Hyperliquid price prediction: $57.44–$66.48 range in focus as HYPE advances 7.09%

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Hyperliquid jumps 7.09% to $61.96 today

Highlights

Hyperliquid's HYPE token entered the top 10 by market cap above $15 billion, marking a breakthrough for DeFi visibility.
Accelerating network decentralization, record total value locked, and increased validator participation signal growing ecosystem strength despite recent ETF outflows.
HYPE/USD shows strong bullish momentum with a projected 2–3 day trading range of $57.44 to $66.48, downside risk remains minimal.

Market cap milestone as liquidity and user activity surge

Hyperliquid has officially crossed a major threshold by becoming only the second DeFi token to enter the top 10 cryptocurrencies by market capitalization, surpassing $15 billion and marking a significant shift in market visibility and liquidity for the project. This achievement comes as the platform sets new records for total value locked and generates higher fees than more established chains, indicating both robust user activity and strong on-chain economics. Recent accumulation by Arthur Hayes after a corrective phase, alongside momentum in network decentralization as validators increase and more than half of HYPE is delegated away from the foundation, further supports the bullish investor engagement despite ETF outflows noted earlier in the week.

Bullish technicals as range holds and momentum stays mixed

On the technical front, HYPE/USD is trading above its MA-20 and MA-50 on the h1 chart, as well as above the MA-200 on the daily timeframe. The Ichimoku Kijun at $60.09 serves as immediate support. The next projected range is between $57.44 and $66.48, with momentum indicators including MACD (Buy), ADX (Neutral), RSI (Buy), and CCI (Buy), while BBP also signals buyer dominance. Stoch RSI and Awesome Oscillator both register neutral, indicating high but mixed short-term momentum.

Range-bound action likely as breakout risk emerges

In the short term, the HYPE price is likely to consolidate within the projected $57.44 to $66.48 band, reflecting typical volatility for the asset. An upward breakout above the current resistance may open the way for further gains. Downside scenarios appear less probable, but a move below the immediate support at the Kijun could trigger additional selling.

Anton Kharitonov, expert at Traders Union, believes the recent achievement of Hyperliquid entering the top 10 by market cap is a clear driver for renewed attention, yet the technical picture remains mixed. He sees institutional repositioning and ETF outflows as caution signals, even as network decentralization and high-profile accumulation support a stronger long-term case. For now, consolidation within the $57.44 to $66.48 range looks most likely. "Until HYPE decisively clears $66.48 or loses $60.09 support, I remain cautious and will wait for a stronger directional signal."

Earlier, analysts noted that Hyperliquid was experiencing persistent selling pressure despite signs of underlying institutional interest and medium-term bullish trends. The latest developments highlight a shift toward renewed momentum and increased network engagement, making sustained price stability above the Ichimoku Kijun an important signal for further upside potential.

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.