Hyperliquid price prediction: Trading within $64.36–$73.37 range? HYPE loses 7.24%
Hyperliquid (HYPE) is trading at $67.80, marking a daily decline of 7.24%. The asset is currently positioned below its key short- and medium-term moving averages, with pronounced downward momentum on the session.
Highlights
- Grayscale introduced the Hyperliquid Staking ETF (HYPG) on Nasdaq with a 0.29% sponsor fee, offering regulated access to HYPE token staking rewards for institutional and retail investors.
- Hyperliquid's platform saw over $62 billion in perpetuals trading volume in May as market capitalization reached approximately $18 billion, but HYPE remains under broader selling pressure.
- HYPE/USD faces persistent intraday selling, with technicals signaling a bearish-to-sideways outlook and a projected range of $64.36 to $73.37 for the next several days.
ETF launches and institutional inflows met with continued selling
Grayscale launched the Hyperliquid Staking ETF (HYPG) on Nasdaq with a 0.29% sponsor fee, introducing a regulated vehicle that enables both institutional and retail investors to access the HYPE token and associated staking rewards. Additional ETF launches by 21Shares and Bitwise have increased product variety, while May saw Hyperliquid's HIP-3 framework record over $62 billion in perpetuals trading volume, reflecting rising usage of the platform. Institutional funds have continued reallocating capital toward HYPE-based products as Hyperliquid reached a market capitalization of approximately $18 billion, though price action has remained under broader selling pressure.
Seller control intensifies amid neutral momentum and technical oversold signals
Technically, HYPE/USD is trading below the MA-20 ($73.20) and MA-50 ($72.21) on the 1-hour chart, with the MA-200 ($35.73) on the daily timeframe providing longer-term support. The Ichimoku Kijun at $73.01 is acting as immediate resistance and defines the nearest upside level to watch. MACD and ADX are both showing neutral readings, indicating a lack of clear momentum, while the RSI has shifted to Sell, and Stoch RSI, CCI, and BBP are all in Oversold territory—signaling strong seller dominance intraday. The Awesome Oscillator remains neutral and does not support either direction decisively.
Sideways consolidation favored as bearish risks outweigh rebound potential
Over the next 2 to 3 trading days, HYPE/USD is expected to trade within a volatility band of $64.36 to $73.37. The probability of further declines stands at 63%, while the likelihood of an upward move is 37%. The most probable scenario is for the price to consolidate sideways between nearby support and resistance. If bullish momentum returns and the price breaks above $73.01, a further advance is possible; sustained bearish sentiment and a close below $64.36 may trigger additional losses.
Earlier, analysts noted that Hyperliquid (HYPE) was benefiting from robust institutional inflows, rising ETF activity, and strong momentum across multiple timeframes. However, the current retracement and shift to oversold technical readings highlight increased downside risk, with the immediate focus on whether price stabilizes above key support near $64.36 or breaks lower in the coming sessions.
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