Published: Dec 29, 2025 at 23:09
The Hyperliquid (HYPE) price has held above the $22 support since December 22.
Hyperliquid price long-term analysis: bearish
The upward reversal was halted at the $26 high, which coincides with the 21-day SMA barrier. The cryptocurrency may either decline or be forced to trade within a range after being rejected at this recent high. The altcoin is currently trading below the 21-day SMA but above the $22 support.
On the upside, a bullish trend will begin if buyers sustain the price above the 21-day SMA. HYPE could then reach the $31 high or the 50-day SMA barrier. If HYPE falls below its recent high, it will return to the established support at $22. In the meantime, the price is likely to trade within a narrow range for several days. The altcoin is priced at $25.79.
Technical Indicators:
HYPE price indicator analysis
The price is correcting upwards as it approaches the 21-day SMA resistance. If the cryptocurrency price falls below the 21-day SMA, selling pressure will resume.
Conversely, if it crosses above the 21-day SMA, the upward trend will continue. On the 4-hour chart, the price bars have broken above the horizontal moving averages.
What is the next direction for Hyperliquid?
HYPE is rising on the 4-hour chart. However, the price increase is facing an initial obstacle at the $26 high. If this barrier is overcome, the cryptocurrency will rise to $30. Otherwise, HYPE will continue to trade within a range above the $22 support and below the $26 resistance.
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.