Hyperliquid’s price structure and fundamentals are converging to create a high-probability setup for continuation. After weeks of steady appreciation, the asset is once again coiling beneath key resistance near $49, where tightening volatility and strong on-chain growth hint at a potential breakout.

Price Consolidation May Soon Resolve into Trend Continuation

Hyperliquid’s latest structure shows steady compression within a narrow range between $47 and $49, reflecting a clear consolidation phase. As HoodieChicken highlighted, this setup mirrors classic pre-breakout formations where volatility compresses before a strong directional leg. With consistent higher lows forming, momentum appears to be coiling for another impulse wave higher.

Hyperliquid continues to consolidate tightly between $47 and $49, forming a classic pre-breakout setup that hints at an impending upward expansion. Source: HoodieChicken via X

If bulls manage to reclaim and hold above $49, a trending phase could quickly resume towards the $51 to $52.5 region. The horizontal base under current resistance also aligns with prior breakout zones, reinforcing this as a healthy pause before continuation. Such setups often serve as accumulation ranges before expansion phases begin.

Hyperliquid Bull Flag Pattern Targets $55

A clean bull flag formation is visible on the HYPEUSDT chart, as pointed out by Crypto Chiefs. The flag has formed following a strong impulsive rally, with lower highs and higher lows converging around the $46 to $49 area. The measured move projection of this flag suggests a target near $54 to $55, which aligns closely with Fibonacci extensions from the prior swing leg.

HYPE is forming a textbook bull flag between $46 and $49, with projections suggesting a potential breakout towards the $55 region. Source: Crypto Chiefs via X

Volume dynamics have remained supportive, with declining trade activity during consolidation, a textbook signal for continuation rather than reversal. A confirmed breakout above the upper boundary of the flag could trigger acceleration, sending Hyperliquid into a fresh uptrend phase with momentum favoring bulls.

Bullish Momentum Remains Intact Despite Minor RSI Cooling

The 4-hour chart shared by Umair Crypto shows a structurally strong recovery following a 30% rally, with price now consolidating just below the 0.618 golden pocket near $49.5. While RSI is testing its ascending trendline, this cooling phase appears to be a standard retest rather than exhaustion. The broader pattern continues to show healthy volume and a constructive structure above the 100-EMA.

Hyperliquid holds firm above key EMAs as RSI cooling signals a healthy setup for continuation. Source: Umair Crypto via X

Should the RSI rebound from the current trendline, continuation towards $52 to $54 remains a valid expectation. Even in the event of a short-term pullback towards $44 to $45, the macro structure suggests that buyers would likely re-enter aggressively.

On-Chain Metrics Reinforce HYPE’s Strong Position

Ryan Watkins highlighted that Hyperliquid now contributes 33% of total blockchain revenue, making it the top revenue-generating blockchain globally. This figure not only surpasses Solana and Ethereum in recent months but also emphasizes HYPE’s dominant market share in terms of active usage and fee generation. This organic on-chain expansion across derivatives and spot settlement gives HYPE a sustainable growth potential.

Hyperliquid HYPE now leads all blockchains in revenue share, accounting for 33% of total network fees. Source: Ryan Watkins via X

Final Thoughts: Hyperliquid Price Prediction

From a broader perspective, HYPE’s price structure remains firmly bullish, with higher highs and consistent demand reloading above key moving averages. The repeated consolidation near resistance, combined with strong on-chain backing, hints that the asset may be preparing for a decisive expansion phase.

Hyperliquid’s current price is $47.07, down -2.15% in the last 24 hours. Source: Brave New Coin

If the flag and horizontal range breakouts confirm in tandem, short-term targets of $52 to $55 are realistic, while sustained momentum could extend moves towards $60, a critical psychological level. With both technicals and fundamentals aligned, Hyperliquid price prediction appears well-positioned for another trending leg.

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Filed under: Bitcoin - @ October 28, 2025 8:20 pm