The price of Hyperliquid remains positive and is trading above the moving average lines.
The price is showing a pattern of higher highs and higher lows.
Hyperliquid price long-term analysis: bullish
The cryptocurrency has been trading sideways between the $36 support and the $52 high. The bullish momentum has broken through the current price range, which is below the $50 resistance. If the positive momentum continues, HYPE will reach the next resistance at $65.
In the meantime, the doji candlesticks have limited the price movement. At the time of writing, HYPE is trading at $56.
Technical Indicators:
HYPE price indicators analysis
The price bars are above the moving average lines, which are sloping northwards, indicating that the HYPE is trending upwards. The 21-day SMA is higher than the 50-day SMA, indicating bullish signals. The cryptocurrency value is moving into the overbought area of the market. If sellers appear in an overbought market, the cryptocurrency will fall.
The HYPE price is currently trading in the bullish trend zone of the market.
HYPE/USD daily chart – September 12, 2025
What is the next move for HYPE?
The bullish trend has stalled below the $58 high. The cryptocurrency price is trading above the 21-day SMA support but below the $58 high. The upward trend will extend beyond the $58 high. Otherwise, the altcoin will continue to oscillate between $54 and $58.
HYPE/USD 4-hours chart – September 12, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.