Hyperliquid (HYPE) Price Prediction: Multi-Timeframe Charts Hint at $60–$70 Rally Potential

Hyperliquid is hovering near key support, with rising on-chain momentum and technical signals hinting at a potential breakout toward the $60–$70 range.

According to Keisan_Crypto, multiple on-chain metrics are hitting all-time highs, and yet, the token still feels underpriced. With DEX activity rising and no signs of exhaustion on the charts, some participants now believe HYPE could be setting up for a breakout that targets the $60 to $70 range.

Hyperliquid Showing Strength as On-Chain Activity Surges

Things are continuing to hold positively for Hyperliquid. The protocol just logged four straight days of over $5 million in fees. According to Keisan_Crypto, user growth, volume, and open interest are all pressing into all-time high territory. This kind of multi-angle momentum is highly positive for the price.

Hyperliquid logs four consecutive days of $5M+ in fees as on-chain metrics hit record highs. Source: Keisan_Crypto via X

What makes this interesting is that HYPE still has not priced in these short-term fundamental developments. Despite the bullish usage stats, the token still seems mispriced and looks ready for an upside with sharp repricing.

DEX Leads HYPE Growth

HYPE is gaining serious traction on decentralized exchanges (DEXs), now making up nearly 30% of spot trading compared to centralized platforms (CEXs). The latest chart from Ryan Watkins shows a clear rise in activity, right in line with the protocol’s growing usage and record-setting fees. It’s a sign that more traders are choosing to trade HYPE directly on-chain, which could help drive price strength as the momentum keeps building.

HYPE’s DEX volume surges to nearly 30% of spot trading, signaling a shift toward on-chain activity. Source: Ryan Watkins via X

HYPE Price Structure Points Toward $56 Breakout Zone

With fundamentals heating up behind the scenes, the technicals for HYPE are starting to align with that momentum. This latest chart from CryptoFayZ shows price continuing to climb within a rising channel, with clean higher lows and no visible signs of reversal yet. The structure remains bullish, with price hugging the midline and pushing toward the upper band.

HYPE price continues to trend within a rising channel, eyeing a $56 breakout on strong technical momentum. Source: CryptoFayZ via X

The projection towards $56 comes from the Fibonacci extension levels of the previous impulsive leg. Additionally, this move is coming in confluence with on-chain activity. If HYPE can hold above the immediate zone around $43 to $45 and flip it into support, the $56 target becomes more likely.

HYPE Hyperliquid Price Up for Potential $60-$70 Move

The multi-timeframe view shared by Deftsuo offers more confirmation that HYPE still has plenty of room to move. Whether on a daily, 2-day, 3-day, or weekly chart, none of them are flashing signs of being overbought or stretched. RSI and momentum indicators are staying neutral-to-positive, and price continues to trend comfortably within structure. That kind of setup usually means there’s space for continuation before any meaningful pullback kicks in.

HYPE remains well-positioned across all timeframes, with neutral RSI and bullish structure pointing toward a $60–$70 upside. Source: Deftsuo via X

It’s also notable that HYPE isn’t yet back in “hype mode” across the board. After a major bullish leg, HYPE is currently not the market’s favorite, but that could change quickly once attention returns. With fundamentals already flashing bullish, a clean bid could bring a swift move towards the $60 to $70 zone.

Hyperliquid Price Outlook

The latest intraday chart from Kingpin Crypto shows a key short-term level to watch for HYPE: the Monday low around $46. If price can reclaim and hold above that zone, it opens up the path toward a move back to the $49 to $50 range, which aligns with previous highs. The trigger is marked on the chart, and the market structure shows an orderly pullback rather than a breakdown.

HYPE eyes a reclaim of the $46 level as intraday structure signals a potential move toward $50. Source: Kingpin Crypto via X

Price action is still hovering near pre-ATH levels with multiple support zones stacked below. That gives bulls room to work with, especially if the $45 to $46 area holds firm. While this isn’t a breakout setup yet, it’s a clean reclaim-and-go trigger that fits well with the broader trend.

Final Thoughts

The price structure continues to hold a bullish bias, technicals aren’t overextended, and multiple support zones remain intact. With rising fees, user growth, and clear traction on DEXs, the platform is hitting all the right metrics on the fundamental side as well. It’s rare to see such solid fundamentals line up with clean technicals and a low-noise narrative. If the $46 reclaim plays out and broader attention comes back, the $60 to $70 zone could hit sooner than most expect.