Hyperliquid (HYPE) Price Forecast This Week: Bullish Surge Ahead?

Hyperliquid (HYPE) is gearing up for a volatile week as traders eye key resistance levels. Will it break out or face a pullback?

Market Sentiment Heats Up

HYPE's recent consolidation has traders split—some see a coiled spring, others a looming correction. Liquidity pools suggest whales are accumulating, but retail FOMO hasn’t kicked in yet.

Technical Outlook

The 20-day EMA acts as a make-or-break level. A clean hold could trigger a 15-20% bounce; failure risks a dip to August’s support zone. RSI hints at oversold conditions—classic setup for a dead cat bounce or a legit rally.

Macro Factors at Play

With Bitcoin dominance wavering, altcoins like HYPE could benefit from capital rotation. Just don’t expect Wall Street to notice—they’re still trying to mint their own stablecoin.

Bottom Line: HYPE’s price action this week hinges on BTC’s stability and whether traders still believe in ‘altseason.’ Either way, buckle up.

1. Downtrend Intensifies

The market seems to be turning around after HYPE failed to sustain its price above $40. This level has now turned into a key resistance, and sellers are aiming for $37 next. Should that level also fall, then HYPE will likely find support just above $32.

2. Bears Return in Force

After being absent for months, bears are back, and they mean business. In the past four days, HYPE closed each daily candle in red. This has scattered any buyers as the price is in search of support. Hopefully, this cryptocurrency can find some relief around $37, which should act as a key support.

3. Major Bearish Cross

The 3-day MACD did a major bearish cross, which signals that HYPE is entering a significant correction that can last several weeks, at minimum. With sellers having the upper hand, the price could very well visit the low $30s if buyers remain shy.