HYPE price prediction: Sideways move ahead? Hyperliquid gains 7.63% on whale interest

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Hyperliquid rises 7.63% today

Highlights

Hyperliquid (HYPE) trades at $41.41 below its 20-day and 50-day moving averages, facing resistance at $43.12 and support at $39.64.
Institutional activity is strong with a $14 million USDC transfer and over 210,000 HYPE accumulated, while daily buybacks exceed $2 million, reinforcing deflationary pressure.
Forward five-day range is expected between $18.47 and $39.26 with less than 20 probability of price increase, and baseline view is sideways movement.

Institutional accumulation and buybacks intensify deflationary sentiment

Hyperliquid has attracted major institutional attention, highlighted by a $14 million USDC whale transfer and the accumulation of over 210,000 HYPE tokens. The platform’s on-chain daily revenue stands at $6.8 million and supports an aggressive buyback program, driving deflationary pressure, with over $2 million in daily token buybacks. Recent milestones include Total Value Locked surpassing $5 billion in 2025, a landmark ETF filing by 21Shares, and Ledger’s support for HYPE.

Conflicting technical signals as volatility drives intraday swings

Momentum indicators are sending conflicting signals: daily MACD and ADX both suggest weak or declining bullish momentum, while RSI holds near neutral at 50 and Stoch RSI points to a strong buy, flagging residual oversold conditions. The BBP is overbought, indicating buyers have been dominant intraday, though CCI remains neutral and the Awesome Oscillator points downward, which supports the loss of momentum. Today saw a strong opening gap higher ($38.47 to $42.22), and the current price sits mid-range between today’s low ($40.40) and high ($43.27); intraday volatility has been high, with clear strength toward the open but recent consolidation in the middle of the session’s range.

Downside bias heightened as breakout appears unlikely

Looking ahead, the expected range for HYPE over the next five days is $18.47 to $39.26, with the average price around $28.86. The probability of a further price increase is very low (less than 20%), making a decrease more likely. The baseline scenario is for price action to remain sideways within the current band. A bullish scenario would require a clear breakout above $43.12 resistance, supported by stronger momentum. A bearish scenario unfolds if the price slips below $39.64 support, signaling further retracement.

Anton Kharitonov, expert at Traders Union, sees mixed technical structure for Hyperliquid (HYPE) with short-term resistance and weak upside momentum. He notes that strong institutional interest and buybacks are not enough to outweigh the technical pressure and risk of bearish continuation. Kharitonov believes the base case is sideways movement, with a break below $39.64 pointing to further declines. "As long as HYPE stays under $43.12, I remain defensively positioned and skeptical about any sustainable upside."

Previously, it was noted that whale accumulation intensified as bullish sentiment countered technical hurdles. Last time we reported that seller dominance persisted intraday amid mixed momentum and oversold signals on the daily timeframe.

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.