• Hyperliquid (HYPE) trading at $46.36, marking a 2.1% daily rise amid reduced volume.
• Analysts expect a potential dip toward $42.58 before a possible rebound.
• Long-term forecasts suggest HYPE could reach $101.54 by end of 2025, despite near-term volatility.

Hyperliquid (HYPE) is currently trading at $46.36, reflecting a 2.1% increase in the last 24 hours. However, trading volume declined sharply to $422.44 million, a 36.98% decrease, signaling weakened market participation. Over the past week, the token’s price slightly dipped by 0.07%, suggesting cautious sentiment among traders.

Market observers attribute the slowdown to broader cryptocurrency consolidation and investor uncertainty surrounding short-term market direction. Despite these fluctuations, HYPE continues to hold within a structured trading channel, maintaining investor interest due to its sustained liquidity and technical pattern stability.

HYPE Maintains Strong Uptrend Channel

Crypto analyst CryptoPulse notes that HYPE remains within an uptrend channel characterized by higher highs (HH) and higher lows (HL), a traditionally bullish setup. However, the analyst cautions that the current upward movement appears corrective, implying potential short-term weakness.

According to CryptoPulse’s analysis, the next key support zone lies at $42.58. If this level holds, a rebound could follow, reaffirming bullish strength. Conversely, a break and consolidation below $42.58 could invalidate the positive outlook, signaling further downside risk. Traders are thus advised to monitor this level closely as the market seeks direction amid reduced trading activity.

Also Read | HyperLiquid Bulls Seek Explosive Reversal Beyond $59.928 Zone

HYPE Price Prediction For 2025

According to  DigitalCoinPrice, the token could surpass its previous all-time high of $59.39 and reach between $93.76 and $101.54 by the end of 2025, supported by growing investor confidence and market adoption.

However, CoinCodex’s October 2025 outlook paints a more conservative picture. Analysts expect continued bearish pressure, projecting a monthly trading range of $32.46 to $46.83, with an average value near $37.00, a 26.65% decline from the prior month. For short-term traders, this fluctuation presents a potential 30.27% return on short positions.

Also Read | Hyperliquid Breaks Out: Could Hit $0.0183 This Week