HYPE jumps 33% in every week, hitting $50. RSI nears breakdown as analysts look ahead to both a breakout or pullback towards $37–$38.
HYPE, the native token of Hyperliquid, has gained over 36% previously week, briefly reaching $50 earlier than easing decrease. The transfer adopted regular buying and selling exercise and a confirmed bullish setup that developed earlier within the month.
On the time of writing, HYPE is buying and selling round $49, with a every day quantity of $660 million. The token holds a market cap just below $13 billion, inserting it sixteenth amongst all digital belongings by dimension (CoinGecko).
In the meantime, the current rally additionally adopted elevated visibility after HYPE was listed on Robinhood, and a spotlight grew across the S-1 submitting from the venture’s backers.
Worth Reaches Main Resistance Zone
The current rally pushed HYPE right into a key technical stage. It’s now buying and selling contained in the 0.618–0.66 Fibonacci zone, seen as resistance. The $50 mark stays a robust barrier that has acted as a response stage a number of instances previously.
The RSI on the every day chart has risen to about 59, indicating fixed upward power. The market has not but proven tiredness at this stage, however the slight pause close to the resistance signifies the need of validation earlier than the idea of additional continuation.
Furthermore, on the 4-hour chart, the construction stays impartial however underneath strain. The asset has stalled just below the resistance zone. Extra importantly, the RSI has been shifting alongside an ascending trendline, which is now near breaking. Umair famous,
“If the breakout doesn’t occur earlier than that RSI trendline cracks, count on a short-term downtrend towards the $37–$38 vary.”
This stage aligns with prior help from earlier this month and will function a pullback goal if consumers lose management.
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Channel Construction Nonetheless Intact
Trying past the fast image, HYPE continues to commerce inside a rising channel that has remained in place since early 2025. The token bounced off the decrease finish of the channel earlier this month and is now approaching the center vary, close to $49–$50.
Whereas some indicators present potential weak spot, others provide a extra constructive view. The MACD has flipped to a bullish crossover, suggesting momentum should still help the uptrend—supplied the worth can keep above $44 and ultimately clear the $50 barrier.
Analyst Joe Swanson famous the construction is “technically impartial within the medium time period,” that means the present setup nonetheless wants a breakout to verify additional power.
Alongside the worth motion, Hyperliquid’s broader efficiency is drawing consideration. In line with market researcher Ryan Watkins,
“Hyperliquid captures 33% of all blockchain income, making it the highest cash maker within the cryptoeconomy.”
He additionally famous that the venture is doing so with “the best income high quality and finest development trajectory.”
TD Sequential Warns of Attainable Pullback
One other warning comes from analyst Ali Martinez, who flagged a promote sign from the TD Sequential indicator. Whereas this device doesn’t assure a reversal, it typically marks areas the place the market may pause or retrace.
Whether or not the token breaks greater or pulls again will possible form market habits within the periods forward.
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