Hyperliquid (HYPE) at Make-or-Break Moment: Will It Soar to $31 or Crash to $28?

Hyperliquid (HYPE) is teetering on a razor's edge—traders are glued to their screens as the altcoin faces a critical inflection point. Will bullish momentum propel it past $31, or will bears drag it down to $28?

The crypto market holds its breath. Technical indicators show tightening volatility, with liquidity pools split between aggressive bids and stop-loss hunters. Meanwhile, 'smart money' whales are placing asymmetric bets—because when has reckless speculation ever gone wrong in crypto?

One thing's certain: This is the kind of high-stakes price action that separates the diamond hands from the margin-called masses. Watch those key levels like your portfolio depends on it (because it probably does).

HYPE Price Near Decisive Technical Zone

Crypto analyst Kaizen has drawn attention to what he describes as a decisive technical zone around the $28 level. According to his assessment, HYPE has formed a broad topping structure, a pattern typically associated with slowing upward momentum. Kaizen notes that recent price rebounds have occurred with diminishing volume, reinforcing concerns that buying pressure is weakening rather than strengthening.

From a technical perspective, a daily close below $28 could expose the asset to increased downside risk, potentially accelerating selling pressure. Conversely, a sustained move above $31 WOULD undermine the current bearish framework and suggest renewed strength. However, the analyst emphasizes that this outlook remains conditional and unconfirmed, dependent on forthcoming price action and market participation.

Also Read | Hyperliquid (HYPE) Price Analysis: Strong Support at $28–$32 Signals $64 Target

HYPE Price Prediction for 2025

According to DigitalCoinPrice, HYPE experienced notable volatility at the beginning of January 2025, briefly falling below previous reference levels. Despite this early-year weakness, longer-range expectations suggest a substantial recovery may unfold over the course of the year.

HYPE could advance beyond the $59.39 level, surpassing its prior all-time high before year-end. Analysts cited by the platform anticipate that the token may eventually trade within a range of approximately $58.52 to $63.38, provided favorable market conditions persist. While such forecasts underscore confidence in the project’s growth potential, they remain subject to broader market dynamics, adoption trends, and sustained investor interest.

Also Read | Hyperliquid Price Forecast: Could Trigger $45 Next Bull Phase