Anticipated HYPE Valuations in the Upcoming Week
Hyperliquid (HYPE) Cryptocurrency Faces Downward Trend
After a prolonged absence, bears have returned to the Hyperliquid (HYPE) market. The past four daily candles have closed in the red, indicating a downward trend for HYPE. This trend is further confirmed by the bearish cross on the 3-day MACD, which suggests a potential prolonged downtrend.
HYPE has failed to sustain its price above $40, a significant level that now acts as resistance. The current resistance levels for HYPE are $40 and $43, while the key support levels are $37 and $32. If both $37 and $32 are breached, HYPE may continue to fall, potentially visiting the low $30s if buyers remain absent.
The correction could last for a minimum of several weeks. If you're holding HYPE, it's essential to keep a close eye on these key support and resistance levels.
Despite the bearish short-term outlook, longer-term projections are more optimistic. Some analyses foresee HYPE potentially recovering and growing significantly if bullish momentum returns and adoption increases. Predictions for the end of 2025 range from a low of $15 to a high of $80, with averages around $35, while 2026 outlooks range from $25 to $90. Another source expects HYPE to range between $30 and $60 by the end of 2026 due to ongoing development and adoption potential.
In summary, the short-term outlook for HYPE is bearish, with key support at $37 and $32, and resistance at $40 and above. However, longer-term projections are more optimistic, with possible price recovery and growth between $30 and $90 in 2025-2026 depending on market conditions and development progress.
- Despite the current downtrend in the Hyperliquid (HYPE) market, some analyses predict HYPE could recover and grow significantly if bullish momentum returns and adoption increases.
- If you're interested in crypto trading, it would be wise to keep an eye on HYPE, as its price may plummet further if key support levels at $37 and $32 are breached, but longer-term finance investments in HYPE could yield returns with predicted growth between $30 and $90 by 2026.
