HYPE has established a critical support zone between $45 and $46 in recent trading sessions, with the cryptocurrency showing resilience despite market volatility. Technical analysis indicates a bullish ascending triangle formation on the charts, with higher lows pressing against the $50 resistance level. This pattern typically signals accumulation and potential upward momentum.
Exchange data reveals significant net outflows, suggesting tokens are moving off trading platforms into wallets—a bullish indicator often associated with decreased selling pressure. Recent price action data confirms this setup:
| Date | Support Test | Volume (24h) | Key Resistance |
|---|---|---|---|
| Oct 27 | $45.50 | $545,770.34 | $49.45 |
| Oct 28 | $46.00 | $632,003.81 | $49.42 |
| Oct 29 | $45.79 | $646,548.36 | $49.92 |
A decisive breakout above $52.04 with increased volume could target $61.55 according to Fibonacci projections. Arthur Hayes has even projected a $100 price target for HYPE, though more conservative estimates from market analysts suggest immediate resistance at the $50 mark must be cleared first. The token's fundamentals remain strong with gate trading volume exceeding $51 million in the last 24 hours, reinforcing the potential for upward movement if market sentiment improves.
Recent technical analysis of HYPE token reveals significant chart patterns forming as we enter Q4 2025. The Bollinger Bands have noticeably narrowed around the $45.50 price level, suggesting decreasing volatility and potential preparation for a significant price movement. This narrowing pattern often precedes breakout events in either direction. Adding to the bullish case, a golden cross has formed near the same price point, with the 50-day moving average crossing above the longer-term moving average.
Historical data from September-October 2025 provides context for these indicators:
| Technical Pattern | Current Price Range | Previous Major Move | Potential Target |
|---|---|---|---|
| Narrowing Bollinger Bands | $44 - $49 | +31% (Oct 10-26) | $52 - $57 |
| Golden Cross | Near $45.50 | +20% (Sept 5-18) | $54 - $59 |
When HYPE previously displayed similar technical formations in September, the price surged from $45.35 to its all-time high of $59.40 within two weeks. The current consolidation between $44-$49 appears remarkably similar to price action observed before that major rally. On-chain metrics further support the technical analysis, with derivatives positioning showing divergence from spot markets, creating conditions for potential volatility as price tests this critical level.
HYPE's market dynamics currently present a fascinating dichotomy between derivatives and spot markets. While futures trading displays overwhelmingly bearish sentiment with price drops of 7.15% to $35.78, spot market demand remains remarkably resilient, particularly among whale investors who consistently accumulate during dips.
This divergence becomes evident when examining recent market behaviors:
| Market Aspect | Futures Market | Spot Market |
|---|---|---|
| Price Sentiment | Bearish (Down 7.15%) | Resilient accumulation |
| Key Level | Resistance at $50.49 | Support building at $40-$46 |
| Liquidation Risk | $22.31M longs at $46 | $14.74M shorts at $50.49 |
| Major Players | Short-term traders | Whale accumulation ($18M+ added) |
Technical indicators underscore this contrast, with Pentoshi, a respected analyst, strategically accumulating HYPE below $34 while planning to "load up" closer to $28. Daily token burns of approximately $3 million since September have provided meaningful price support despite the bearish futures outlook.
The gate platform reports indicate whale investors have strategically leveraged price dips to increase holdings, particularly evident since mid-October when large-scale transactions significantly increased according to CryptoQuant data. This accumulation pattern amid bearish futures sentiment strongly suggests smart money positioning for potential future price appreciation despite current market uncertainty.
Hyperliquid's financial strength is clearly demonstrated through its robust daily protocol revenue and significant token staking. According to July 2025 metrics, the platform generated approximately $86.6 million in monthly protocol revenue, translating to around $5 million in daily revenue. This impressive figure represents the highest monthly revenue since Hyperliquid's launch, backed by $320 billion in perpetuals trading volume.
The fundamental support for HYPE tokens is further reinforced by approximately 660,000 HYPE tokens currently staked, valued at approximately $30 million. This substantial staking tightens the available supply in circulation, creating upward pressure on token prices.
| Metric | Value | Impact |
|---|---|---|
| Daily Protocol Revenue | $5 million | Provides continuous buying pressure |
| Monthly Revenue (July 2025) | $86.6 million | Demonstrates strong platform usage |
| Tokens Staked | 660,000 HYPE (~$30M) | Reduces circulating supply |
| Trading Volume | $320 billion (monthly) | Shows high liquidity and market demand |
Hyperliquid's Assistance Fund mechanism, launched in January 2025, allocates 97% of trading fees toward purchasing HYPE from the open market. With current revenue levels and token prices ranging between $35-$55, market projections indicate the potential for Hyperliquid to repurchase the entire HYPE circulating supply within approximately 1.5 to 3.4 years, assuming consistent trading volumes and fee structures persist.
HYPE coin is the native token of Hyperliquid, a fast and user-friendly decentralized derivatives exchange. It's used for trading and governance on the platform, with its value tied to Hyperliquid's success and transparency.
Yes, Hyper coin shows promise as a solid investment. With its innovative technology and growing market presence, it's poised for significant growth in the coming years.
HYPE coin is poised for a 1000x surge. Its innovative technology and growing adoption make it a prime candidate for explosive growth in the Web3 space.
HYPE could potentially reach $15-20 by end of 2025, driven by increased adoption and market momentum. A breakthrough above $10.50 may trigger a significant rally.
Share
Content