Hyperliquid (HYPE) Price Prediction: Breakout Structure Targets $52, $65, and Triple Digits
The post Hyperliquid (HYPE) Price Prediction: Breakout Structure Targets $52, $65, and Triple Digits appeared on BitcoinEthereumNews.com.
Hyperliquid is consolidating above key support, with record volumes and strong fundamentals fueling speculation over a potential breakout toward new highs. Hyperliquid is holding steady above $38 to $40, turning a past breakout zone into fresh support. With the 20-day EMA backing the move and momentum still building, participants are eyeing the next push towards higher targets. Hyperliquid Chart Structure Points Towards Bullish Reversal Hyperliquid’s daily chart shared by Aylo shows price holding firmly above its prior breakout zone around $38 to $40, with the 20-day EMA acting as dynamic support. This consolidation above the key horizontal level comes after a strong multi-month uptrend, suggesting that the market is absorbing profit-taking before the next leg higher. The RSI remains mid-range, indicating there’s still room for momentum to build without immediate overbought pressure. Hyperliquid holds above its $38–$40 breakout zone, keeping bullish momentum intact with eyes on $50. Source: Aylo via X From a structural perspective, maintaining this $35 support zone keeps the bullish setup intact. If price can now sustain above $40 and push through recent swing highs, the next upside targets sit near $50 and potentially $58. HYPE’s Breakout Signals Trend Re-Entry The latest daily chart for HYPE shows price breaking out from a short-term descending channel, reclaiming territory above both the 20-day and 50-day EMAs. This move suggests early signs of momentum returning, with the Bollinger Bands starting to open up after a period of compression. Volume has picked up slightly on the breakout, adding credibility to the idea that buyers are stepping back in after the recent pullback. HYPE breaks out from a descending channel, reclaiming key EMAs and eyeing a move toward $50. Source: Cheds Trading via X Technically, the $38 to $40 region now serves as a key support zone, with the next immediate test…
Filed under: News - @ August 9, 2025 11:27 pm