Hyperliquid price prediction: Can strong revenue and HIP-4 lift HYPE further?

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Hyperliquid surges 9.89% to $34.11

Highlights

Hyperliquid's HIP-4 protocol upgrade introduces fully collateralized, outcome-based trading contracts, expanding offerings beyond perpetual futures without margin or liquidation risk.
Increased platform activity and record trading volumes are driving higher daily fee revenue, supporting token buybacks and burns for HYPE.
HYPE trades at $34.11, above key moving averages with technical resistance at $35.00 and support at $27.68, while momentum is broadly bullish but overbought.

Protocol upgrade and rising activity as platform expands beyond futures

Hyperliquid has launched outcome-based trading contracts with the HIP-4 protocol upgrade, enabling fully collateralized contracts for prediction markets and options-like products without margin or liquidation risk. This new feature marks an expansion of the platform beyond perpetual futures, contributing to increased on-chain user activity and fee revenue used for token buybacks and burns. Additional momentum comes from strong platform growth, record open interest and trading volumes, and higher daily revenue following recent protocol upgrades.

Broadly bullish signals as oscillators warn of overbought conditions

Momentum indicators remain broadly supportive. MACD and ADX are both positive, indicating a clear bullish trend and ongoing trend strength, though ADX levels are not extreme. Multiple oscillators — including RSI, Stochastic RSI, and CCI — are signaling overbought conditions, with Bull/Bear Power confirming strong buyer dominance. The Awesome Oscillator is neutral, providing no active divergence but aligning with the current bullish tone. Today's session opened higher with a gap up and trades near the intraday high after a 9.89% rally, underscoring elevated volatility and persistent upward pressure.

Low breakout odds as consolidation and pullback risk intensify

For the coming week, the expected trading band is $34.10 to $35.60, consistent with typical volatility. The probability of further price increases remains very low (less than 20%), and a pullback is more likely based on weekly signals. The baseline scenario anticipates sideways consolidation between $34.10 and $35.60, with a bullish breakout possible if HYPE sustains above $35.60 and downside risk increasing if the price falls below $34.10, potentially targeting dynamic support levels.

Anton Kharitonov, expert at Traders Union, sees Hyperliquid’s price remaining capped below its long-term resistance, despite recent gains and strong platform activity. He notes that short-term technicals signal bullish momentum, but multiple overbought indicators and a low probability of further upside warrant caution. The base case is sideways movement, with downside risk if $34.10 fails to hold. "Given the overbought state and looming resistance, I remain cautious — any break below $34.10 is a warning to step back."

Previously it was reported that Hyperliquid's HYPE token is displaying strong short- and medium-term bullish momentum, trading above key 20- and 50-day moving averages but still facing resistance below the longer-term 200-day average. Technical indicators, including MACD, ADX, and bullish oscillators, confirm persistent buying pressure and upward momentum intraday, though overbought conditions and bearish weekly signals suggest the likelihood of near-term consolidation between established support and resistance levels.

Source of Data: HYPE Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.