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Hyperliquid (HYPE) Price Prediction: Can It Surge to $60 by July 14?

Hyperliquid (HYPE) Price Prediction: Can It Surge to $60 by July 14?

Author:
Tronweekly
Published:
2025-07-10 08:30:00
9
2

Hyperliquid’s HYPE token is flirting with a breakout—but can it smash through $60 this week?

Market watchers are split as volatility spikes. Some see a liquidity squeeze fueling a parabolic move, while others warn of overleveraged longs ready to get rekt. Either way, the charts are screaming for attention.

Key levels to watch: A clean hold above $55 could trigger FOMO buys, while failure here might send traders scrambling for exits. Remember: In crypto, ‘fundamentals’ are just astrology for finance bros.

Hyperliquid Price Prediction: Will HYPE Hit $60 This Week?

  • Hyperliquid (HYPE) is currently trading at $41.76 following the 6.7% daily increase and $315.7 million surge
  • The protocol earned $46,000 in fees, using 97% for token buybacks, holding $1M in bids.
  • HYPE creates an upward triangle; a breakout might take the price to $59, indicating strong upward movement.

Hyperliquid (HYPE) is drawing significant attention as it approaches a critical price juncture. At the time of writing, HYPE trades at $41.76, up 6.7% on the day. Despite intraday price dips, trading volume surged 34.72% to $315.7 million, signaling active profit-taking rather than a loss of confidence among holders.

HYPEUSDT 2025 07 10 09 51 23

Source: TradingView

Strong On-Chain Support and Technical Structure

Beyond market speculation, Hyperliquid’s ecosystem has sound fundamentals. The protocol has earned more than $46 in fees in the recent past, with an impressive 97% of those earnings being used to automatically purchase back HYPE tokens. The Assistance Fund, in charge of these buybacks, has more than $1 million worth of HYPE, bidding live at around $38.88

Hyperliquid makes 46.000 US-Dollars in 10 Minutes 97% of that goes to Buyback $HYPE pic.twitter.com/2Xij7pkFQj

— Mirage (@dontstopmirage) July 8, 2025

Technically, HYPE navigates in a clean uptrending channel, currently NEAR its lower line—a formidable support zone in the recent past from $34.50 to $35.50. MadWhale, a chart technician, refers to the region as one key buying area, where volume is fading around support, indicating good continuation price action in store.

Screenshot 876

Source: TradingView

If the channel is to hold, the return to $46 WOULD be an 18% rebound from where it is today. The upper trendline from this channel has topped rallies before, and it’s the next resistance to monitor.

Hyperliquid Bullish Outlook Towards $59 and Beyond

Analysts from Bitcoinsensus noted that HYPE is currently consolidating tightly within an ascending triangle pattern, a classic technical signal often leading to bullish continuation. This sets the stage for a potential breakout as momentum builds in the cryptocurrency market.

If Hyperliquid surmounts its present resistance and successfully retests the breakout point, it would be able to rally to the $59 goal—a stride representing a tremendous upside from its consolidation range. The bullish configuration remains in place for as long as the rising triangle pattern remains steadfast.

GvcASMMW8AAvD M

Source: X

As the trend gains speed and volume surges following the breakout, the traders would do best to keep close watch for confirmation signals. A confirmed breakout and retest could provide an attractive entry point ahead of an explosive rally toward the $59–$60 range.

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