Hyperliquid price prediction: Watching $75.78 resistance as HYPE climbs 11.94%

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Hyperliquid jumps 11.94% to $72.19 today

Highlights

Institutional demand for Hyperliquid's HYPE token surged, demonstrated by a $17.19 million daily ETF inflow and $161 million in net inflows for the first month.
Record trading activity in HIP-3 perpetuals post-SpaceX IPO drove platform open interest to $3 billion, supporting protocol revenues above $50 million with aggressive token buybacks.
HYPE/USD maintains a strong uptrend with high momentum and overbought conditions, trading between $65.98 and $75.78 as volatility elevates risk of a near-term pullback.

Institutional ETF inflow and platform volume fuel buyback-driven demand

A surge in institutional demand for Hyperliquid's HYPE token is driving market activity, highlighted by a single-day record ETF inflow of $17.19 million, according to SoSoValue and ETF flow data. This influx of institutional capital is matched by hyperactive platform usage, as Hyperliquid's HIP-3 perpetual contracts linked to SpaceX (SPCX) generated $1.4 billion in trading volume following the SpaceX Nasdaq IPO, contributing to new highs in Real-World Asset open interest at $3 billion. Net inflows into HYPE ETFs reached $161 million in the first month, while monthly protocol revenue exceeded $50 million, with up to 99% of fees directed to HYPE buybacks — all combining to amplify token demand and tighten supply.

Overbought signals build as bullish momentum and volatility intensify

HYPE is currently trading well above the MA-20 and MA-50 levels, while maintaining a strong margin above the MA-200. The immediate support is set by the Ichimoku Kijun at $68.37. Technical momentum indicators, including MACD and ADX, continue to signal bullish continuation. However, RSI, Stoch RSI, CCI, and BBP remain in overbought territory, reflecting dominant buyer strength but also highlighting the risk of a short-term exhaustion. The Awesome Oscillator supports the ongoing uptrend, while elevated volatility accompanies the advance.

Range-bound consolidation favored as breakout risks climb

In the near term, the typical volatility band for HYPE spans from $65.98 to $75.78 over the next 2–3 sessions. The base case calls for stabilization within this range, with a 72% probability of further upward movement. A confirmed breakout above resistance could trigger additional upside, while a drop below immediate support would open the path for a sharper pullback.

Viktoras Karapetjanc, expert at Traders Union, sees the recent surge in HYPE price as a direct response to robust institutional inflows and record platform activity. He notes that growing interest in real-world asset trading and active protocol buybacks are fueling sustained demand and tightening supply. Technical indicators show bullish momentum remains strong, though short-term exhaustion is a risk. In his view, the current macro and sentiment backdrop support further upside. "With institutional demand and protocol fundamentals aligned, I expect HYPE to maintain its upward trajectory within the $65.98 to $75.78 band in the near term."

Earlier, analysts noted that Hyperliquid's expanding role in crypto-based equity exposure was underscored by surging participation in perpetual contracts linked to major IPOs like SpaceX. The current influx of institutional capital and record protocol activity further strengthens this thesis, with a breakout above $75.78 likely to prompt another leg higher, while a close below $68.37 would signal greater downside risk.

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.