Hyperliquid (HYPE) Price Prediction: Institutional Accumulation Fuels Bullish Case Above $48 Resistance

Hyperliquid is pressing against a key resistance zone, with strong fundamentals and rising institutional demand fueling speculation of a breakout towards higher levels.

Hyperliquid is sitting right under a key resistance zone that could decide its next big move. HYPE price has been repeatedly testing the $48 level, creating a classic setup where buyers and sellers clash for control. With valuation metrics pointing to cheap levels and revenues continuing to grow, participants are watching closely to see if HYPE can finally flip this barrier and ignite the breakout many have been anticipating.

Hyperliquid’s Valuation Outlook

Analyst HoodieChicken points out that $HYPE remains cheap when looking at the Supply-Weighted P/E ratio, which currently sits at 3.39. This metric essentially compares HYPE’s float-adjusted market cap to protocol earnings, showing whether the token is priced above or below its revenue strength. With revenues trending higher at around $3.45M (30d EMA) and the SWPE ratio trading under its historical mean, the chart suggests undervaluation. Historically, these kinds of levels have often marked good accumulation zones before stronger re-ratings.

Hyperliquid’s Supply-Weighted P/E ratio signals undervaluation as revenues trend higher, reinforcing accumulation potential. Source: HoodieChicken via X

Demand is outpacing available float, which supports HYPE’s valuation base. If the SWPE ratio reverts closer to its historical average while revenues continue climbing, it positions HYPE for a stronger upside case.

Hyperliquid Technical Outlook: Ascending Triangle Signals Breakout Potential

HYPE is currently coiling inside a textbook ascending triangle, a bullish continuation pattern that often precedes sharp moves higher. The chart shows repeated tests of the $48 resistance level, while higher lows continue to compress price action from below. This tightening structure signals that buyers are steadily gaining control, and a decisive breakout above $48 would confirm momentum in favor of the bulls.

Hyperliquid’s ascending triangle pattern points to a potential breakout above $48, with targets near $90 if momentum holds. Source: Crypto Target via X

Once that breakout occurs, Crypto Target projects a potential fast move toward $90 and beyond. The ascending triangle’s measured move aligns with this target, suggesting that the next phase could unlock strong upside if volume supports the breakout.

HYPE Remains Under Institutional Demand

Institutional accumulation continues to build momentum around Hyperliquid, with Tobias Reisner noting that some of the largest players in the industry are taking positions. Paradigm leads with holdings above 20 million HYPE, while Galaxy Digital controls over 10 million. Laurent and Hyperion are also involved, with multi-million allocations that reinforce the narrative of growing institutional conviction.

Such concentrated demand from funds effectively reduces the circulating float, tightening supply at a time when broader market interest is expanding. When paired with the token’s favorable valuation metrics and bullish chart structures, this institutional backing strengthens the case for upside.

Price Nearing a Major Bottom Against ETH Pair

Hyperliquid may have reached a structural bottom on its HYPE/ETH pair, with price action showing signs of stabilization around the 0.0108 zone. The weekly chart underscores how this level has acted as a decisive support pivot after a series of lower retracements, signaling that downside momentum is beginning to exhaust.

Hyperliquid’s HYPE/ETH pair stabilizes at the 0.0108 support zone, hinting at a possible structural bottom. Source: JW100x via X

Holding this base is crucial for confirming that Hyperliquid price has completed its correction and is ready to build a fresh leg higher. Analyst JW100x points out that this consolidation mirrors prior basing patterns seen before strong upside extensions. With ETH pairing strength and the market respecting key horizontal levels, the setup suggests potential for outperformance if momentum shifts back in favor of buyers.

Contrary View: Risk of Rejection at Resistance

Analyst Ali Martinez highlights that Hyperliquid’s latest rally is running into a major resistance zone near $48 to $50, an area that has already triggered multiple rejections in recent sessions. The chart underscores a triple-touch rejection structure, with the current push stalling at the same horizontal block where supply has consistently outweighed demand. Ali suggests that if HYPE fails to flip this zone into support, the setup could shift from bullish compression to corrective downside, with traders eyeing $39 as the next probable target.

Hyperliquid faces heavy resistance at $48–$50. Source: Ali Martinez via X

From a technical perspective, the mid-range levels between $42 to $44 remain key to watch. A decisive close below these levels could confirm breakdown momentum, opening the door to the deeper retracement Ali outlines. While broader structural support still sits lower in the $34 to $35 region, maintaining strength above $42 is critical for buyers to avoid ceding control. This view offers a more cautious angle compared to bullish narratives, reminding participants that $48 to $50 remains the battleground for HYPE Hyperliquid’s next big directional move.

Final Thoughts

Hyperliquid’s mix of strong fundamentals and tightening chart structure suggests it could be gearing up for a defining breakout. With revenues climbing and the Supply-Weighted P/E ratio signaling undervaluation, the bullish case points to upside well beyond current levels. If the ascending triangle confirms above $48, chart projections place the next move toward $70 to $90.

This upside narrative is further supported by institutional positioning, as Paradigm, Galaxy Digital, and others continue to absorb supply, leaving less float for retail.

At the same time, the $48 to $50 zone remains the battleground where sentiment will flip. A clean reclaim could fuel a sharp re-rating and set the stage for HYPE Hyperliquid price to outperform broader altcoins into the next leg of the market cycle. Conversely, failure to hold above $42 would shift short-term focus lower, but the structural base near $34 to $35 still acts as strong support.