Hyperliquid (HYPE) Price Analysis: Rally Attempts to Break a Weakening Structure

HYPE is currently hovering around the $48.0 mark and is showing bullish intent in the immediate short term. Just over a week ago the price faced strong rejection near $59.0, which led to a sharp sell-off that dragged it down to the $40.0 region and wiped more than 30% of its value in a matter of days. Buyers reacted quickly at $40.0 and momentum picked up soon after. Right now, HYPE is printing a series of green candles on lower timeframes and is making another attempt to reclaim higher levels. With that in mind, let’s take a look at the latest Hyperliquid charts to assess where the price could be headed in the coming days.

Our HYPE Price Prediction Summary

• HYPE has rebounded strongly from $40.0 but is now running into heavy resistance at $50.0.
• Short-term momentum is bullish, yet the daily structure still favors a potential lower high.
• A clean break above $50.0 could open the path toward $55.5 and $59.0, while rejection risks another drop to $40.0.

Analyzing the HYPE Charts

On the latest 1-hour timeframe for HYPE, the price bounced cleanly from the $40.0 support and immediately started climbing toward higher levels. After the initial jump it found support at the $43.5 mark, and despite facing temporary resistance at $46.3 it managed to break above that level as well. The main region to watch now is the supply zone around $50.0, which is a strong resistance area. HYPE needs to break above this level with conviction to confirm a reversal here.

Switching to the 4-hour timeframe, the outlook remains similar. The key region to watch here is also the supply zone around the $50.0 area, and if HYPE manages to break above this level we could see an increase in volume with the next resistance sitting at $55.5, followed by the all-time high at $59.3. However, bulls will need to push hard to make this scenario play out in the coming days.

On the other hand, if the price faces strong resistance here as it did previously, HYPE could drop again and retest the support at $40.0. That would put pressure on the bulls, who would need to defend this level to prevent further downside. If $40.0 fails to hold, the next area to watch is the $37.0 region.

Switching to the 1-day timeframe makes things even clearer. The price has broken the uptrend and has formed its first lower low in a long time. This suggests that a lower high is likely next, followed by a continuation of the downtrend. Even though the short-term HYPE price prediction is leaning bullish, this broader bearish scenario is still in play. However, if bulls manage to gain strong momentum here and push past the $50.0 region with conviction, the bullish move could extend for HYPE in the coming weeks.

Final Takeaway: What is Next for HYPE?

HYPE has shown a strong recovery from the $40.0 level, but the real test now sits at the $50.0 supply zone. Both the 1-hour and 4-hour timeframes show price pressing into that resistance, while the daily structure still leans toward a potential lower high unless bulls break the pattern. A clean move above $50.0 with momentum could shift sentiment and open the way toward $55.5 and $59.0 in the weeks ahead. If rejection kicks in again, the price may revisit $40.0 and possibly $37.0. For now, indicators point to short-term strength, but the broader trend has not fully shifted back in favor of the bulls.