HYPE set a new record high, but this attracted sellers, pushing it into a pullback.
Hyperliquid (HYPE) Price Predictions: Analysis
Key support levels: $52
Key resistance levels: $63
Pullback Ongoing as Sellers Return
As soon as HYPE set a new record price just under $65, sellers returned, sending it into a pullback. At the time of this post, the price is around $57 and is likely to fall even lower, with key support at $52.
Even so, this cryptocurrency remains one of the best-performing assets of 2026, with its price doing a quick 3x since January. For that reason, a pullback here is normal and was expected. The question is if $52 will hold or not to maintain the uptrend intact.
Source: TradingView
Short Term Bearish, Long Term Bullish?
While the price may enter a correction in the short- to medium-term, the outlook on higher timeframes remains quite bullish. HYPE’s fundamentals are some of the strongest in crypto, and the recent HYPE ETFs bring additional buy volume which was not pre
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