Hyperliquid Price Prediction: Can HYPE Break Above $50 After Recent Rally?
Hyperliquids native token $HYPE continues attracting aggressive bullish momentum as traders push the asset near a critical resistance zone. The token recently climbed from the $38.20 swing low toward the $47 to $48 range. Strong technical positioning and improving derivatives activity now support the broader uptrend. Market participants also continue increasing leveraged exposure, which reflects growing confidence in the ongoing recovery phase. However, volatility risks remain elevated as $HYPE approaches a major breakout area near previous highs. Technical Structure Supports Further Upside The four-hour chart still favors buyers after $HYPE moved decisively above several key resistance levels. Price currently trades above the 20, 50, 100, and 200 exponential moving averages. This structure usually signals strong trend continuation and sustained market strength. Moreover, bulls recently reclaimed the Fibonacci 0.786 retracement level near $46.33. That breakout increased expectations for another attempt toward the recent peak around $48.54. Buyers now need a convincing move above that barrier to unlock a possible rally toward the psychological $50 level. Hyperliquid Price Dynamics (Source: Trading View) However, traders may also face increased selling pressure near current levels. Short-term investors could begin securing profits after the recent sharp advance. Consequently, $HYPE may enter a temporary consolidation phase before establishing another directional move. Related: Cardano









