Hyperliquid (HYPE) Price Forecast: Can It Defy Market Gravity This Week?
Hyperliquid (HYPE) is gearing up for a volatile week—traders are either loading up or bracing for impact.
Bullish signals clash with macro headwinds as liquidity tightens across crypto markets.
Will HYPE mirror last month''s 40% surge, or sink under whale sell pressure? Our technicals point to a make-or-break $2.50 resistance test.
Remember: In crypto, ''price predictions'' are just horoscopes with spreadsheet dressing.
1. New Record Price
The appetite for HYPE appears unstoppable. The price made a new record yesterday at $46 per coin. This comes just days after its previous all-time high at $44. Buyers appear determined to hit $50, which will also act as a key resistance.
2. Uptrend Continues
With a higher high confirmed, HYPE has a clear path forward to continue its record-breaking streak. Expect new records if the bulls maintain their pressure. However, a careful look at the momentum indicators shows that price exhaustion is likely in the NEAR future.
3. Bearish Divergence Calls for Caution
The daily RSI shows a clear bearish divergence. While HYPE’s price is making higher highs, the RSI is making lower highs. This is a clear signal that the uptrend is approaching its final stages. It’s best to be cautious here and prepare for a significant pullback later, especially if the asset falls below its existing uptrend.
