Hyperliquid (HYPE) Price in Trouble? Flag Pattern Signals Drop to $19
Hyperliquid (HYPE) is displaying indicators of weak point throughout a number of timeframes, as merchants level to a bearish worth construction and fading momentum. The asset is buying and selling at round $25 as of press time, with a market capitalization of $6 billion, rating it #31 in the crypto market. HYPE has seen an virtually 3% drop in the final 24 hours, regardless of a modest achieve of two% over the previous week.
Bear Flag Pattern Suggests Further Decline
Crypto analyst Ali Martinez shared a 12-hour chart displaying what seems to be a bear flag formation. This sample sometimes follows a pointy decline and is characterised by a quick upward channel earlier than a possible continuation decrease. The asset is holding inside this channel, slightly below the important thing resistance degree at $27.
Hyperliquid $HYPE is forming a flag that would end result in a transfer to $19. pic.twitter.com/ujBDmvzrWz
— Ali Charts (@alicharts) January 8, 2026
A confirmed break under the flag’s decrease boundary would help a transfer towards the $19 zone. This goal is predicated on the projected transfer from the earlier decline.
In addition, in accordance to market observer Hyper_Up, the broader development stays bearish. They said, “In the worst-case situation, the worth might drop to the $17 space.” They additionally pointed to inner liquidity close to $24 that would gradual the autumn, earlier than including,
“A powerful reversal from there shouldn’t be anticipated.”
Meanwhile, the liquidity space round $28 was cleared not too long ago, triggering a recent transfer down. This break confirmed that sellers stay in management and {that a} reversal is unlikely with out broader market power returning.
Indicators Show Selling Pressure
On the 1-hour chart, momentum stays damaging. The 9-period EMA is under the 21-period EMA, and the worth is buying and selling beneath each. For patrons to regain management, HYPE would wish to transfer again above the $27 zone.
The MACD additionally stays in bearish territory. The MACD line is under the sign line, and the histogram reveals continued damaging stress. There are early indicators of slowing momentum, however no crossover has shaped.
Separately, Grayscale has filed statutory trusts for each BNB and HYPE with the Delaware Division of Corporations. This is a required step earlier than the agency can file for ETFs with U.S. regulators.
The publish Hyperliquid (HYPE) Price in Trouble? Flag Pattern Signals Drop to $19 appeared first on CryptoPotato.
