Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

CoinjournalCoinjournal2025/08/28 18:30
By:Coinjournal
Hyperliquid price forecast as HYPE sees pullback after hitting all-time high image 0
  • Hyperliquid price jumped to a new all-time high above $51.
  • The token broke higher as HYPE bulls held above a major ascending trendline.
  • While price is down 4% from the ATH and hovers near 48, analysts predict further gains.

Hyperliquid (HYPE) stood out among top cryptocurrency performers this week as the native token of the high-performance layer-1 blockchain rose to a new all-time high above $51.

But can bulls hold prices above a key trendline and enter price discovery?

Hyperliquid pares gains after bulls reach new ATH

HYPE has been on a tear, climbing to an all-time high of $51.07 on August 27, 2025, fueled by a slight crypto market bounce that saw Bitcoin flip to above $113k from under $110k.

The gains came as stocks edged higher ahead of Nvidia earnings, and then futures surged after the AI chip giant posted a revenue beat.

With weekly gains exceeding 18%, Hyperliquid outpaced many top cryptocurrencies and stormed to its new ATH.

Having captured the crypto market’s attention with spot volumes hitting daily peaks above $3.5 billion, HYPE token’s price jumped more than 17% in the past week.

This saw the 16th-ranked altcoin hit highs of $51 across major exchanges.

CoinGecko data shows the altcoin’s price managed a 1,174% rally from its all-time low of $3.81 reached in November 2024.

Whales are aggressively buying HYPE.

Two more whales bought 175,130 $HYPE ($8.47M) in the past 12 hours. https://t.co/61ts9kBRC8 https://t.co/t6SDRudnPb https://t.co/DAxhCUWBkd pic.twitter.com/dOUyTSb92B

— Lookonchain (@lookonchain) August 28, 2025

On-chain activity, with Hyperliquid’s decentralised exchange recording new highs in daily trading volume and fees, helped bulls.

Institutional adoption, highlighted by spot exchange-traded fund anticipation and support by BitGo and Anchorage Digital Bank, has been a key catalyst.

Hyperliquid price forecast: Is $100 next for HYPE?

The broader crypto market bounce, with Cronos (CRO) jumping on Trump Media news , also helped HYPE drive higher.

Analysts now say Hyperliquid price could extend gains in the coming months, with bulls likely to see triple-digit moves as they eye $100 and higher.

However, HYPE has pulled back slightly, with profit-taking currently seeing the token hover above $48.

Despite the pullback, market sentiment remains optimistic, supported by Hyperliquid’s dominance in the decentralised perpetuals market.

Hyperliquid price forecast as HYPE sees pullback after hitting all-time high image 1 HYPE chart by TradingView

The daily chart above shows the technical outlook for HYPE is largely bullish as the token holds above a key ascending trendline.

It signals sustained buyer demand, with the Relative Strength Index (RSI) above 57 to suggest that momentum favours the bulls.

The daily MACD also shows a bullish crossover, with the histogram’s green bars strengthening.

If HYPE regains upside traction, analysts believe it could enter price discovery mode, potentially targeting $100 in the coming months.

As noted, a broader market downturn could push HYPE toward support levels, with demand reload zones around $42 and then $30.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

IOTA partners with top global institutions to build Africa’s “digital trade superhighway”: a new $70 billion market is about to explode

Africa is advancing trade digitalization through the ADAPT initiative, integrating payment, data, and identity systems with the goal of connecting all African countries by 2035. This aims to improve trade efficiency and unlock tens of billions of dollars in economic value. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated.

MarsBit2025/11/18 00:06
IOTA partners with top global institutions to build Africa’s “digital trade superhighway”: a new $70 billion market is about to explode

Panic selling is all wrong? Bernstein: The real bull market structure is more stable, stronger, and less likely to collapse

Bitcoin has recently experienced a significant 25% pullback. Bernstein believes this was caused by market panic over the four-year halving cycle. However, the fundamentals have changed: institutional funds such as spot ETF are absorbing the selling pressure, and the structure of long-term holdings is more stable. Summary generated by Mars AI. The accuracy and completeness of this content are still being iteratively improved.

MarsBit2025/11/18 00:05
Panic selling is all wrong? Bernstein: The real bull market structure is more stable, stronger, and less likely to collapse