HYPE Rallies 36% in a Week, But Momentum Nears a Crossroad
HYPE, the native token of Hyperliquid, has gained over 36% in the previous week, briefly reaching $50 earlier than easing decrease. The transfer adopted regular buying and selling exercise and a confirmed bullish setup that developed earlier in the month.
At the time of writing, HYPE is buying and selling round $49, with a each day quantity of $660 million. The token holds a market cap just below $13 billion, putting it sixteenth amongst all digital property by measurement (CoinGecko).
Meanwhile, the latest rally additionally followed elevated visibility after HYPE was listed on Robinhood, and a focus grew across the S-1 submitting from the venture’s backers.
Price Reaches Major Resistance Zone
The latest rally pushed HYPE into a key technical degree. It is now buying and selling contained in the 0.618–0.66 Fibonacci zone, considered as resistance. The $50 mark stays a sturdy barrier that has acted as a response degree a number of occasions in the previous.
The RSI on the each day chart has risen to about 59, indicating fixed upward power. The market has not but proven tiredness at this degree, however the slight pause close to the resistance signifies the need of validation earlier than the idea of additional continuation.
Moreover, on the 4-hour chart, the construction stays impartial however underneath stress. The asset has stalled just below the resistance zone. More importantly, the RSI has been shifting alongside an ascending trendline, which is now near breaking. Umair noted,
“If the breakout doesn’t occur earlier than that RSI trendline cracks, count on a short-term downtrend towards the $37–$38 vary.”
This degree aligns with prior assist from earlier this month and will function a pullback goal if patrons lose management.
Channel Structure Still Intact
Looking past the quick 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.
While some indicators present potential weak spot, others provide a extra constructive view. The MACD has flipped to a bullish crossover, suggesting momentum should still assist the uptrend—offered the worth can keep above $44 and ultimately clear the $50 barrier.
Analyst Joe Swanson noted the construction is “technically impartial in the medium time period,” which means the present setup nonetheless wants a breakout to verify additional power.
Alongside the worth motion, Hyperliquid’s broader efficiency is drawing consideration. According to market researcher Ryan Watkins,
“Hyperliquid captures 33% of all blockchain income, making it the highest cash maker in the cryptoeconomy.”
He additionally famous that the venture is doing so with “the very best income high quality and greatest progress trajectory.”
TD Sequential Warns of Possible Pullback
Another warning comes from analyst Ali Martinez, who flagged a promote sign from the TD Sequential indicator. While this device doesn’t assure a reversal, it usually marks areas the place the market may pause or retrace.
Whether the token breaks greater or pulls again will possible form market habits in the periods forward.
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