Hyperliquid price eyes a new all-time high above $59 as charts signal bullish accumulation.

HyperLiquid price has surged to new all-time highs above $59, with market structure pointing toward sustained bullish accumulation. Key supports continue to hold, placing the $75 Fibonacci extension target firmly in focus.

HyperLiquid (HYPE) has demonstrated remarkable resilience as bulls maintain control despite corrective pullbacks. With the $39 support level acting as a foundation, price action has reclaimed crucial levels while maintaining a bullish series of higher lows.

This technical strength suggests that HyperLiquid is not only positioned to defend its new all-time high at $59 but is also primed for a move toward the $75 Fibonacci extension. Adding to this momentum, HyperLiquid has introduced its own USDH stablecoin, signaling confidence in its ecosystem and providing an additional layer of fundamental support for long-term growth.

Hyperliquid price key technical points:

• Critical Support: $39 remains a strong foundation above the value area low, maintaining structural integrity.
• Resistance to Break: The $53 level, aligned with the value area high, serves as a major resistance before continuation higher.
• Fibonacci Target: A confirmed breakout could propel price toward the $75 Fibonacci extension.

The price structure of HyperLiquid is currently characterized by consecutive higher highs and higher lows, an unmistakable hallmark of bullish accumulation. The $39 support level has held consistently, providing the foundation for renewed upward momentum. Each defended low reinforces the market’s ability to absorb corrective moves while maintaining trend strength.

The immediate resistance at $53 is the key obstacle standing between current price action and further upside. This level aligns with the value area high and has historically acted as a ceiling for continuation. A full-body candle close above this region has already signaled intent, but follow-through with strong bullish volume is critical to confirm the breakout and sustain momentum.

At the same time, the reclaim of the value area highlights renewed buyer conviction. With accumulation present and volume nodes supporting the upward trajectory, the market is displaying the strength necessary to push beyond the $59 all-time high.

What to expect in the coming price action

If HyperLiquid breaks above $53 with sufficient volume, the path toward the $75 Fibonacci extension target becomes increasingly probable. A sustained hold above the $59 all-time high would confirm the breakout, placing the token in discovery mode with new highs on the horizon.