Hyperliquid price prediction: $64.75 support in focus as HYPE slides 7.50%

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Hyperliquid drops 7.50% to $70.15 today

Highlights

Hyperliquid ETFs saw $18 million in net inflows on June 16, lifting total allocations to $172 million since launch and signaling strong institutional engagement.
Aggressive buyback of HYPE and allocation of USDC yield are supporting reduced circulating supply, with 45% of stakable tokens still locked up.
Technicals show continued short- to mid-term selling pressure, with $64.75 as key support and $75.55 resistance, and downside favored over the next 2–3 days.

Institutional inflows and buybacks boost liquidity amid ongoing selling

U.S.-listed Hyperliquid ETFs recorded $18 million in net inflows on June 16, bringing total ETF allocations to $172 million since launch, according to SoSoValue. This event indicates ongoing institutional capital deployment, which expands liquidity and can foster price stability. Additional support comes from a buyback mechanism routing 97%-99% of trading fees into HYPE purchases, the allocation of new yield from multi-billion-dollar USDC reserves to the Assistance Fund, and approximately 434 million tokens, or 45% of stakable supply, remaining locked in staking contracts. These developments have contributed to robust participation and constrained supply, though price action has remained under broader selling pressure.

Divergent momentum signals as price tests oversold technical zones

On the hourly chart, HYPE/USD is positioned below the MA-20 ($73.40) and MA-50 ($71.49), with the long-term MA-200 at $37.41 acting as structural support. Immediate resistance is noted at the $73.83 Kijun level. Momentum signals are mixed: MACD shows a strong buy signal, whereas ADX points to a weakening trend environment. RSI sits near 41, reflecting sustained selling activity, while Stoch RSI, CCI, and BBP are all in oversold territory, suggesting downside exhaustion intraday. The Awesome Oscillator is neutral, and the latest session was marked by high volatility, a gap down of 2.21, and the price closing near session lows, confirming negative intraday momentum despite conflicting oscillator signals.

Short-term rangebound outlook as bearish bias edges downside risk

Over the next 2–3 trading days, HYPE is expected to fluctuate within a range of $64.75 to $75.55, reflecting typical volatility relative to current levels. Probability assigns a 55% chance of further downside toward the lower end of this band, while a potential rebound scenario carries a 45% probability. Holding above $64.75 would be needed to avoid further declines, while a bullish breakout requires a sustained move beyond the $73.83 resistance.

Anton Kharitonov, expert at Traders Union, sees persistent institutional inflows and active buyback mechanics as positives for HYPE, but remains cautious due to prevailing selling pressure and technical weakness. He notes that the token trades beneath key moving averages, with only long-term support providing a buffer. Downside momentum persists, and indicators suggest further vulnerability despite signs of supply constraint. "My base case is for more downside toward $64.75 unless HYPE can reclaim and sustain above the $73.83 resistance," Kharitonov says.

Earlier, analysts noted that Hyperliquid’s decisive uptrend was driven by robust institutional demand and record market participation. The recent downside volatility introduces a shift in short-term momentum, making the $64.75 support a critical threshold for traders monitoring the risk of further declines versus a potential rebound.

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.