Hyperliquid is catching attention, with a solid technical setup and a big jump in TVL that’s landed it in the top 10 DeFi chains. Analysts are now eyeing $100 as a potential target, thanks to strong support levels and growing momentum. With a 50% gain this year, HYPE is showing it’s not just a trend.

Hyperliquid Technical Outlook

Hyperliquid continues to trade with a strong technical structure, and TraderDraco’s chart highlights a clear range to watch for potential accumulation. He’s eyeing the $39.10 to $38.22 zone as a key area to build a position, which aligns with a cluster of previous support and minor Fibonacci levels. That range has acted as a pivot area multiple times recently, making it a high-interest zone.

Hyperliquid shows strong technical support, with key levels around $39.10 to $38.22. Source: TraderDraco via X

If price holds this area, the next upside test is likely around the $41 ot $42 resistance. The overall structure shows higher lows forming, with the 4H market structure flipping bullish again. For now, the Hyperliquid price outlook remains constructive as long as the $37.50 to $38.00 zone continues to hold on dips.

Hyperliquid TVL Enters The Top 10

Hyperliquid has achieved a major milestone in the DeFi ladder. According to fresh data from DeFiLlama shared by TishaaWEB3, its total value locked (TVL) surged 108% over the past month, reaching $1.46 billion. That spike now places it as the 10th largest chain by TVL, an impressive jump for a project that’s still considered under-the-radar by many.

Hyperliquid’s TVL surged 108%, hitting $1.46 billion and entering the top 10 DeFi chains. Source: DeFiLlama via TishaaWEB3

The trend shows a steep, sustained climb in locked value. If this pace holds, Hyperliquid could start competing with some of the mid-tier Layer 1s in terms of capital efficiency. And in a market where liquidity flows tend to front-run narrative shifts, this could be the start of something bigger for Hyperliquid Price.

HYPE Price to Hit $100 This Cycle

The Hyperliquid price chart is starting to look parabolic, and Kaleo’s post reflects that momentum. Despite broader weakness across the altcoin space, HYPE stands out as one of the few coins pressing near its all-time highs. Kaleo points to $100 as a likely target this cycle, with the chart showing little resistance ahead.

Hyperliquid is in price discovery mode, with $100 as a likely target this cycle, backed by strong support at $30 and $40. Source: Kaleo via X

Hyperliquid is now in price discovery mode. It’s been one of the most consistent trend leaders this cycle, backed by both real traction and narrative strength. On the technical front, the $30 and $40 zones have flipped into strong support, and the structure remains clean.

Hyperliquid Outshines Bitcoin in 2025 Performance

In an exciting take, Hyperliquid is outperforming Bitcoin in returns for the year. Hyperliquid continues to stand out, and Artemis reports that HYPE is up 50.9% year-to-date, compared to Bitcoin’s 13.5%, a serious divergence in strength.

Hyperliquid outshines Bitcoin with a 50.9% year-to-date gain, while Bitcoin has only gained 13.5%. Source: Artemis via X

At the $36 mark, analyst Kevin Ihr sees HYPE as a legitimate fundamental play, not just momentum-driven hype. With rising adoption, strong inflows, and clean support zones locked in, the chart structure supports that $100 target. HYPE is a cycle-leading coin backed by data.

Momentum Returning for HYPE

Hyperliquid held firm during the recent dip, and now momentum is starting to flip back in favor of the bulls. Famous crypto analyst Bellamy’s chart shows the RSI curling upward on the 3H timeframe, with price consolidating in a tight range just below local highs.

Hyperliquid shows strong momentum with RSI curling upward. Source: Bellamy via X

Technically, HYPE has been building a clean base between the $36 to $40 range, turning previous resistance into support. RSI staying above the midpoint and starting to climb is a sign of hidden strength. If volume steps in, this could be the next leg higher towards the recent all-time highs and possibly beyond.

Final Thoughts

As HYPE continues to outperform even Bitcoin in returns, its market position is only strengthening. With fresh momentum building and solid support at $39, the path to new highs looks promising. A potential target of $100 is in sight, and if Hyperliquid can maintain this strength, it could emerge as one of the leading performers this cycle.

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Filed under: Bitcoin - @ July 3, 2025 11:00 pm