Hyperliquid price jumps as token buying pressure builds

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Hyperliquid surges 10.46% today

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Andreas Kristo

21 hours ago

Hyperliquid price jumps as token buying pressure builds — Hyperliquid surges 10.46% today

Hyperliquid (HYPE) is trading well above its key moving averages, with the price at $75.48 versus the MA-20 at $57.44, the MA-50 at $48.10, and the MA-200 at $35.54. The asset jumped 10.46% on the day and remains strongly positioned in a bullish structure across all timeframes.

HYPE price prediction

24H 8.4%

$72

48H 11.98%

$74.38

7D 17.69%

$78.17

1M 36.86%

$90.9

3M 73.49%

$115.23

6M 14.89%

$76.31

12M 978.58%

$716.39

Detailed

Current price: $ 66.42 -7.14 9.71%

Real-time Data 19:56

Daily range 64.8

75.5

Weekly range 60.39

75.79

Highlights

HYPE entered the top 10 cryptocurrencies by market cap on strong institutional inflows and multiple new U.S.-listed ETFs.
ETF launches—Grayscale, Bitwise, and 21Shares—drove combined net inflows over $136 million in May, supported by on-chain fee-funded buybacks.
Technicals show a strong bullish trend with overbought signals; HYPE is projected to consolidate between $68.63 and $85.76 over five days.

Large inflows boost HYPE ranking amid ETF launches and buybacks

Hyperliquid's native token HYPE has moved into the top 10 cryptocurrencies by market capitalization, driven by robust institutional inflows and the launch of new U.S.-listed ETFs including Bitwise, 21Shares, and Grayscale. The Grayscale Hyperliquid Staking ETF (HYPG) joined Bitwise's BHYP and 21Shares' THYP on Nasdaq, with combined ETF net inflows surpassing $136 million in May. Additional uplifts stem from continuous on-chain buybacks funded by up to 99% of exchange trading fees, increased whale accumulation, and higher trading activity on Hyperliquid’s perpetual products.

Anton Kharitonov, expert at Traders Union, believes that Hyperliquid's price surge is detached from its underlying technical signals. He notes significant overbought conditions, with both RSI and CCI stretched while Stochastic RSI signals a strong reversal risk. Kharitonov draws attention to the aggressive ETF-driven inflows, considering them unsustainable if institutional appetite fades. He remains wary of the divergence between momentum and the overextended rally. "Traders should be defensive here — stretched oscillators and feverish buying hint at elevated pullback risks for HYPE."

Viktoras Karapetjanc, expert at Traders Union, sees Hyperliquid’s new ETF listings and institutional inflows as proof of expanding market adoption. He highlights robust buyback mechanisms and strong whale activity as positive structural drivers. Karapetjanc is confident that the bullish structure remains intact, supported by favorable weekly indicators and elevated trading activity. He expects the recent momentum to sustain further growth potential. "The current setup points higher — the market offers multiple opportunities as HYPE’s institutional narrative builds further."

Overbought conditions persist as upward trend diverges from stretched oscillators

Momentum remains firmly positive, as the MACD and Average Directional Index (ADX) both signal sustained buying strength. Overbought conditions are present on several indicators: the Relative Strength Index (RSI) is at 67.60 with a Buy signal, the Stochastic RSI points to a Strong Sell as it emerges from overbought, and the Commodity Channel Index (CCI) also flags overbought territory. Bull/Bear Power (BBP) indicates buyers are dominating intraday action, with a strong overbought signal. The Awesome Oscillator is supportive of the prevailing upside momentum. Dynamic support is indicated by the Ichimoku Kijun at $56.99, with the MA-50 near $48.10 serving as the closest support below. The intraday tone shows sustained strength as the price presses toward session highs, though the mix of overbought readings and strong momentum highlights a divergence between stretched oscillators and the underlying trend.

Previously it was reported that Grayscale’s launch of the Hyperliquid ETF and rising institutional inflows had positioned HYPE as a standout among top cryptocurrencies. With momentum now supported by a broader ETF presence and considerable on-chain buyback activity, traders should monitor for a confirmed breakout above $85.76 as the next potential catalyst for further upside.

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

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.