• Hyperliquid is trading at $0.0173 with $1.17B 24-hour volume, showing a 1.72% price increase.
• Key support zones lie at $0.0169–$0.0155, while resistance targets range $0.0180–$0.0204.
• Whale activity drove major inflows, including 8M USDC buying 86,322 HYPE, which showed buying pressure.

Hyperliquid (HYPE) continues to show steady momentum, currently trading at $56.49 and a 24-hour volume of $1.17 billion. Analysts anticipated for a short-term target at $0.0183 that may stretch to August highs near $0.0204. Support areas lie at $0.0169–$0.0155 and are supported by whale action.

The market capitalization for HYPE comes to $18.86 billion and therefore provides a 0.47% dominance. The price rose 1.72% over the last 24-hour period, suggesting a renewed sense of hope. The investors are taking notice of increasing market activity, and technicals are signaling tentative accumulation as the token stabilizes above pivotal support.

HYPE Faces Resistance Near $0.0186 Zone

Crypto analyst Bankr pointed out HYPE’s 72-day journey, demonstrating the upward movement from $0.0138 to $0.0173, approximately a 25–30% increase. The token currently oscillates laterally, taking support around $0.0162 and resistance around $0.0186. The formation of a build-up is a strong market configuration that may see upward movement.

HYPE closed at $0.017329 yesterday, just above short-term moving averages, and showed constructive price action. The technical charts, i.e., RSI and MACD, are neutral. Higher lows are indicating peaceful accumulation, and short-term exponential moving averages are poised to cross the 30-day moving average, suggesting a possible continuation higher.

Support levels to watch include $0.0169, $0.0163, and a stronger zone between $0.0155–$0.0159. Resistance lies between $0.0180–$0.0182, followed by $0.0186 and August highs at $0.0195–$0.0204. Bankr suggests dip-buying around $0.0161–$0.0165, with initial targets near $0.0181–$0.0183, cautioning that a heavy close below $0.0155 could disrupt momentum.

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HYPE Accumulation Indicates Bullish Market Sentiment

Hyperliquid’s price outlook is supported by diminished inflation readings and potential U.S. Federal Reserve rate cuts. Regulatory clarity provided by the SEC and CFTC reduces ambiguity. The above elements build favorable conditions for digital assets, allowing investors to increase exposure to tokens like HYPE with more confidence in the near term.

On-chain data support high whale activity. Wallet 0x7E4E devoted 8 million USDC to buying 86,322 HYPE ($4.88 million) and 466.68 million PUMP ($2.74 million). Wallet 0x1abD devoted another 4.58 million USDC for more HYPE. These inflows suggest robust institutional interest driving bullish sentiment.

With capital inflows and technical strength, Hyperliquid seems ready for another upmove. The investors are considering significant resistance levels while accumulation is in effect. Macro support and short-term setups are signaling potential breaks to August highs in subsequent periods, corroborating the belief in the HYPE ecosystem.

Also Read | Hyperliquid (HYPE) Rallies 8.56%: Lion Group Doubles Down with Massive Investment