Hyperliquid is testing key resistance near $50, with participants eyeing a breakout that could propel the token towards triple-digit targets.
After smashing through previous records, Hyperliquid is now holding firm around the $48 to $50 range, a level that has become the key battleground between bulls and bears. HYPE’s surge comes on the back of triple all-time highs, price, daily perpetual volume, and buybacks, painting a picture of both strong market demand and a thriving protocol economy.
Hyperliquid Hits Triple All-Time Highs
Hyperliquid has reached a major milestone, setting new all-time highs across three key metrics as shown by 0xAlan_. The token’s price touched $50, daily perpetual volume surged past $29 billion, and the 24-hour $HYPE buyback exceeded $8.3 million. These numbers point to a strong combination of market activity and protocol growth, signaling that both trading participation and tokenomics are working in tandem to strengthen the ecosystem.
Hyperliquid hits record highs in price, volume, and buybacks, signaling strong market demand. Source: 0xAlan_ via X
Such performance highlights Hyperliquid’s growing influence in the current market cycle. High trading volume paired with consistent buybacks reflects sustained demand and active capital rotation within the platform. While short-term fluctuations are always possible, this latest achievement adds weight to the narrative that HYPE is steadily building momentum as one of the standout performers of the year.
Hyperliquid price prediction on track for triple-digit target
Hyperliquid has pushed to fresh highs, holding firmly above the $48 to $50 support zone after a strong breakout. The trend has been building in measured steps, with price action suggesting the potential for sequential targets around $75, $100, and even $200 if momentum remains steady. Short consolidation periods between rallies have kept the structure healthy, and rising volume continues to back the advance.
Hyperliquid’s current price is $49.18, up 0.75% in the last 24 hours. Source: Brave New Coin
With this momentum, 0xMojojo believes the structure suggests the potential for continued strength toward higher milestones. Sustained closes above the recent highs would confirm buyer dominance and keep the path open towards a possible triple-digit move. As long as price respects its support base, the bullish structure remains well intact.
Strong Sell-Side Liquidity Stacks at Hyperliquid’s $50 Level
Despite setting a new high, the order book data shows a heavy concentration of sell orders for HYPE between $46 and $50, with the largest block, over $13 million, positioned exactly at the $50 mark. This forms a significant overhead supply zone that could slow or temporarily cap price advances unless strong buying volume steps in. Large sell walls like this often attract attention from participants watching for either a breakout or a rejection at the level.
Over $13 million in sell orders stack at Hyperliquid’s $50 mark, creating a key resistance zone. Source: Holosas via X
From Holosas view, clearing this liquidity would be a notable bullish signal, potentially opening the path towards higher milestones. Until then, the $50 area remains the key battleground where buyers must absorb selling pressure to maintain the broader uptrend momentum.
Hyperliquid Price Prediction Signals Major Breakout if $55 Clears
The $50 mark has been a notable hurdle for Hyperliquid, with order book data previously showing over $13 million in sell-side liquidity concentrated at that level. A push towards $55 would not only require absorbing that overhead supply but also confirm that buyers have the strength to push through a heavily defended price zone. This kind of liquidity clearance often shifts sentiment quickly, drawing in breakout participants and momentum buyers.
A break above $55 could trigger a major bullish phase for Hyperliquid, clearing key resistance zones. Source: skewga_hyper via X
From a technical perspective, $55 remains the pivot point that could transition the current structure into a stronger bullish phase. Clearing both the $50 sell wall and the $55 resistance would open space for accelerated upside, supported by rising volume and a clean break above the upper Bollinger Band. Until then, price stability above the $44 to $46 support range will be key in keeping the breakout scenario intact.
Analyst Expects Fourth Push to Break Key Resistance
The latest chart from Crypto Ricardo shows HYPE repeatedly testing a horizontal resistance level near $48–$50, marking what could become a classic multi-touch breakout setup. The pattern highlights two prior attempts, both of which were rejected in follow-throughs.
Charts shows a potential fourth attempt by Hyperliquid to break the $48–$50 resistance zone. Source: Crypto Ricardo via X
If the projected path plays out, a fourth approach could finally push price through, especially if accompanied by increased volume. This kind of repeated testing often weakens overhead supply, making a breakout more likely over time. Until then, price action between $48 and $50 will remain the key battleground.
Final Thoughts
Hyperliquid’s rise isn’t just about chart patterns and resistance levels, it’s about an ecosystem firing on all cylinders. With price, volume, and buybacks all hitting record highs, the project is proving it can sustain momentum in a market where most rallies fade quickly.
The $50 to $55 range may be the final hurdle before unlocking a much larger move, and every retest is slowly chipping away at the sell-side pressure. Participants are now eyeing this zone as the pivot point that could determine whether HYPE enters its next explosive phase or pauses for another round of consolidation.
Source: https://bravenewcoin.com/insights/hyperliquid-hype-price-prediction-bulls-eye-75-100-targets-after-record-surge