Hyperliquid Price Prediction: HYPE Eyes Breakout Above $35.50

Hyperliquid (HYPE) is showing early signs of stabilization after reclaiming the 20-day exponential moving average at $30.18. The recovery suggests dip-buying interest, though momentum remains balanced as the indicator flattens and the RSI hovers slightly above the midpoint.

HYPE Technical Analysis and Key Resistance Levels

For bullish momentum to strengthen, HYPE must secure a decisive move above $35.50. A confirmed breakout at this level would indicate that the recent corrective phase may be ending, potentially clearing the path toward the $44 resistance zone.

On the downside, risk remains if the price slips beneath the 50-day simple moving average at $27.25. Such a breakdown would tilt the advantage toward sellers and could trigger a deeper pullback toward the $20.82 support level, reinforcing near-term bearish pressure.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.