In short
- HYPE is presently buying and selling for simply above $43.
- Which means Hyperliquid wants a 60% surge in worth for the token to hit $69.69 earlier than September.
- Predictors on Myriad place the chances of that taking place at 30%. This is what the charts must say.
Will Hyperliquid’s native token proceed to trip the HYPE and hit $69.69 by September? Degens are betting on it, however the odds aren’t presently in HYPE bulls’ favor.
Hyperliquid has captured the eye of the crypto buying and selling trenches in current months, with the platform producing roughly $1.78 trillion in derivatives buying and selling quantity within the final yr, per a Dune dashboard from SeaLaunch. Naturally, Hyperliquid’s native token HYPE—which powers the platform—has likewise generated a ton of curiosity, pumping greater than 550% since its launch based on CoinGecko.
On Myriad, a prediction market created by Decrypt’s guardian firm Dastan, customers aren’t satisfied HYPE continues to construct within the close to time period and hits the meme quantity earlier than September. On Myriad, the chances are presently at 70% that the token shouldn’t be gonna make it. So, if you happen to took that wager, you’d earn 43 cents for every greenback you place on “no.” However you’d stand to make $2.33 for each greenback positioned on “sure” and HYPE defies the chances and hits that magical $69.69 mark. That’s not a nasty risk-reward ratio for these prepared to wager towards the consensus.
So why is HYPE so, er, hyped? Hyperliquid is a decentralized change, or DEX, that operates by itself layer-1 blockchain, distinguishing itself from opponents by providing high-speed perpetual futures buying and selling in a singular approach. The platform helps plenty of totally different cryptocurrencies, comparable to BTC, ETH, AVAX, SOL, SUI, you title it. Since its November 2024 launch at $3.57, HYPE has demonstrated spectacular progress, hitting an all-time excessive of $49.75 simply weeks in the past.
Latest developments together with the HyperEVM mainnet launch in February have strengthened its ecosystem, whereas institutional curiosity has surged—with firms like Eyenovia investing $50 million in HYPE tokens, for instance.
So what do the charts must say about HYPE hitting $69.69 any time quickly? Nicely, it is sophisticated—however not not possible.
HYPE’s path to $69.69
Eyenovia can look forward to HYPE to moon, however the predictors on Myriad Markets can’t. The market closes on August 31, 2025, at 11:59 PM UTC—the vertical white line within the chart beneath.
The each day chart reveals HYPE buying and selling inside a well-defined ascending channel that has contained worth motion since early 2025. Presently at $43.478, the token would wish to rally roughly 60% to succeed in the $69.69 goal—a major however not unprecedented transfer in crypto markets.
The broader technical panorama provides extra insights into HYPE’s momentum:
The Relative Power Index, or RSI, at 51 signifies impartial momentum—neither overbought nor oversold. Consider RSI as a thermometer that measures how sizzling a market is perhaps. This middle-ground studying suggests the token has room to run greater with out speedy promoting strain, however lacks the explosive shopping for momentum sometimes seen earlier than main rallies. Merchants typically view RSI readings between 30-70 as a consolidation zone the place accumulation happens earlier than the subsequent directional transfer.
This implies the present velocity and momentum is sufficient to preserve markets at some degree of equilibrium, which itself means the development might sustain its tempo if all different situations stay the identical.
The Common Directional Index, or ADX, at 21, nevertheless, reveals a weakening development energy. The ADX measures how sturdy a worth development is no matter course—readings beneath 25 point out a weak development, whereas numbers above 25 verify a development has been established.
Low ADX readings after a robust transfer typically point out consolidation earlier than the subsequent leg greater. This means HYPE could also be gathering power for its subsequent transfer reasonably than sustaining the aggressive tempo wanted for a 60% rally within the very close to time period.
Additionally, merchants might simply interpret this to imply that HYPE is about to enter a consolidation zone earlier than a bearish correction, as its upward momentum loses energy. Merchants who research charts would probably choose to learn the ADX alongside different oscillators just like the Squeeze Momentum Indicator to succeed in extra correct conclusions.
As for HYPE’s Exponential Transferring Averages, the typical worth of the earlier days, they present what merchants would interpret as a bullish configuration. The 50-day EMA, the typical worth of HYPE over the past 50 days, is positioned above the 200-day EMA—a basic bullish formation. This alignment sometimes signifies sustained shopping for strain and suggests the longer-term development stays constructive. Nevertheless, the hole between these averages is comparatively slim. The token, although, is comparatively new, with lower than a yr within the markets, so EMAs alone might not be adequate to learn and time the markets.
The “off” standing within the Squeeze Momentum Indicator suggests volatility has been launched and the market is in a compression section, proving the thesis of a weakening bull development studying as measured by the low ADX. This indicator helps determine intervals when Bollinger Bands contract, typically previous important worth actions. The present studying implies a breakout—in both course—could also be forming, however within the speedy timeframe, costs might transfer slowly.
And that’s not good for predictors betting on a 60% spike occurring in just a few weeks.
By way of simply worth habits, although, HYPE has been buying and selling inside a bullish channel since April 2025. This implies it has been going by way of greater lows each time it dips and better jumps each time it peaks.
Nevertheless, primarily based on the channel dynamics, three eventualities emerge with bullish outcomes:
If HYPE respects solely the decrease channel assist (crimson line), the worth might attain roughly $52-55 by September, falling in need of the goal.
Ought to the token discover equilibrium on the mid-channel resistance (yellow line))—which has additionally acted as assist throughout the present development—HYPE might attain $58-62 by September, nonetheless beneath the coveted $69.69.
Even in probably the most optimistic case the place HYPE hugs the higher channel resistance (inexperienced line), projections recommend the worth would attain roughly $65-68 by September—very shut however probably simply shy of $69.69.
In different phrases, the charts would say it’s impossible the token trades at $69.69 earlier than September. To hit that mark, the token would wish to not solely keep its channel trajectory however speed up past historic patterns—requiring important catalysts or a broader crypto market rally.
However, hey, it’s crypto—virtually something can occur.
Key ranges to look at:
- Fast assist: $41.50 (channel backside)
- Mid-channel resistance: $52.83
- Higher channel resistance: $61.19
- Goal degree: $69.69
Disclaimer
The views and opinions expressed by the creator are for informational functions solely and don’t represent monetary, funding, or different recommendation.
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