Bullish engulfing pattern — Hyperliquid gains 8.28%

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Hyperliquid jumps 8.28% as buyers return

Highlights

Hyperliquid (HYPE) trades at $42.73, below the MA-20 at $44.90 and MA-50 at $47.84, reflecting near-term selling despite long-term support above MA-200 at $36.30.
A bullish engulfing pattern and gap up from $39.46 to $42.44 signal renewed buyer interest and increased volatility, though technical indicators remain mixed regarding momentum and trend strength.
HYPE is projected to consolidate between $45.91 and $46.32 over the next five days with an 80% probability of an upward move, while a loss under the Ichimoku Kijun at $40.19 could prompt a deeper correction.

Bullish weekly reversal pattern raises optimism amid persistent volatility

Recent sessions have been influenced by the emergence of a bullish engulfing pattern on HYPE’s weekly chart, indicating a potential reversal after prior corrections. Throughout 2025, the asset has experienced considerable volatility, with fluctuations that underscore changing market sentiment. This supportive technical backdrop has added optimism to the near-term outlook.

Mixed momentum as prices test resistance and volatility lifts uncertainty

Technically, HYPE is facing downward pressure in the short and medium term, as it remains under both the MA-20 and MA-50, while holding well above the MA-200. The Ichimoku Kijun at $40.19 serves as dynamic support, with the MA-50 representing the next resistance. Momentum indicators are mixed: the MACD points to ongoing weakness, the ADX D1 signals a strong trend, and oscillators like the D1 RSI (41.18) and Stoch RSI (30.08) do not indicate oversold conditions. The CCI remains soft, BBP’s deep negative reading suggests sellers are dominating intraday momentum, while the Awesome Oscillator points to underlying bullish strength. Notably, a gap up from the prior close at $39.46 to the open at $42.44, with prices hovering near session highs, highlights increased volatility and persistent buyer interest even as oscillators diverge, illustrating persisting uncertainty.

Consolidation persists as limited downside risk contrasts with breakout potential

Over the next five trading days, HYPE is likely to range between $45.91 and $46.32, averaging $46.11. With weekly buy signals from the MA-50-w1, ADX-w1, and MACD-w1, and only a sell from RSI-w1, the probability of an upward move is above 80%, so downside risk remains limited. The baseline scenario points to continued consolidation under $46.32. A bullish breakout above the MA-50 and $46.32 could signal further gains, while a loss of support below the Ichimoku Kijun at $40.19 may prompt a deeper correction.

Anton Kharitonov, expert at Traders Union, sees HYPE displaying a technically mixed structure — even as buyers attempt to assert themselves, short- and medium-term signals remain vulnerable beneath key moving averages. He remains cautious, noting that while volatility and bullish weekly signals are present, confirmation above $46.32 is still lacking to warrant higher conviction. Should the price fail to break this resistance, risk of a deeper pullback persists, especially if support at $40.19 gives way. "Until HYPE can reclaim the MA-50 near $46.32, I remain neutral — base case is continued consolidation, with downside risk if support is lost."

Last time we reported that Binance reimbursed $283 million to some of the liquidated users following technical issues during the recent market collapse. Exchange leaders addressed the record wave of crypto liquidations and emphasized the need to prevent conflicts of interest within exchanges.

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.