- Hyperliquid hit a new ATH at $90.92, up by over 13%.
- HYPE’s momentum confirms strong buying pressure.
Hyperliquid (HYPE) reached a fresh all-time high of $90.92, trading near $90.04 with an increase exceeding 13.2%. Trading volume stands at $1.69 billion, while the weekly price span covers $75.27 to $90.92 via a steady and clean upward movement.
The wedge resistance has been cleared, breaking through structures that previously limited HYPE for weeks, and the chart now aims higher amid sustained buying demand. Over the past 24 hours, the asset traded between $79.35 and $90.92 alongside $8.32 million in liquidations.
A three-digit price for HYPE appears inevitable, with $100 serving as the next major milestone monitored by the market.
If Hyperliquid’s current upward trend persists, the asset could climb toward the nearest resistance level near $93.48. Should bullish momentum intensify further, a golden cross could trigger, ultimately pushing the price past $97.
Conversely, if HYPE suffers a bearish reversal, the price could drop immediately and test support at $87.12. A deeper downside correction might pull the price past $83 while prompting a death cross.
Technical Indicators Hint at More Upside for Hyperliquid
A 4-hour technical review of Hyperliquid shows the Moving Average Convergence Divergence (MACD) and signal lines positioned above zero, reflecting a robust macro uptrend where short-term bullish momentum accelerates.
This dual-positive alignment verifies intense buying pressure, demonstrating that buyers maintain total control and keep driving the price upward, which traders interpret as validation to hold long positions.
Meanwhile, the daily Relative Strength Index (RSI) sits at 81.92, placing HYPE deeply in overbought territory. This reflects aggressive buying that has fueled an exceptionally powerful rally and intense short-term momentum, leaving the asset severely overextended.
Although prices can stay elevated during aggressive parabolic rallies, this represents a high-risk area for initiating new long positions and strongly points to a rising likelihood of momentum exhaustion.
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Frequently Asked Questions
What was Hyperliquid’s (HYPE) new all-time high?
Hyperliquid reached a new all-time high of $90.92.
What is the next major price target for HYPE?
The market is currently eyeing $100 as the next significant threshold.
What are the key support and resistance levels to watch?
Nearest resistance sits around $93.48, with a potential push above $97 if bullish momentum continues. On the downside, support can be found at $87.12, with a potential correction dropping below $83.
What do the technical indicators say about HYPE?
The 4-hour MACD shows strong macro uptrend momentum and continuous buying pressure, while the daily RSI of 81.92 indicates the asset is severely overbought and in a high-risk zone for new long positions.
