Hyperlink (HYPE) Price Prediction: Price Pulls Back After $50 Rejection, Eyes on $35 Support

HYPE is currently trading just below the $40.0 mark and continues to move in a downtrend on lower timeframes. As mentioned in our previous analysis, the token broke out of a falling wedge pattern on the 1-day timeframe, which briefly pushed the price toward the $50.0 region. This level served as a major resistance zone where buyers began to lose strength. The price faced a sharp rejection at $50.0, causing HYPE to pull back and shift the short-term trend downward. At the moment, it remains above a key support level, though a retest of this area seems increasingly likely. Let’s examine the latest HYPE charts to see where the price might be headed next.

Our HYPE Price Prediction Summary

• HYPE continues to trade below $40.0 with a weak recovery, facing pressure after rejection from the $50.0 resistance.
• The $35.0 support remains the key level to watch, as a breakdown could drag the price toward $30.5.
• Despite short-term weakness, the broader uptrend stays intact, keeping HYPE’s outlook neutral for now.

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Analyzing the HYPE Charts

Price Action on the 4-Hour Timeframe

Looking at the latest 4-hour chart for HYPE, the first clear observation is the strong rejection from the $50.0 region. Since then, the price has been moving lower and has already lost support at $43.0. It did manage to bounce slightly above the $35.0 support, but the recovery appears weak so far. At this stage, another retest of the $35.0 level seems likely, and how the price reacts to this support will be crucial in determining the next short-term move.

Daily Trend Breakdown

On the 1-day timeframe, the key levels remain mostly the same. The chart shows that HYPE had a breakout out of a falling wedge pattern not long ago, which pushed the price up to the $50.0 region. However, this is where momentum began to fade, and after several failed attempts to hold above that level, the price faced rejection and started to decline again. The main support to watch now is still around $35.0, as noted earlier. If the price breaks below this level in the coming days, the next area to watch will be near the $30.5 mark.

Weekly Structure Outlook

Switching to the 1-week timeframe, it’s clear that the broader uptrend remains intact, which is a positive sign for the bulls. Despite the ongoing correction, HYPE has not broken its overall bullish structure. However, a bearish divergence appeared last month and has yet to play out meaningfully, though it currently shows little impact on the price. If HYPE manages to form a higher high in the coming weeks without confirming another negative RSI divergence, this bearish setup will likely be invalidated. Until that confirmation occurs, our HYPE price prediction remains neutral.

Final Takeaway: What is Next for HYPE?

HYPE is holding above key support levels despite facing rejection at major resistance zones. The short-term trend remains bearish as the price continues to test lower levels, but the broader structure still supports a potential recovery if the $35.0 support holds firm. A clean bounce from this area could signal renewed momentum toward the $43.0 and $50.0 levels, while a breakdown below $35.0 may open the door to $30.5. On higher timeframes, the uptrend remains intact. Indicators are mixed for now, which keeps the overall outlook neutral until the market confirms direction through either a clear breakout or a deeper retracement. However, with overall market struggling further correction in coming weeks is likely for HYPE.