altcoin market, but analysts warn that crowded sentiment and stretched indicators may raise pullback risk.<\/strong><\/p>\n<div id=\"cn-block-summary-block_70877b387b424c84f096729a5c2e2d02\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Hyperliquid trades near $59 after hitting a $62.18 all-time high on May 21.<\/li>\n<li>Zcash is up over 100% in 30 days, but traders now watch the $700 resistance zone.<\/li>\n<li>Analysts warn crowded sentiment and overbought signals may raise pullback risk for both assets.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Hyperliquid traded near $59.11 on May 22 after gaining 29.68% over seven days and 45.77% over the past month. The token reached an all-time high of $62.18 on May 21, while 24-hour volume stood at about $1.42 billion.<\/p>\n<p>The move keeps HYPE among the strongest large-cap crypto assets during a weaker market. Related coverage noted that HYPE broke above $60 on May 21, with ETF demand and DeFi-native speculation helping drive the rally.<\/p>\n<p>Ali Martinez said in a post on X that Hyperliquid\u2019s price action has drawn record social attention. The analyst said HYPE has reached new all-time highs while social media mentions also moved to record levels.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Hyperliquid <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$HYPE<\/a> has reached new all-time highs, and its price action hasn\u2019t gone unnoticed.<\/p>\n<p>In fact, the number of mentions across social media has also surged to record levels. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/u0GqJU86hN\">https:\/\/t.co\/u0GqJU86hN<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/oY9bVIzGW7\">pic.twitter.com\/oY9bVIzGW7<\/a><\/p>\n<p>\u2014 Ali Charts (@alicharts) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/alicharts\/status\/2057763902285332524?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 22, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>That attention can support momentum, but it can also raise risk. When a trade becomes crowded, traders often watch for signs that late buyers are entering near resistance instead of early in the move.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>HYPE traders watch the $60 zone<\/strong><\/h2>\n<p>Ali Martinez said HYPE is approaching a key resistance area while several indicators show possible exhaustion. He pointed to an active TD Sequential Combo 13 sell signal, overbought RSI, and elevated Chande Momentum Oscillator readings.<\/p>\n<p>The analyst said HYPE \u201ccould still push toward $59 or even slightly above $60\u201d before momentum fades. He added that rejection from that area could open a move toward about $40. That view is a conditional setup, not a confirmed price path.<\/p>\n<p>Recent HYPE coverage also carried a similar caution. After the break above $60, crypto.news noted that short-term volatility risk remained high even as medium-term structural flows stayed supportive.<\/p>\n<p>Those flows include new listed products. 21Shares launched the first U.S. exchange-traded funds tied to HYPE, including a spot product with staking exposure and a leveraged product. The firm said Hyperliquid handles about $8 billion in daily trading volume and directs more than 95% of fees toward daily HYPE buybacks.<\/p>\n<p>Bitwise has also linked its Hyperliquid ETF fee model to HYPE demand. The asset manager said it would use 10% of management fees from its BHYP product to buy and hold HYPE on its balance sheet.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Zcash price rally faces $700 test<\/strong><\/h2>\n<p>Zcash traded near $645.63 on May 22, down 2.76% over 24 hours but still up 20.35% over seven days and 100.43% over 30 days. Its 24-hour trading volume stood near $690 million, while its market cap was about $10.8 billion.<\/p>\n<p>The rally pushed ZEC close to the $700 area before a mild pullback. The same price data showed a 24-hour range between $645.73 and $682.56, keeping traders focused on whether buyers can reclaim the upper end of the move.<\/p>\n<p>Recent crypto.news coverage said ZEC moved toward $700 after confirming a bull flag breakout. That report linked the rally to regulatory relief, institutional accumulation, and stronger technical momentum.<\/p>\n<p>Ardi said on X that the recovery toward $680 did not look mainly retail-driven. He said retail participation stayed mostly flat while buying came from mid-sized flows, with larger flows starting to recover after the correction.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ZEC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ZEC<\/a><\/p>\n<p>What\u2019s been interesting about the recovery back to $680 is that the move doesn\u2019t really look retail-driven.<\/p>\n<p>Retail participation has mostly remained flat throughout the structure, while the majority of the buying has continued coming from mid-sized flows.<\/p>\n<p>At the same\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/2Dxc2zEVFc\">pic.twitter.com\/2Dxc2zEVFc<\/a><\/p>\n<p>\u2014 Ardi (@ArdiNSC) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/ArdiNSC\/status\/2057734339400741218?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 22, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\"><strong>ZEC traders weigh breakout and reversal risk<\/strong><\/h2>\n<p>Ali Charts said Zcash has climbed more than 40% in one week and is nearing the same $700 to $730 area that caused a major rejection in November. He also said the TD Sequential is flashing a weekly sell signal.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/alicharts\/status\/2057456751310426481?s=20\" target=\"_blank\" rel=\"nofollow\">Ali Martinez\/X<\/a><\/figcaption><\/figure>\n<p>The analyst said the weekly signal matters because any confirmed correction could be larger than a short-term pullback. He mapped a first downside area near $500 and a deeper retracement zone near $380.<\/p>\n<p>That warning fits earlier market caution. A recent crypto.news report said traders had already been weighing a possible $750 target against leverage risk. The report cited concerns that weak spot demand and heavy perpetual trading could expose ZEC to faster reversals if momentum fades.<\/p>\n<p>Another recent report said ZEC\u2019s monthly rally had already crossed 70%, with a golden cross adding to bullish expectations. It also noted that Multicoin Capital\u2019s ZEC accumulation disclosure and rising privacy-asset demand helped fuel the move.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid and Zcash are leading the altcoin market, but analysts warn that crowded sentiment and stretched indicators may raise pullback risk. Summary Hyperliquid trades near $59 after hitting a $62.18&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=29423"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29423\/revisions"}],"predecessor-version":[{"id":29424,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29423\/revisions\/29424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1243"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=29423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=29423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=29423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}